Keeping a Diary

Human beings are the ultimate product of evolution. It has produced great minds like Issac Newton, Albert Einstein, and Thomas Edison. Gravity was discovered by Newton. This discovery explained why earth revolves around the sun and moon revolves around the earth. It was the same Newton who lost his money in south sea bubble. He wrote – I can…

Sell Winners – Hold Losers

Recently I read an excellent article from Prof. Sanjay Bakshi that appeared in Outlook Business. In this article he writes about the reasons for paying up for quality business like Nestle India. From 1981 to till date this stock returned 32% per annum. At this rate of compounding Rs 1,000 invested in this stock would have…

Commitment and Consistency

Once we have made a commitment which could be in the form of promise, effort, money, belief, relationships etc, we remain consistent.  We associate high degree of consistency with personal and intellectual strengths. Do we trust people who are inconsistent? Of course not. Without the consistent behavior, humanity would not have existed. Some of the…