In 2002, the Oakland Athletics baseball team faced an impossible problem. They had to compete against teams like the New York Yankees, who had three times their budget. By traditional standards, they had already lost before the first pitch was…
Money was invented to solve a logistical nightmare, but somewhere along the way, it became a psychological trap. We feel anxious about possessing more of it, all the time. To understand our current anxiety created by money, we must look…
Jordan Belfort’s story is often misunderstood. In popular culture, it is frequently viewed as a rebellious joyride of excess, a celebration of how far charisma can take you. But strip away the Hollywood veneer, the yachts, the substances, and the…
Few films capture the raw struggle behind financial survival as powerfully as The Pursuit of Happyness. Chris Gardner’s journey from homelessness and rejection to a life of dignity remains one of the most compelling reminders that the greatest asset in the…
Perfect Prediction Predicting the market’s next move is the holy grail of investing. A “Perfect Predictor” (PP) would flawlessly sidestep every down day and ride every up day. It’s an alluring fantasy. But what does the data say about this…
Ravi had, he smugly decided, made a stellar hotel choice. Located right in the heart of the city, it was clean, well-priced, and featured comfortable beds within a beautifully restored vintage building. He’d even secured a room with a great…
Returns are invariably the hero of a portfolio. Risk management, which is positioned as a second lead, typically works in the background. However, it is evident that the cushion and comfort that good risk management provides, really determines the success of…
Each one of us aspires to walk on the road of financial freedom. To reach there, it is of utmost importance that you plan your finances well through prudent financial planning. The essence of financial planning is to help you…