Curated reads for October 03, 2020
Investors often struggle with uncertainty. Thus it is to this appetite that TV pundits cater with absolute certainty and confidence. However, Jason Zweig wisely defines certainty as ‘An imaginary state of clarity and predictability in economic and geopolitical affairs that all investors say is indispensable—even though it doesn’t exist, never has, and never will.’ Here’s a lesson on the most fundamental attribute of financial markets – uncertainty. Read more
LEARNING & DEVELOPMENT
There are a million ways to get more money. But the only way to feel wealthy is to maintain a gap between what you have and what you expect. Managing expectations is just as important, yet often ignored because focusing on income seems much more intuitive Read more
DID YOU KNOW?
This week, the US presidential debates kicked off. These debates started in 1956 as a campaign to see the two presidential candidates face off on campus at the University of Maryland. Later, Richard Nixon and John F. Kennedy debated in person four times on live TV. Live debates were then organized for every election after Jimmy Carter and Gerald Ford’s and by 1987 they had become such an important part of the democratic process that the Commission on Presidential Debates (CPD) was created to establish the rules of the process. This article goes in to the history and efficacy of Presidential Debates. Read more