Happy Basant Panchami
05th Feb, 2022 In the Hindi language, ‘basant’ means spring and ‘panchami’ means the fifth day. According to the Hindu calendar, Basant Panchami is celebrated on the fifth day of the month of Maagh. According to legend, Lord Brahma was very happy with the creation of the whole world & he wanted to see the […]
Veblen Effect
04th Feb, 2022 At 23, Julius Caesar was a junior politician on the way up. But he had an advantage: confidence and brains. Sailing across the Aegean Sea, he was captured by Sicilian pirates. They demanded a ransom: 20 talents of silver.(That’s about 620kg, worth about $600,000.) Caesar told them they were being ridiculous. He […]
How to Save
03rd Feb, 2022 The other day, I came across an article about personal finance in which the author tries to organise his personal finances by following advice from a neuroscientist. It sounded like a gimmick at first – why would a brain scientist’s advice about money be any good? However, the neuroscientist explains the trick […]
Lucky Fool Moment
02nd Feb, 2022 Every reasonable investor has, at least once in a lifetime, their own ‘Lucky Fool Moment’. A moment where everything falls into place and Eureka, your random bet works and you multiply your money manifold. A down payment made on a real estate deal wherein you have just paid 5-10% of the price […]
Budget Day
01st Feb, 2022 It’s the Union Budget day! Budget is like life. It is all about balancing; Balancing priorities, Balancing what you have & what you need, Deciding where to generate resources & Allocating resources to your goal and like life, planning for uncertainties. Whenever I think of budgets, Iam always reminded of this wonderful […]