There are a few paragraphs that I had written but deleted them as this equation seemed simple and sufficient.
This Warren Buffett quote is an apt one here – “I don’t think we’ve (meaning him and Charlie Munger) ever made a decision where either one of us has either said or been thinking: We should buy or sell based on what the market is doing. Or for that matter, what the economy is doing.”
In my previous Nano headlined “Horseless Carriages”, I had mentioned about Nobel Prize Winner Paul Krugman’s view on the internet (in 1998). He had outrightly dismissed the i ....Read More
Our attitudes about money are formed as a child based on our personal environment (including economic circumstances) and our experiences. However, they continue to ....Read More
Can you become an effective writer without understanding the foundational elements of a language?Think Alphabets, Words, Grammar and Punctuations.Can you become an outstanding musi ....Read More
One of the fundamental requirements to be successful as an investor is to have a positive view of the future. I call it Optimism. There is a general sense even among smart people t ....Read More
Volatility is the Cost that you can never reduce if you want to invest in the stock markets. This is because markets are volatile. If by any means (there are many in pinstripe ....Read More
Who do you think the investor’s worst enemy is?....I will rely on 2 learned folks to answer this question...“We have met the enemy, and he is us.” - Pogo PossumFor me as an i ....Read More
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