Making better decisions
Usually decisions are made based on two pillars: beliefs and values. A decision maker’s values reflect his or her sense of what to strive for or to achieve, including goals and objectives. A decision maker’s beliefs are a reflection of his or her perceptions of reality, including facts, opinions, and uncertainties surrounding them. I believe that value and beliefs […]
Problem of Averages
A boat has sunk in the middle of a river. Jack and Jill, both 6 feet tall are forced to wade through the water to reach land. They see 2 sign boards in opposite directions. Sign A says ‘average depth 5 feet’ and sign B says ‘average depth 3 feet’. Jack follows sign A while […]
Yoga & Investments : Striking Similarities
Did you know that the practice of yoga and investments have a lot of things in common and you could incorporate certain yogic techniques in your financial life to beat the stress associated with it. Discipline – Only if you are fully committed while doing yoga will you be able to reap rewards. Similarly, you […]