Many times, we may have expectations of receiving a reward for our efforts, and when we don’t get what we believe we deserve, we end up feeling disappointed. This mindset may have been instilled in us from a young...
(Excerpt from Ben Bernanke’s speech at the Baccalaureate Ceremony at Princeton University, Princeton, New Jersey) A meritocracy is a system in which the people who are the luckiest in terms of their health and...
It started off with a question to ChatGPT about the best Lindy books: And the drinking buddies said to read all as a challenge and write something that ChatGPT would not be able to generate. It was decided when we were...
I wrote a lot this year but just not on this blog. Today is the last day of 2022 and I finally get myself to do the book of the year 2022. 2022 was a trying year. I guess not just for me but for many people too. For...
(Excerpt from Stock Market Wizards by Jack Schwager) Jack Schwager: Did your economics education at Wharton help at all in your career as a stock trader? Steven Cohen: Not much. A few things they taught you were...
(Excerpt from This is Marketing by Seth Godin) Busy people (you know, the kind of people you seek to change) don’t care about your work as much as you do. They’re not as up to date as you are, or as aware of the...
(Excerpt from This is Marketing by Seth Godin) The critic who doesn’t like your work is correct. He doesn’t like your work. This cannot be argued with. The critic who says that no one else will like your work is...
(Excerpt from This is Marketing by Seth Godin) Harvard marketing professor Theodore Levitt famously said, “People don’t want to buy a quarter-inch drill bit. They want a quarter-inch hole.” The lesson is that the...
This is something that I have observed: investors’ confidence in their stocks wavers with the price movements. If prices are going up, they feel very confident about their picks. When prices are going down, they...
(Excerpt from Prisoners of Geography by Tim Marshall) For thirty years it has been fashionable to predict the imminent or ongoing decline of the USA. This is as wrong now as it was in the past. The planet’s most...
