Today marks 1-year of me quitting the corporate rat-race and doing away with the addiction of a salary. The idea behind this was to now spend more time in doing things that I really wanted to do. I had a very satisfying job as an Equity Analyst and the only role I ever had [...]
Gambler’s Fallacy : Do you really have an edge?
The reason to get into any bet or trade is to take an advantage of the pay-outs because of the edge that you have. The edge could be a function of knowledge or skill. In sports, poker or trading, the side that wins in the long run is the one with Edge . In this [...]
Poker or Investing – The problem of being STUCK.
Being stuck in Poker or Investing means that you are currently losing money. In poker, this could refer to your current session or this could refer to your cumulative results over a little while. Being stuck in investing or trading means that you continue to hold an investment/stock because you are losing money in it. [...]
Musings on Poker – “A Losers Game”
Musings on Poker – “A Losers Game” In his 1975 essay, The Loser’s Game, Charles Ellis calls professional tennis a “Winner’s Game.” In a winner’s game, the outcome is determined by the correct actions of the winner. In a loser’s game, the outcome is determined by the mistakes made by the loser. In expert tennis, the ultimate outcome is determined by [...]
Jagriti Yatra – Day zero
15 days , 12 destinations , 15 role models , 500 youth , 8000 Kms Today I embark upon a 15-day long, national train journey that will take you 8000 kilometers across the length and breadth of India, to understand and build the India of smaller towns and villages through enterprise. Traveling along this train [...]
