I came across this extremely sharp and critical interview of Dr. Rathin Roy by Karan Thapar. There are many thoughts, points to ponder. Don't miss this: https://www.youtube.com/watch?v=oE48XvvJlrM&t=3026s
Gold Standard of Fake News: Why I Don’t Read Newspaper Much…
I don't read daily newspaper with the same enthusiasm or purpose any more. I do read it for trivial news updates, but not for being informed about world events or for forming views/opinions. Firstly, daily newspaper had become way more outdated for that, particularly in the age of Social Media where news is fed and... Continue Reading →
The “Vision” Thing – Lecture by Raghuram Rajan
The “Vision” Thing - Lecture by Raghuram Rajan https://brown.hosted.panopto.com/Panopto/Pages/Viewer.aspx?id=0b3ff73b-36a0-46c5-8455-aadf010a3638
Thomas Sowell’s Basic Economics
Dr Thomas Sowell, Americal Economist born in 1930, is a living legend! In our Economics classes I don't remember our Professors talking about him much. Or maybe they did so in passing and I didn't notice. So I was torally unaware what a genius this man is! I discovered him during last year through Twitter... Continue Reading →
Down The Memory Lane: Start of Internet Service in India in 1995
Today in 1995: Internet services were launched in India by Videsh Sanchar Nigam Limited. The rate chart: Average cost of 1GB of mobile data in the world 2019: India is 1st @ $0.26 per GB, in comparison, Canada $12.02, USA $12.37
Amazing Anthony Deden!
I stumbled upon this long interview (2 hrs 25 mins) of Anthony Deden who is Chairman of Edelweiss Holdings! He is amazingly articulate and his clarity of thought (in his domain) reminded me of Charlie Munger! Watch this interview at leisure and with full attention...and let it sink in...slowly. https://www.youtube.com/watch?v=a4_U6bS-cU4
The Value of Superfluous Option
I read this interesting post on LinkedIn: Why giving 3 options is better than giving 2 options? A few weeks back I was to a local juice shop. A girl came and asked for a glass of juice, he gave her a choice of two sizes (INR 40 and INR 50). She asked neither the... Continue Reading →
Sendhil Mullainathan Wins Infosys Prize 2018
Just read this news that Harvard Prof Sendhil Mullainathan won (along with 5 others) Infosys Prize 2018 for science and research https://www.thehindu.com/sci-tech/science/six-professors-win-infosys-prize-2018-for-science-and-research/article25483977.ece I had watched Sendhil's TED talk and had liked it a lot! There are many economists of late who write and talk about behavioral economics, cognitive biases and nudge. This one is also... Continue Reading →
Thugs of Hindostan, Sunk Cost and Behavioral Economics/ Finance
Much anticipated Hindi movie "Thugs of Hindostan" has released today across the world. Based on Philip Meadows Taylor's 1839 novel Confessions of a Thug, the movie tells us about a thug named Ameer Ali and his gang, whose nefarious ways posed a serious challenge to the British Empire in India between 1790 and 1805. The... Continue Reading →
Good Read: Why Coal Will Keep Burning
"Coal has enjoyed nearly 200 years of continuous volume growth, with 1.6% annual growth in the past 100 years alone despite displacement of coal by oil in transportation." Good read on the relevance of coal / thermal. Substitution cost is just too high https://www.bcg.com/en-in/publications/2018/why-coal-will-keep-burning.aspx
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