Category: Business
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Financial Freedom is a stupid concept
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. However much you save, you can…
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What makes an entrepreneur unique?
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 start “doing” entrepreneurship. According to them, the manifestation of…
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My Best Stock Investment
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 at a mutual…
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Are you the drunk searching under the streetlight?
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 man searching for something under a streetlight and asks what…
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Tata Consumer – A Global Story?
Tata Consumer acquired a number of companies in the US, UK and Africa, for which they were criticized for over a decade. There were valid reasons for the same, they were not able to digest the rapid acquisitions and had a number of issues getting those companies to profitability. The recent annual report gives a…
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When was the last time you did something for the first time?
Staying in the comfort zone is … well, comfortable. You do something that you have done many times before, and you do it better. You are comfortable, you have the confidence, and you do it well. Why would anyone try anything new? You try something new because you have to. When your current strategy, current…
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Ask Atul : What has been your biggest career mistake?
The biggest career mistake I have made is to assume that there is something called career mistake. Let me explain. When we use the word “career mistake”, we are referring to an incident in our lives when we took a certain decision that turned out to be “wrong” later. It may be that we rejected a…
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Finance and Investing Books
Over the last thirty years, I have read several finance and investing books. Finance and Investing is not only interesting, but is a very important topic for anyone who wants to lead a balanced life, doing what one wants to do. It includes personal finance, portfolio design and stock picking. I have made a list…
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Small things
It is the tiny habits that become one’s nature. It is very important to be disciplined in every day things.
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Nudge
Richard Thaler and Cass Sunstein argued in their influential book, “Nudge”, that if we redesign our daily environment in such a way that it makes it easier to do things that we want to do and more difficult to do things that we want, it is more likely that our behavior would change in the…