After four long months of break, the Chief of Speculation is back! After twelve years of speculating in stock market, … More
Category: Behavioral Investing
Where Are The Customers’ Yachts?
There Are Certain Things That Cannot Be Adequately Explained To A Virgin Either By Words Or Pictures. – Fred Schwed … More
A Dollar Loss Is 2&1/2 Times As Painful As A Dollar Gain Is Pleasurable.
Daniel Kahneman and Tversky are two Nobel price winning economist. Their most important contribution is called prospect theory which describes … More
One Quote That Changed My Investing Life.
“Selling your winners and holding your losers is like cutting the flowers and watering the weeds.” – Peter Lynch. In … More
Behavioral Biases and Heuristics in Investing
“A lot of people with high IQs are terrible investors because they have got terrible temperaments” – Charlie Munger … More