In today’s business world, we are obsessed with big data, economic and financial models, everything is data-driven or model-driven, and every decision is made based on logical, analytical and rational thinking. But the problem is we live on a planet of 7.75 billion human beings whose thinking and behaviors are often driven by emotions andContinue reading “The Power of Psycho-logic – Great Ideas that Don’t Make Sense”
Category Archives: Decision Making
How To Go Against The Crowd And Beat The Crowd
Perhaps nobody made more money by betting against the crowd during the pandemic than Bill Ackman. The Wall Street Journal reported recently, that the legendary hedge fund manager and CEO of Pershing Square Capital Management made two complex debt investments—one presaging the economy’s swift shutdown and the other it’s fevered reopening— Ackman made nearly $4Continue reading “How To Go Against The Crowd And Beat The Crowd”
How To Think For Yourself – The Art Of Independent & Critical Thinking
Like most people, I was cooped up at home during the outbreak of COVID-19 last year. I spent most of my time reading: books, news, articles, blogs, and social media posts. I had probably downloaded more than 50 books on my Kindle and read most of them. But I had a strange realization when IContinue reading “How To Think For Yourself – The Art Of Independent & Critical Thinking”
Bet On Things That Never Change In A World That Never Stop Changing
Things that never change in a world that never stops changing are the most important things to pay attention to. Change gets most of the attention because it’s exciting and surprising. But things that stay the same – how people behave, how they think, how they’re persuaded – are the real meat of history. PeopleContinue reading “Bet On Things That Never Change In A World That Never Stop Changing”
Connect the dots 