1. Stories are favored in the short-term. Fundamentals outperform such stories in the long-term.
2. We are overly-diversified if we can’t even remember the names of the funds and stocks we hold in our portfolios.
A native of South India, Acharya Chanakya was a Minister at the local court of the Nanda Dynasty. During his tenure, he played a key role of a strategist, an administrator, an economist, and a shrewd politician. He did whatever he could do to strengthen the whole kingdom. But rarely he was found in agreement with the dynasty’s ruler, Dhana Nanda.
Stephen Hawking was born exactly 300 years after the death of great astronomer – Galileo. Best known for his research on the mysteries of the Cosmos, I came across his work when I read The Theory of Everything in 2007. A book in which he lucidly explains the complexity of our universe in a layman style.
It was Siberian-cold midnight of 14th April 1912. The 1st World War was just 2 years away. Believed to be unsinkable, The Titanic was on its maiden voyage towards New York. At 26 miles per hour, she was invading through the harsh and crazy temperatures at her full speed.
In 1964, Gary Flandro stated that the outer planets – Jupiter, Saturn, Uranus, and Neptune – would align in a rare pattern in the late 1970s. And NASA scientists really wanted to catch hold of such event that occurred only once in 2 centuries. 176 years to be very precise. But how? By launching a mission that would take a road trip towards these giant marbles. In less time. With less cost.