Another weekend another book. This time it was about irrationality and actually how it helps being irrational – The Upside of Irrationality! We are an irrational species, and that was amply demonstrated through a set of experiments that the author conducted over...
I had gone for a music concert yesterday evening with my wife. It was a great show – but it rained quite heavily a couple of hours before the show, and there were real chances of the show getting cancelled due to it. While at my house before starting, it was...
Risk (or uncertainty) in equities is often measured by the degree of volatility. While this is a measure that may have some utility for portfolio management (specially if one has a need to exit positions in case of price drops), I have often felt risk in investing is...
