Psychology
When to start?
Now.
Philosophy
RAQs over FAQs
Frequently asked questions, FAQs, are almost on every company website. We all have FAQs, asked to us, throughout our lives. Well, what if we add some RAQs into the mixture? Rarely Asked Questions. There are two aspects here: 1- One’s life quality is shaped by the quality of the
Business
Take risk with your time
The biggest force connecting business, finance and physics is compounding. Anything that is worthwhile takes time to build. It should be repeated again and again with tiny iterations each time. Each iteration will cost you time. You can invest in two main ways. You can invest with your money, put
Personal Finance
Measure the things that you want to manage
If something can be measured, it can be managed. If you cannot measure something, you cannot manage it statistically. There is no measure in love. As a kid, we opened our arms as wide as possible to show how big our love was. We said “I love you that much”
Business
What are you afraid of, and what are the real dangers?
We overestimate the dangers that are around us. There is an interesting psychological illusion, making us afraid of the unknown, and the same illusion lets us understand how capable we really are when we go into those unknown territories. It is important to ask yourself, what are the worst things
Psychology
It doesn’t matter how fast you run, if you are on a treadmill
Let’s remember why speed and velocity are different. “Speed” deals with how fast an object is moving. “Velocity” focuses on both speed and direction. “Velocity” is a vectoral concept, “speed” is not. In velocity, the places you start and end are key. Imagine a truck traveling at 100km/h.
Personal Finance
12 principles of Nassim Taleb on true wealth
I have been consuming the short writings of Nassim Taleb lately, and became specifically interested in his books. His 12 principles on true wealth are definitely worthwhile to think about. 1. Worriless sleeping 2. Clear conscience 3. Reciprocal gratitude 4. Absence of envy 5. Good appetite 6. Muscle strength 7.
Personal Finance
How deep is your skill stack?
Skill stack, or talent stack, is the combination of different skills that you have that will directly or indirectly affect your income, and as a result, your general life quality. Currently, I argue that the most important skill is communication. Listening well, talking well and asking well are key components
Philosophy
Earn with you decisions, not with your time
The exponential returns in business are coming with your decisions, not earning for your time. Earning based on time and effort is crucial for anyone who is looking forward to starting a business. I believe that currently there is no escape from that. And there shouldn’t be. Earning based
Personal Finance
What is an “index”, and how to use it while investing?
Index is a score that represents the value of total securities in a given area of a market. Simply put, it is a grade sheet of a class. Imagine that markets consist of different classes. For example, from the US market, Standard & Poor's 500 Index specifically focuses
Business
On dividend investing
Understanding how dividends work is crucial for personal financial literacy. A dividend is basically the distribution of a company’s earnings. They can be distributed to stockholders monthly, quarterly or annually. Quarterly distribution is the most popular option among all. Assume you own an Intel stock. In principle, Intel Corporation
Personal Finance
Who are brokers, and how do they earn?
There are few key points to remember about brokers, and here are them: * Brokers are individuals or institutions who work as a bridge among the buyers and sellers of an asset. * The investment asset can be a security like stock, and it can also be real estate. Brokers are responsible