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....
Investments
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...
National Startup Day
The honorable Prime Minister has declared the 16th of January as National Startup Day. This is a fascinating development and a piece of excellent news for the Indian startup ecosystem. As a humble contribution from my side, I plan to give the kindle copy of my book,...
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...
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...
Why is Bill Gates buying farmland?
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...
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...