Do you remember the Tata Nano hype?
In 2008, we were as excited as Tata Nano as we are about self driving cars in 2018. Unfortunately it didn’t live up to its hype. What lessons can we learn from it?
In 2008, we were as excited as Tata Nano as we are about self driving cars in 2018. Unfortunately it didn’t live up to its hype. What lessons can we learn from it?
A few lessons on being conservative and risk averse from the board game Risk.
We humans are loss averse. Therefore when presented with a prospect of loss, we tend to super react to avoid the loss. A few examples from our daily life.
Sometimes, inactivity can lead to better output than activity. Discussing a few examples here.
Incentives are a super power and your incentives and that of your fund manager may differ.
Switching costs can be an exit barrier. Some companies, like your favorite cooks, make it ‘expensive’ to switch.
A superstore analogy of how Charlie Munger and Ben Graham approach investing.