We live in a world that’s drowning in information. We have more information at the tip of our button than our ancestors combined. Even though we have more information at our tips than any other generation, we are also prone to a lot more misinformation. And at a much larger …
Out of many things one can think of, there is one big thinking pattern that causes misery. Buddhists had this figured out a long while back. What causes such misery is our own colossal expectations of ourselves and the world. Expectations is like the slow knife that twists and turns …
The South Sea Apple that hit Newton. My issue with economists. Crowd Behavior in bull and bear markets. What the markets taught me Isaac Newton(yes, the Mechanics and the Calculus guy) invested and made a tidy profit of around £7000 by trading shares of “The South Sea Company”. It was …
“Imagine how difficult would physics be if electrons had feelings” – Richard Feynman (Probably) No one knows whether Feynman actually said it or not. Regardless, this quote captures an insane amount of truth. Investing unlike physics does not work on core rigid principles. If it had, Newton would not …
This post is influenced by two of my favorite books, ‘Fooled By Randomness’ And ‘Steve Jobs’ Whenever I go to the bookstore, I see a lot of intoxicating books on the rules to be successful. They are all merely accounts of survivorship bias. We often assume the extremely successful have …
The most popular strategy today might not be popular tomorrow. I started investing in 2017. Midcaps and small-caps were roaring. The word growth was around the street and everyone I met was interested in equities. Smallcaps and midcaps were the talk of the town. The pain felt by those indices …
Regret is a terrible emotion. Especially as an investor. Investors (more like speculators) in the Dot-com bubble lost money not because of greed. I believe they feared missing out on the next big thing. It is what is called FOMO (Fear of Missing Out). Every investor knows this feeling. That …
“Everything should be made as simple as possible, but not simpler” Albert Einstein Einstein once listed his five levels of cognitive prowess: Smart, Intelligent, Brilliant, Genius, and Simple. Simplicity on the face of it looks extremely replicable and easy. But it’s the case that the simplest-looking processes are often …
Victor Frankl was an unlucky individual present at the wrong place at the wrong time. Yet, if he was not unlucky, this brilliant book would have never existed.
I read this book at a really interesting time. In a market that has supposedly forgotten the word ‘valuations’, I think this book is a good read as a reminder for investors like me in a market where it seems that the majority of the crowd has come to a …