Tag: Birthday Party

11

If you died tonight….

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No, nobody likes to talk about death. But people have to die, do they not? Even Devanand had to die! http://www.subramoney.com/2010/06/if-you-died-tonight-what-will-your-family-do A long time ago I wrote a piece ‘If you were to die tonight what would your family do?’- here is the link http://www.rediff.com/money/2006/may/10perfin.htm My question to all readers is to take some time […]

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3

Behavioural Finance: Works sometimes!

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One very important fallacy is called the ‘Sunk cost fallacy’ – which makes us throw more good money after money already gone bad. Typically a lender keeps lending money to one customer hoping that this will enable the borrower to do well and repay ALL the money. Another manifestation of this is called ‘Averaging’ – […]

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