It was 1935 and the Austrian physicist Erwin Schrödinger had a problem with Albert Einstein. Einstein had just released a paper with two fellow scientists that discussed the concept of superposition, an idea that seemed somewhat absurd to Schrödinger. Superposition implied that…
Virtues of staying invested in stock markets
2018 has been a relatively moderate-to-weak period for stock markets. Though the large cap indices, led by the Sensex is up 5.9%, the midcap and small caps were down. In this context, we have seen some investors getting concerned with…
What is Your Financial Tipping Point?
It was 1949 and Fred Charles Iklé wanted to know why some European cities had been abandoned during World War II while others survived. While traveling through war-torn Germany, Iklé discovered that the city of Hamburg was still inhabited despite…
The McRib Effect
It’s Sunday morning. You walk to your mailbox and see a letter from a mysterious stock research firm. The firm claims that their market insights team knows with 100% certainty that a particular stock is going up over the next…
Fickle Fortune
Few people have done more to change the world and have gotten rewarded less for their efforts than Edwin Drake. On August 27, 1859, Drake became the first person in history to successfully drill for oil. Despite his early start,…
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