The Significance Of Cash
May 5, 2013 4 Comments
Bet On Sure Things
April 26, 2013 2 Comments
Both investments have an 8 percent average annual return. But Investment #1 has a wide range of returns, while Investment #2 has a stream of returns that more tightly hug the average annual return.
If each of the points on the charts represents a monthly return and both investments achieve the same end result, which investment should you choose?
The answer: Investment #2 — the one with the tighter distribution of returns since it gives you a higher probability of achieving a higher return. Read more of this post
Sudipta Sen’s Letter
April 26, 2013 Leave a comment
Here is the most interesting takeaway I have from following the Saradha Realty Case so far: sudipta-sen-letter-to-cbi
There is no way to conclude that this letter-bomb is the whole truth.Nor can we conclude that it is not a way to manipulate the reaction of people in high places,but this letter makes for interesting reading.Do read it.At the very least it will give you a feel of real life business in India at the few hundred crore level.Now wouldn’t it be interesting to have a peek at business at higher levels?
wealthymatters 