Signal and Noise
I try and play bridge once a week, last week the tournament start was delayed due to an election rally which caused a traffic jam. I was chatting with one of the senior bridge players, when he found out about my line of work he said “I invested in stocks long time ago, the prices […]
Tinkerbell effect
Tinkerbell effect is an expression describing things that are thought to exist only because people believe in them. The effect is named after Tinker Bell, the fairy in the play Peter Pan, who is revived from near death by the belief of the audience. Beliefs are extremely powerful and their effect is best demonstrated in […]
Teaching kids money management
Parenting and managing money are two things most of us do – but there is very little material/training available about either of them, we are expected to figure this out as we go along. Teaching kids about money management is hardly discussed, though it could be one of the most important lessons that a child […]
Nothing to fear but fear of….
In my meetings with prospective clients, friends etc., topic of investing invariably comes up. I am a big proponent of investing in equities especially for long term goals and some people say that they are afraid of investing in equities as they believe it is too risky. I think it right for people to be […]