Doing nothing, when doing nothing is needed
Sometimes, inactivity can lead to better output than activity. Discussing a few examples here.
Tag: Investing
A thought experiment in rationality
Incentives are a super power and your incentives and that of your fund manager may differ.
Cooks, Banks and others
Switching costs can be an exit barrier. Some companies, like your favorite cooks, make it ‘expensive’ to switch.
Benjamin Graham, Charlie Munger and the Superstore
A superstore analogy of how Charlie Munger and Ben Graham approach investing.
Interest upon Interest 