This is not MY original article, but a cut paste from Steve Siebold’s book How Rich People think. However the dark portion is his, the other text is not his, it is just some edited commentary including by yours truly… 21 Ways Rich People Think Differently Than Average People World’s richest woman Gina Rinehart is […]
The economists of the world make on amazingly stupid assumption: “Man is a rational animal” and this leads them to a belief ‘therefore he will do things which are best for him’. This means he will: a) choose the most profitable options – financially rational b) he will take a long term view of things […]
Yesterday I got 2 mails / comments one said a. your blog is too simple and the second b. your blog is too complicated. I could not agree more. This is like being asked to speak to school – and all the kids from class 1 to class X being the audience. It is really […]
‘Hello Subra sir where is the market headed’ Me: I do not know. Inv Aspirant: Come on sir, you have been so long in the markets you will surely know. Me: to know where the market (I am assuming you mean Sensex, which is a derivative of the top 30 stocks in the Indian stock […]
Hi This is a question especially for people who have read my book on retirement…. That was my first book and it had a great response….about 50,000 copies sold…well I enjoyed it for sure!! Now I want a feedback….will you please tell me what was missing? The second revised REWRITING beckons! Would like to know: […]
Predicting is risky, especially if it is about the future. – Anon I said Anon because too many people have attributed it to Mark Twain, Oscar Wilde, etc. And the truth is, I do not know who said this, but it is an awesome statement. Having said that let me predict certain things that will […]
Is there any similarity between running and investing…well a few for sure. Investing is normally for a long term – as is running. The shorter form is called trading and among runners it is called sprinting. So when a runner says he is a short distance runner – it means he runs 100m (sprint) to […]