December 14, 2016
by calminvestor
2 Comments

Beware advice from the successful

Survivorship Bias OR How a mathematician helped win a war In 1942, in the middle of the bloodiest wars ever seen, the United States military, brought together some of the brightest minds borrowed from the top universities around the country and called it, … Continue reading

September 17, 2016
by calminvestor
0 comments

Don’t Ask, Can’t Tell

Our (lack of) self-awareness Let’s do a quick quiz to determine what makes you happy. Rate the following on a scale of 1 (very little) to 5 (a great deal) depending on how much each item causes your mood to fluctuate … Continue reading

April 30, 2016
by calminvestor
0 comments

Have you been framed?

Nicotine addicted monks and framing You have probably heard this one about the two trappist monks. Monk 1 asked his abbot whether it would be alright to smoke while he prayed. Scandalized, the abbot says “Of Course Not! That borders on sacrilege!” … Continue reading

July 25, 2015
by calminvestor
2 Comments

Magazine subscriptions and the fault in our reasoning

A rupee today is worth more than a rupee tomorrow (or at any point in the future) This is the first, most fundamental lesson you learn as a student of finance. Called Time Value of Money, the idea that any … Continue reading