Category: 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. However much you save, you can…

  • 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…

  • 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, “Reclaim Your Inner Entrepreneur,” free today and tomorrow.…

  • 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 brought to fore the regenerative and stabilising power of large corporations. Especially the ones with the ability…

  • 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 extent of 90% of the returns. Wow! Is that…

  • 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 opportunities in the technology…

  • Slow Compounding

    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 way over a very long time horizon making very small but consistent progress year on year.…