Best of times, worst of mistakes
This blog is about money. And how over centuries we seem to be making similar mistakes with it.
This blog is about money. And how over centuries we seem to be making similar mistakes with it.
Time is the ultimate stressor. Most of the current narratives, ideas, books, products or technologies are unlikely to stand the test of time. On the other hand, things, ideas and products that have survived for hundreds of years are likely to do so in future too.
Investment should be about making good long term returns. It’s not about winning a popularity contest.
This blog revisits some of Ben graham’s teachings related to markets and valuations.
When there is nothing to do, do nothing. This is true in Test Cricket, Baseball, Investing and Business. It’s important to be patient and wait for the right opportunity rather than swing after suboptimal opportunities.
In this blog, I connect the Parable of the Lost Sheep from the Bible to investing in turnarounds. Just as there is extra happiness in finding the lost sheep, there is extra rewards for a turnaround that is successful.
People don’t think of survival as much as they should. This blog provides examples to prove that.
Slack is like margin of safety. Slack helps countries, companies, portfolios and individuals to survive.
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.
This is blog # 125 and is a guest post by my friend Bharath Mahadevan. In this he talks about the philosophy of his life.