Category: Behavioral Finance

How to build conviction while investing

circulation-tia-how-to-build-conviction-001On the January 28th, 2017, I was given the rare privilege of addressing a room full of serious investors from the Tamil Nadu Investors Association (TIA). An organisation that has been dedicated in educating investors for the past 26 years. I spoke at the Bullet Proof Investing Seminar.

I spoke on the topic of building conviction in investing. Instead of a blog post on it, here’s my entire slide deck with heavily summarised notes.

Slides – How to Build Conviction

The entire event was very well organised & I urge you to consider making a trip to Tamil Nadu every year, to attend it. Here’s a list of the other talks delivered at the seminar.

 

How our use of language can twist reality

By Raunak Onkar | raunak@ppfas.com

We use language to think. The grammatical elements of any language help us express our thoughts better. That can pose a problem while thinking with incomplete information. In that case our emotional state can sway us into believing our own thoughts.

Take investing in stocks for example. It is a guarantee that no matter how well researched the investment idea is we are bound to have some gaps in understanding. We have no choice but to allow for some margin of error to protect us from any temporary setbacks.

One way would be to know our biases but that’s a theoretical solution. To reach a more practical solution we need something that is easy to test & which applies across all our thinking. Continue reading