Buggy Humans in a Messy World

Anand Sridharan
Psychology, complex social systems and investing
Created 18 Jul 2020
123
Posts
905
Likes
374
Comments
13
Mentions
  • Buggy, Messy & all that
    30 Dec 2021 • 7 min read • 22 6
    “The chief problem of this work has been one of perspective – to blend the divergent experiences of the recent and the remoter past into a synthesis which will stand the test of the ever enigmatic fut...
  • A statutory warning for investing
    14 Dec 2021 • 4 min read • 15 5
    I recently saw a statistic that the average dollar invested in Cathie Wood’s ARKK fund is under-water despite stellar 5-year performance. This is due to bulk of inflows coming after the fund’s violent...
  • Sshh, value doesn’t matter!
    06 Dec 2021 • 4 min read • 18 7
    Here’s an investing secret. I don’t estimate business value. I never have. I never will. It’s not that I can’t, at least in an approximate sense. I don’t even try, as I have no use for it. I’m not say...
  • Which game are you playing?
    11 Nov 2021 • 3 min read • 13 2
    Much as I hate calling investing a game, I do so here to make a point. Based on how long people hold onto stocks, it’s easy to see how most investors play T20, some play one-day and a few play Tests. ...
  • Power to the absurd
    02 Nov 2021 • 2 min read • 15 3
    Unicorn world is clearly absurd There’s no kind way to say it. Unicorner of stock market is batshit crazy. No amount of FY41 estimates can paper over this self-evident truth. Bull case is euphemism fo...
  • Mr Gormint
    29 Oct 2021 • < 1 min read • 5 1
    Like famous Mr Market, investors need a few more allegories. Mr Promoter, Mr Banker (hard to get a good deal buying from them in IPOs or otherwise). Most topical allegory for today is Mr Gormint. Mr G...
  • Who am I backing here (longform pdf version)
    16 Oct 2021 • < 1 min read • 10 1
    Here is a longform, integrated, pdf version of my 5-part essay series covering my most important question as an investor: Who am I backing here? For those who already read the individual essays, there...
  • Abrupt ownership change
    12 Oct 2021 • 4 min read • 10 1
    Here’s the 5th essay of this series, trying to answer my most important question: Who am I backing here? What kind of controlling owner would be best for interests of a (long-term) minority shareholde...
  • Not ideal, but backable
    05 Oct 2021 • 3 min read • 9 1
    Here’s the 4th essay of this series, trying to answer my most important question: Who am I backing here? What kind of controlling owner would be best for interests of a (long-term) minority shareholde...
  • What I DON’T want to back
    27 Sep 2021 • 7 min read • 10 9
    Here’s the 3rd essay of this series, trying to answer my most important question: Who am I backing here? What kind of controlling owner would be best for interests of a (long-term) minority shareholde...
  • View More on Substack »