Sorry, but recently the complete NON understanding of statistics by the media has happened too many times… When Mary Kom was playing her opponent the commentators kept saying ‘Mary Kom has not lost to the same opponent twice’. On Sunday, 26th August, 2012, when India played Australia in the Under 19 World cup, the commentators […]
in today’s Business Line there is a brilliant article about the film industry. Just replace the word ‘film industry’ by ‘financial services’ and YOU have the same story happening. Obviously i am too junior in the hierarchy, and will respect the food chain. Grass cannot (does not need to) argue with the Tiger or Lion…read […]
There are some myths so deeply ingrained in people’s mind, that it is impossible to deal with it. Well it is exhausting to say the least: 1. The elephant is a strong animal: Wrong. It is a big animal. The tiger is strong – and the African lion is far stronger. It weighs about 300 […]
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 […]
I am sure you are all dying to hear what is this word…..well the word is NO. Nahi chahiye. Nyet. Nein. Vendam. Nako. Nathi Jothu. Do not want….. the single word is NO. When I was reading an article recently I saw an article with similar headlines…it was an article in Newsweek and it said […]
A few hundred calls from friends, relatives, readers….have all had the same question on their lips. “What should I do now?”, “Will the index touch 9000?”, “Should I stop my SIPs?”, “When will the market recover?” Frankly I have no answer to some of these questions. I realise that the real good fund manager (by […]