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    Posted by educratsweb.comBusiness 👁 369 times visited (13 Apr 2021) Sources
    When fundamental performance is improving then we should compare market price with improving fundamental performance rather should wait to fall in price as it has risen in past.
    NEVER PAY YOUR LAWYER BY THE HOUR – Incentive Super-Response Tendency #
    We need to study the given pieces of advice thoroughly before accepting it. If we work on anyone's advised without putting our efforts then that will become our fault.
    DON’T TAKE NEWS ANCHORS SERIOUSLY – Chauffeur Knowledge #
    In 1998 Wesco meeting, Charlie Munger Quoted - I try to get rid of people who always confidently answer questions about which they don't have any real knowledge. To me, they are like the bee dancing its incoherent dance. They are just screwing up the hive.
    Overconfidence – 2 #
    Not believing the role of luck will lead to overconfidence in their skill. And that will tend to make any irrational decision. So that after buying or selling, we will think that stock price will move as per our expectation because we have completed with all necessary study and confident about movement.
    Successful businesses also can meet failure in some of their ventures. Google has achieved success in the search engine, e-mail services, mobile operating system, video streaming, maps etc. but Google also has faced failure in social media platform such as Orkut, Google Plus.
    The Social Costs of Hindsight #
    When an unpredicted event occurs, we immediately adjust our view of the world to accommodate the surprise. A general limitation of the human mind is, its imperfect ability to reconstruct past states of knowledge, or beliefs that have changed. Once you adopt a new view of the world (or of any part of it), you […]
    WHY YOU SHOULD KEEP A DIARY – Hindsight Bias #
    "In the business world, unfortunately, the rear-view mirror is always clearer than the windshield." Warren Buffett
    "Stories are for kids, not for investors."
    WHY ‘NO PAIN, NO GAIN’ SHOULD SET ALARM BELLS RINGING – The It’ll-Get-Worse-Before-It-Gets-Better Fallacy #
    We have heard No Pain No Gain concept everywhere but it is not always suitable for all situation. When we do a workout then we keep getting pain due to training of different muscles. But if we do a workout in a wrong posture then we get pain without gain for a lifetime. When we […]
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    April 13 - Historical Events - On This Day
    Subh Manalwar (Tuesday)

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    12 Lucky Dancer
    13 Lucky Dancer
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