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 the hot stock of those…
All posts in Investing
Narratives
“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 have lost most of his…
Different strategies at different times
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 over the next two years…
My Investment Philosophy
“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 the hardest. Such is my…
Regrets
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 feeling of regret when a…
Bitcoin Vs Gold
I believe most of the people are aware of what money means philosophically. For me, money is a construct of our collective imagination. A way to store the value one has provided to the world or sometimes inherited. We value the printed notes it only because everyone else values it which includes the government that…
Mistaking Luck with Skill
My writeup on the inconsistent and faulty feedback loops provided by the markets in addition to certain lessons learned over the last few years I recently bought a Casio. One of the reasons I bought it is so that I could play the old classical hits of Beethoven, Vivaldi, and Mozart by my hand. I…