Science in Finance – 2
Scalar just has magnitude whereas Vector has magnitude and direction. This is a concept taught in Physics. But it can be applied to business as is shown through many case studies.
Scalar just has magnitude whereas Vector has magnitude and direction. This is a concept taught in Physics. But it can be applied to business as is shown through many case studies.
This is a blog about an NBFC that almost went bust because it got rich while doing stupid things. But it managed to survive and change course.
However the lesson is that arrange your affairs so that you can survive large events like say Covid and even thrive when other less prudent people struggle.
Our natural wiring makes us veer towards certainty and away from uncertainty. But certainty comes at a cost. And it’s okay to seek some certainty too.
This is a blog on the incentives of a conservative banker and why they say No a lot more than they say Yes.
This is the 99th blog. This blog looks back on how and why I started blogging.
This is a blog about Errors of Commission and Errors of Omission. I compare and contrast the approaches taken by Amazon and Berkshire.
This blog explains why the poor end up paying more for credit. It also provides some shining examples of some entrepreneurs who have converted adversity into opportunity.
This blog is about the 5th law of incentives which says that to change outcomes, you need to change incentives.
This blog is about why we shouldn’t expect fairness.
This blog is about how demand falls as prices go up. Adding extra benefits for workers would actually lead to increase in prices and therefore lower demand which will be detrimental to the workers in the long run.