The Brain That Changes Itself

Frederick had a massive stroke when he was in his mother’s womb and his entire left side of the body was affected. He could not crawl nor walk and could not talk until he was three years old. An MRI scan revealed that 25% of his brain was dead. He made some progress using conventional…

Unconventional Wisdom

Imagine you are soccer player about to make a single penalty kick. The odds are in your favor as roughly 75 percent of penalty kicks ends up into the goal post. The ball travels at 80 miles per hour after it leaves your boot. At that speed the goal keeper need to guess the direction…

Thinking about miracles

Frances Griffiths and Elise Wright were two young English cousins. In 1917 they claimed that they took photographs with fairies. During that time photography was still a new thing and hence everyone believed that fairies were real. One of the believers was Sir Arthur Conan Doyale, creator of the famously infallible Sherlock Holmes. In the…

Berkshire Hathaway Annual Meeting 2014

Being a shareholder of Berkshire Hathaway, I had an opportunity to attend the shareholder’s meeting for the second time. I boarded the flight from San Francisco on Friday May 2nd. It was not a direct flight and I had to stop over in Dallas/Fort Worth. During the flight journey I started reading the book How Children Succeed.…

Should we trust experts?

Retailers have a lot of incentives to accurately predict holiday sales. Why? Low sales forecast will leave their shelves empty. This will result in lost profits. On the other hand excess sales forecast will result in unsold inventory. This will put pressure on the profit margins. In order to predict sales accurately the retailers depend…

On Everything

On Life – Steve Jobs On Science – Richard Feynman On Doubt and Uncertainty – Richard Feynman On Learning – Charlie Munger The game of life is the game of everlasting learning. At least it is if you want to win. On Reading – Warren Buffett Warren Buffett says I just sit in my office and…

Happy Money

Dan Ariely recommended the book, Happy Money – The Science of Smarter Spending. I went to the public library and got the book. It is a very good read and here are my notes What does this book talk about Most of us seek professional advice on how to earn, save and invest our money. When…