Importance of destroying ideas
Periodically we need to purge our minds of old cherished but outdated or incorrect ideas. That will make our minds fresh and nimble and we begin to take notions less seriously.
Tag: Warren Buffett
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.
Hope Diamonds and Rhinestones
In this blog I share my thoughts on investing in mediocre as well as high quality companies.
Simple and Compound Interest
This is a simple blog on Simple Interest and Compound Interest. These concepts are everywhere in nature, life, business and investing. We just need to train our minds to see them.
Portfolio lab
I came across on the importance of experimenting in Bezos’ letters to shareholders. I presented a simple idea on how to use this idea in your own portfolio and with luck to get outsized returns.
Bed of Procrustes
The Bed of Procrustes is a metaphor for fitting reality to meet the reality to our internal narratives rather than the other way around. When we confront our Bed, better to discard it than to behave like Procrustes.
Growth and Optionality
This is a blog on the importance of growth in investing and how companies can create optionalities for their shareholders.
A few things I have changed my mind about -1
For long we have believed that we must not quit. It has been drilled into our psyche. But microeconomics teaches us that if after a reasonable effort we don’t succeed, we must move on.
Interest upon Interest 