Financial Freedom is a stupid concept, even stupider is the concept of f**k you money, think about the following things instead.For people who don't what it is, it is the amount of money you need to tell the world to take a hike.Unfortunately, no such number exists....
Many people live under the illusion that they want to be entrepreneurs one day, and most never do. The confusion here is about what entrepreneurship really is. Most people think it is a profession, and just like adding another job to your Linkedin profile, you can...
It is 1999. Besides some punts made with my flatmates, I have not invested in any stocks. I am getting interested in stocks, but I think the stock market is a gambling den. I have a visitor for dinner, a friend of mine, a senior guy at a broking house with experience...
Are you the drunk searching under the streetlight? The streetlight effect is a type of observational bias. It comes from the often-quoted story about the drunk and the streetlight and appears first in Mulla Nasruddin tales. It goes like this: A policeman sees a drunk...
One of the essential practices in the vein of Slow Compounding is to establish a daily routine. Daily routine is essentially a set of activities that you do every day and have specific time market out or a specific goal chalked out. Most successful creative...
Kids and Adults - A Contrast From the balcony of my house, I can see the kids' playground. It is fun observing kids play for hours, seemingly achieving nothing, trying the same thing over and over and still having so much fun. It is instructive to contrast that...
Kumar Mangalam Birla, in his 2020 letter on linkedin, reproduced here makes some very interesting points about the impact of the pandemic on the businesses and draws some insightful conclusions. Corporations are Citizens that count Perhaps uniquely, the crisis also...
There is a lot of research on how much of the typical returns of funds are from Asset Allocation and how much are from performance of individual asset. The general consensus is that "Asset allocation determines the majority of returns". Some researchers put it to the...
There were several media reports that Bill Gates, the owner of Microsoft and one of the richest people in the world, was now the biggest owner of Farmland in the world. The question is why he is doing so? His core strength is the world of technology and there are many...