What is an Index? An Index is a collection of companies. The Sensex 30 is a weighted average of the 30 largest companies (by market capitalization) in the BSE . The Nifty 50 is a weighted average of the 50 largest companies in the NSE. Likewise there are other indices like Small Cap Index, Bank […]
oday is a sad day for economics in India because the government may repeal the farm laws in the parliament. The laws were meant to help the farmers increase their incomes while lowering the cost of food for consumers. However, this game changing reform got entangled with politics and has come to a premature end. Thought I’d share a few thoughts on this.
In this blog I use second order effects to make a case for free internships.
Game theory allows us to understand how people act in situations where they are interconnected.
It’s the nature of the market to swing from extremes of euphoria to extremes of despair. At one extreme gold can trade at the price of dirt and the at the other end, dirt at the price of gold.
We tend to over weigh what we know and under weigh what we don’t. This can be dangerous.
Incentives are a super power and your incentives and that of your fund manager may differ.
Interest upon Interest 