Let us consider 2 investors A and B (I thought a long time before choosing A and B was wondering whether to use real names, then thought it does not matter!). They both have the same income, went to the same school, married similar girls, have similar risk tolerance levels…well they are almost twins. A […]
Whenever you interact with people and are in some service – or when you are taking risks, making things happen, interacting with others, or in the public eye – you are bound to make mistakes. This is like if you are cycling the question is not ‘have you fallen’, the question is ‘when did […]
Once in a while you think back in life and like the Englishman says “One day if you can look back and laugh…it could not have been that bad after all” These are not about the troubles I have gone through. God knew (knows) I am perfectly not capable of handling problems, so does not […]
We saw how your brain makes you do things which are bad for you as an investor….let us see how to combat it. Importantly, read these aloud and repeat it a zillion times, maybe everyday before you even SEE your portfolio: 1. I will invest in education much before I invest in the markets: Nothing […]
Mansur Ali Khan Pataudi, aka tiger the immaculately dressed Englishman in Indian skin breathed his last. He listened to another Englishman who said – the age to die is ‘3 score and 10’. Well Tiger lived to the age of 70. Like in life, so in death, he was perfect. I saw him on a […]
Our brain has not evolved as much as we think it has….so it makes us commit mistakes: Let us see what helped us during our hunting days: 1. Seek maximum information: if we see an animal in the distance, we HAD to know whether it was a harmless (but useful to kill) deer or a […]
a few days back I did a story asking are Indian shares expensive – and I said please look at the American markets..they look cheaper. Similarly I have been a big critic of talking of a MARKET being high or low. You have to keep looking at the components of the market..some are always expensive […]