Safety is fragility

There is an obsession in seeking safety. Safety is the easiest way to fragilise yourself. Why? You don't get the upside - by risk taking there is likelihood that you could get huge upside. Eg. It's possible that a taxi driver could get a trip for say 2000 km, your app that you wrote could go viral making you millions; while in a govt. job there is no chance of big upside.It makes you weak and complacent. Once you aren't improving yourself everyday you are slowly making yourself less…

Keep reading

It's OK to be wrong. It's disastrous to stay wrong

It is perfectly fine to change your opinion. You may be wrong or facts may have changed. Here's the tale of one of the smartest people - Warren Buffett and airlines. Buffett in 2007 when  asked about airlines: In 2016 he started buying airlines: In 2020 he started selling his shares at a loss after the Covid-19 crisis: Buffett’s Berkshire Sells Airline Stocks Amid CrisisWarren Buffett’s Berkshire Hathaway Sells Millions of Shares of Delta and Southwest as coronavirus crisis paralyzes airlines.Caleb SilverInvestopedia…

Keep reading

Engineers and Doctors in India are lousy professions

I was asked to help my sister who is preparing for competitive exams on what profession should she choose. While ideally you should be doing something that you enjoy so that you can gain specific knowledge, which can't be replaced; the crude reality is that most people in India are clueless and seek to join a field where they have good chance to make ₹₹₹. Somehow this translates into engineering and medical fields being highly prized. I am going to make a contra case on why you should re-consider joining these…

Keep reading