Ubbe, Niranjan and Risk

In 2021, I watched a couple of seasons of “Vikings” on Netflix. There is a character called “Ubbe” in the show and there is an amazing sequence involving Ubbe and 3 kings.T ....
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DMQYD

I know the above headline is cryptic so let me give you a clue through a Behavior Gap sketch. I am sure you not only figured the first D and the last D bu ....
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The Patterns that don’t work

Recently, I had a conversation with a senior executive from an asset management firm. He was explaining all the reasons why his firm’s funds had not performed for the last 2-3 ye ....
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Decision and Outcome

On Sunday, I met a gentleman called Aakash at a social gathering and he showed me a message his nephew (22 years old) had sent him. It read “Uncle, invest in X. It will go up 5 t ....
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Your Environment and Content Diet

In the book Nudge – The Final Edition, Authors Richard Thaler and Cass Sunstein give a very powerful example when explaining the Availability Bias.***A quick quiz: In the United ....
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The New Line to Memorize

While the Robinhood of the 21st Century (Last Week’s Nano) is doing its job of turning people into traders (while believing they are investing), how could the Banks in the US be ....
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The 200X Fund

I generally do not write about specific funds but the insightful lesson and thoughts for investors in this particular fund surely makes for an interesting read. I hope you enjoy th ....
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The Challenge

Many of you loved my “91 and still compounding” post.In case you cannot recollect it, click the above link, and read the post. It’s a simple yet powerful post. This one build ....
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The Victory Dance

The headline of a prominent Indian financial daily (25th September) read “SENSEX-AGENARIAN- Rocking at 60,000”. 2 micro headlines in that same post were “Sensex Valuation Low ....
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Evergrande

I think by the time you read this post; you would have heard this word “Evergrande”. If you have not that is absolutely fine too. You have not missed much. I will get to that w ....
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Author

About Amar Pandit

Amar is a CFA Charterholder from CFA Institute, Virginia, USA and a Certified Financial Planner. He is also an alumnus of the Wharton School of the University of Pennsylvania.

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Amar Pandit is the Founder of several companies that are making a Happy difference in the lives of people. His first one was “My Financial Advisor”, the happiest and best Private Wealth Management Firm that helps High Net worth Business Owners, Corporate Executives, Doctors and Celebrities to make smart and informed choices about money. He is currently the Founder of Happyness Factory, a world-class online investment & goal-based financial planning platform through which he aims to help every Indian family save and invest wisely. He is very passionate about spreading financial literacy and does so through his sharp and analytical columns published regularly in leading financial dailies, publications and portals. He is the author of 6 bestselling books, 8 Sketch Books and 2000 + columns for various newspapers such as Economic Times, Business Standard, Times of India, DNA, Hindustan Times, Mint, Indian Express and magazines. He has developed a board game “Financial Premier League" which is a fusion of cricket and personal finance. Besides this, he has developed Corporate Workshops on Financial Literacy and has developed the first financial literacy program for children between the age group of 5 and 12.

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Amar's Philosophy

It’s a myth that More Money = Happiness.
Yes, we have all heard that it is better to cry in a BMW than cry on the road. However, what matters at that point is that you are crying and unhappy. Your location is not relevant, you are just like the other person crying on the road. The point is that if “More Money = Happiness” were indeed true, the richest people would also be the happiest; the most seemingly beautiful and rich people would not be depressed.

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What Amar's Reading