25th February 2024 "Don't bend; don't water it down; don't try to make it logical; don't edit your own soul according to the fashion. Rather, follow your most intense obsessions mercilessly." — Franz Kafka
Warren Buffett’s tribute to Charlie Munger
Warren Buffett's Annual Letter to Shareholders just released today. I eagerly wait for his letter every year. However, this year was more special because it's the first letter after his long time business partner Charlie Munger passed away. I wanted to see what Warren says about Charlie. And he has written a heartfelt tribute right... Continue Reading →
Thought of The Day
24th February 2024 Nothing sedates rationality like large doses of effortless money. — Warren Buffett
Thought of The Day
23rd February 2024 "When the axe came into the woods, many of the trees said: At least the handle is one of us." [Turkish Proverb]
Nilkanth Mishra on Indian Market and Economy
Nilkanth Mishra is one of the best Economists, fund managers, asset managers in India. It's always a delight to listen to this thoughts. I came across this recent interview of his which is on Indian Market and Economy. It says Part 1, so I'm hoping that there would be Part 2 soon! This interview is... Continue Reading →
Thought of The Day
22nd February 2024 “Scratch any cynic and you will find a disappointed idealist.” — George Carlin
Thought of The Day
21st February 2024 “From the saintly and single-minded idealist to the fanatic is often but a step.” — Friedrich Hayek
Thought of The Day
20th February 2024 “Every word has consequences. Every silence, too.” — Jean-Paul Sartre
Thought of The Day
19th February 2024 “The pain of parting is nothing to the joy of meeting again.” — Charles Dickens
Loss Aversion
Loss Aversion Discovered by scientists Tversky and Kahneman, it reveals that the pain of losing is stronger than the pleasure of winning. As a result, humans will go to greater lengths to avoid losses than to pursue gains.
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