Investments

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....

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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...

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Kumar Mangalam Birla on 2020

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...

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Asset Allocation and Diversification

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...

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Slow Compounding

https://www.youtube.com/watch?v=a_8jOkj-9bg In this great Youtube video, Chamath talks about a very important phenomenon for success in any field. He talks about the ability to get extraordinary returns on capital as an ability to work on hard problems in an unique...

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