I finally understood the Russian Roulette. Or at least I think I do. And it took me a good few years to get it. I hope you appreciate this and use it to eliminate some of the black swans in your life. Russian Roulette is a game where there are 2 players- A and B. A… Continue reading Russian Roulette
Writing is difficult. Writing well, even more so. Writing well requires a combination of a solid idea explained beautifully through simple words that hit the mark. Writing helps assimilate the thoughts. Part of the reason I think is because writing requires usage of a different part of the brain. And as this new part does… Continue reading Samuelson’s problem
In lecture 27 of BFBV V12 , Prof. Bakshi had mentioned a point of "Role of Cash: Nesco vs Nirlon". Now, I don't know what he had discussed with his class, but since I had studied these 2 companies, I am venturing a guess on what the Prof. may have discussed in class on this point. This is not a recommendation to buy or sell either. This is purely an exercise for academic purposes.
While reading an Annual Report this morning, I got an idea for this blog: isn’t our financial lives also a lot like the financial statements? And just as we learn a lot about a company by looking at its financial statements, can we look at our own financial statements and see what they tell us? I’ll try and show you how.
I am borrowing the idea of writing an annual letter from Shane Parrish and Vishal Khandelwal. Writing the annual letter, gives me a chance to reflect on the year one by, revisit the learnings, the hits and the misses. And I plan to write a few lines on what I plan to do differently in… Continue reading 5 of 2016
On the 8th of November 2016, the PM of India announced that the Rs 500 and Rs 1000 notes would no longer be legal tenders. This announcement was followed by an unprecedented media coverage of the common man and his problems due to the demonetization, and a range of emotions from the media, the political parties, the experts and the public- frenzy, panic, anxiety, frustration, anger, happiness and sadness.
In this blog, I have tried to explain how to use the lens of capital allocation while analyzing investment ideas.