Economics for the irrational man
Classical Economics assumes humans make decisions rationally. But in reality we are all messed up. Behavioral Economics explains our biases and why/how we make irrational decisions all the time.
Tag: Economics
Our two lives
How we live our days is how we live our lives. And therefore we must learn to spend time wisely.
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.
Swimming Naked
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.
A bird in hand
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.
Conservative Banker
This is a blog on the incentives of a conservative banker and why they say No a lot more than they say Yes.
99 not out
This is the 99th blog. This blog looks back on how and why I started blogging.
Why Warren Buffett makes mistakes
This is a blog about Errors of Commission and Errors of Omission. I compare and contrast the approaches taken by Amazon and Berkshire.
Adversity to Opportunity
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.
5th law of Incentives
This blog is about the 5th law of incentives which says that to change outcomes, you need to change incentives.
Interest upon Interest 