Representativeness Bias: When Your Past Affects Your Future
Investor's Psychology

Representativeness Bias: When Your Past Affects Your Future

“There are many counterintuitive and surprising ways companies can boost users' motivation or increase their ability by understanding heuristics – the mental shortcuts we take to make decisions and form opinions.” 

Continue Reading about 1 years ago
The Paradox of Choice: Freedom is a Lie
Investor's Psychology

The Paradox of Choice: Freedom is a Lie

“We can’t know when we make a choice whether it will be successful. Success emerges from the quality of the decisions we make and the quantity of luck we receive. We can’t control luck. But we can control the way we make choices.”

Continue Reading about 1 years ago
Top 5 Podcasts for Entrepreneurs
Big Shots

Top 5 Podcasts for Entrepreneurs

Why strain the eyes, when the ears can do all the work unruffled? 

Continue Reading about 1 years ago
The Uber Story: Lessons From Travis Kalanick
Big Shots

The Uber Story: Lessons From Travis Kalanick's Life

Once upon a time, two gentlemen stuck on a snowy evening in Paris were waiting for a miracle to happen. Or in other words, they were waiting for a taxi. Until they realize, “What if you could request a ride simply by tapping your phone?”

Continue Reading about 1 years ago
How Carpenters created Fevicol
Brand Games

How Carpenters created Fevicol

“Pehle Law ki padhai Ki...Uske baad Bharat Chhodo Andolan kiya...Uske baad Law khatam karke wood trading aur import business karne laga. Agar import business karna tha toh law kyu kiya?”

Continue Reading about 2 years ago
The Murder Mystery of T-Series
Brand Games

The Murder Mystery of T-Series

Today’s story is quite filmy. There’s a struggle, theft, murder, conspiracy, and so much more! But before diving into the story, we need to meet the protagonists.

Continue Reading about 2 years ago
How Rats led Parachute to success
Big Shots

How Rats led Parachute to success

Picture a son joining a business created and nurtured by generations before him only to see it struggle to survive. Now what kind of a young man could see this and not become an “angry young man”?

Continue Reading about 2 years ago
What is Sunk Cost Fallacy: Are you as Smart as you Think!
Investor's Psychology

What is Sunk Cost Fallacy: Are you as Smart as you Think!

Have you ever bought the tickets to a concert. And on the day of the event, you catch a cold. Even though you are sick, you decide to go to the concert because otherwise “you would have wasted your money”.

Continue Reading about 3 years ago
Halo Effect and it
Stock Market

Halo Effect and it's Impact on Investment Decisions

“The first impression is the last impression”. Do you know why our family, teachers or well-wishers always say this? Well, the reason behind it is that often, snap judgments are a human tendency, and people try to perceive others in the first meeting itself. Therefore, initial perceptions are always important, especially in job interviews. If the interview of an individual goes outstanding, and he performs well in his initial tasks, the employer may reward him with a higher job role, pay, and responsibilities. This decision of the employer will be taken under the perception that the person will be able to live up to their expectations. 

Continue Reading about 3 years ago
What is Hindsight Bias? - An Overview
Investor's Psychology

What is Hindsight Bias? - An Overview

"I knew it!" or, "I told you so," how many times have you said these words or have heard them from others? 

Continue Reading about 3 years ago
Overconfidence Bias: Are you as smart as you think?
Investor's Psychology

Overconfidence Bias: Are you as smart as you think?

Good character can often be undermined by overconfidence. For instance, most of the investors, mainly when they are new to the investment world, are very overconfident. Overdoing anything has consequences. Overestimating your appetite and ordering too much food leads to a lot of wastage of food. Over-sourcing, your dinner ruins the taste. 

Continue Reading about 3 years ago
Confirmation Bias: How It Affects Your Investment Decisions
Investor's Psychology

Confirmation Bias: How It Affects Your Investment Decisions

Our minds are divided between an elephant and a rider. We often think that the rider controls the elephant, but we often forget that the rider is only a guide. 

Continue Reading about 3 years ago
Anchoring Bias and their effects on Investment Decisions
Investor's Psychology

Anchoring Bias and their effects on Investment Decisions

Do you know when Mahatma Gandhi was born? Let us suppose you don't have the year in your head, and your smartphone battery has just died. How would you find out? Perhaps you know that India got independence in 1947 and that he was assassinated the next year in 1948. And in all the pictures you have ever seen of him from that time, he looked pretty old. So let's assume that he was around 80 when he died—making 1888 our year of estimate when he was born. 

Continue Reading about 3 years ago
What is Heuristics? How does Heuristics influence Decision Making ?
Investor's Psychology

What is Heuristics? How does Heuristics influence Decision Making ?

Have you ever thought about how you are so quick while making some decisions and take time while making some others?

Continue Reading about 3 years ago
What is Prospect Theory? How do users take decisions under risk?
Investor's Psychology

What is Prospect Theory? How do users take decisions under risk?

Greed and Fear are two of the most common, severe emotions found in any human being. When we are guided by greed or fear in times of uncertainty, making decisions can sometimes be a real challenge. For example, have you ever noticed that most of the people do not invest when markets are going down? Do you know why? Yes, you are right. That's because of their fear. 

Continue Reading about 3 years ago
What is Behavioral Finance and how does it affect your Financial decisions?
Investor's Psychology

What is Behavioral Finance and how does it affect your Financial decisions?

After reading this blog's title, you might feel that "behaviour" and "finance" are two different things. How can they be interlinked in the same phrase?

Continue Reading about 3 years ago
How do psychological biases affect us?
Invest

How do psychological biases affect us?

Mental biases refer to having a biased perspective in seeing things around. Such psychological biases influence our thought process profoundly as our thoughts are based on our perception. Moreover, It is our thoughts which shape up our beliefs and our behaviour in our day to day lives.

Continue Reading about 5 years ago