The three distinct stages that every science has gone through are: classification, correlation and Effect-Cause-Effect. Let us go through some examples to understand each stage in great detail. Click here to read the rest. Advertisements
In a few months my elder son will be graduating from 9th grade and entering 10th grade. He is a voracious reader. He has read 100’s of fiction books. I am amazed by his ability to focus intensely, and complete a fiction book in one day. I read a lot of nonfiction books. My son…
Sometimes being late to a party might workout very well in your favor. Indian economy grew at a high rate of 9.5 percent from 2005 to 2007. Money was cheap and inflation was low. Click here to read the rest.
The best thing a human being can do is to help another human being know more. This was told by Charlie Munger. My close friend Saurabh Madaan made me and countless other human beings wiser by organizing world famous Google Value Investors Talk. Saurabh has been doing this for many years, without expecting anything in…
A kid went to his father and told that he scored 10th rank in his class. His father being a rational man asked, how many students are there in your class? To which his son responded: 10. Jokes aside, there is an important lesson to learn. Click here to read the rest.
A wise man showed the image below to me and a few others. He told us the following. To be successful in any pursuit one needs to work hard and keep improving a tiny bit every day. What matters the most is not the magnitude of daily progress. But tiny progress over long periods of…
Cliff Devries has lived half his life with total paralysis on his right side. 20 years ago, doctors found a 6-inch tumor near his brain. Surgery left him paralyzed from the neck down. After months of hard work, he regained use of his left side. Click here to read the rest.
Why are some people good in problem solving? Is it nature or nurture? Are there any tricks or gimmicks that we can used to become an effective problem solver? Click here to read the rest.
What’s a better learning strategy: covering a subject in full detail from top-to-bottom or progressively sharpening a quick overview? The better way to learn is to use the idea of progressive rendering. Get a rough outline as quickly as possible. Then gradually improve your understanding of the subject over time. This document is a rough outline…
Wonderla Holidays is in the amusement park industry. An amusement park is a collection of rides and activites to entertain a large group of people. I spent sometime studying the business model of Wonderla. Click here to read the rest.
In 2017 DJCO meeting, Charlie Munger recommended Ed Thorp’s autobiography A Man For All Markets to his cultists. Munger also told that Thorp was a very smart man and a mathematician with a high IQ. Click here to read the rest.
Indian Investing Conclave conducted an online session a couple of weeks back. In it 16 well known investor presented their investing philosophies. I spent sometime listening to the session and took detailed notes of 10 sessions. If there are errors in the notes, then it’s because of my negligence. Click here to read the rest.
