The 14th part of the Series is “Current Temptation, future frustration”. This series is based on the companies which are currently darling of the market and many trying to catch such opportunities but it has a probability to become a reason for future frustration. It can wipe out the majority of gains in wealth. I am trying to put some of the number-crunching facts by which we can identify ongoing issues in the companies and can save our wealth. I am starting this article with one of the company which is engaged in the business of Solar consulting & EPC have a 52 weeks low price of Rs.296 ..read more

There are lots of corporate announcements made by the Indian listed companies. Tracking all announcements becomes a difficult task for us. I am starting with special situation announcements (Buyback, Demerger, Divestment, Open offer, Delist, etc.) from various listed companies. I am tracking it all manually so asking for forgiveness if I have missed any of the announcements. Disclosure – Companies mentioned in the article are just information. It is not a buy/sell/ hold recommendation ..read more

Whirlpool of India, an Indian subsidiary of global kitchen and laundry company – Whirlpool Corporation. The company is one of the leading manufacturers and marketers of major home appliances in the country. It operates three state-of-the-art manufacturing facilities at Faridabad, Puducherry, and Pune. Apart from the Indian market, the company also serves other countries such as SAARC and ASEAN countries. In FY22, exports accounted for ~5% of revenues. Whirlpool of India – Report ..read more

Many times, we have to choose some options and that option seems to be free of cost. This is an illusion, however. They also come at a price, but the price tag is often hidden and intangible: each decision costs mental energy and eats up precious time for thinking and living. We want to achieve everything and that ended up with nothing to us. Sometimes we need to learn to say no to the majority of things. Investment – When we do not have an investment process then we like every stock and feel regret when we missed any. When we prepare a process, we show readiness to say no to the majority of t ..read more

Money is money after all. But we don’t see it that way. Depending on how we get it, we treat it differently. Money is not naked; it is wrapped in an emotional shroud. We treat money differently which means we have received it. If we get it through working hard, we keep it secure and make expenses carefully. And if we get it through gambling, we take more risks. It leads us to take bigger risks; for this reason, many lottery winners end up worse off after they’ve cashed in their winnings. Many businesses give something free to customers and due to that free coupon, people rush to buy more. Be c ..read more

We get more attention to what we hear, observe, and talk about first, and that work as a belief creator among us. This bias is known as the primacy effect. That’s defined by the well-known saying – “first impression is the last impression”. The primacy effect is not always the culprit; the contrasting recency effect matters as well. The more recent the information, the better we remember it. This occurs because our short-term memory file drawer, as it were, contains very little extra space. When a new piece of information gets filed, an older piece of information is discarded to make room. Inv ..read more

The fear of regret can make us behave irrationally. To dodge the terrible feeling in the pits of our stomachs, we tend to act conservatively, so as not to deviate from the crowd too much. When he/she refuses to make any decision because of the fear that the decision will turn out to be wrong and then may later lead to feelings of regret. The emotional process behind this is pretty simple. Regret causes emotional pain. Hence, the brain tries to avoid making decisions that cause regret. Regret is an emotion, and it is also a punishment that we administer to ourselves. The fear of regret is a fac ..read more

If we get any information then we might not remember the source of information for a longer time but we have that information remaining in our memory. We keep believing in it. Solutions for getting saved from sleeper effects are – First, don’t accept any unsolicited advice, even if it seems well-meant. Doing so, you protect yourself to a certain degree from manipulation. Second, avoid ad-contaminated sources like the plague. How fortunate we are that books are (still) ad-free! Third, try to remember the source of every argument you encounter. Investment – When we read something about a particu ..read more

When we think too much, our mind left our wise emotions. Not all our emotions are irrational, some help us to process rational thought. Overthinking makes people think that they are working on a problem, but not only does overthinking not produce solutions, but it also exacerbates the problem. All that thinking takes up time and energy individuals could spend fixing the problem. Overthinking is less likely to take action on a possible solution, makes them more pessimistic about the future, and pretty much guarantees a bad mood. It will forcefully drop us into the depression. It undermines your ..read more

Procrastination is the tendency to delay unpleasant but important acts: the arduous trek to the gym, switching to a cheaper insurance policy, and writing thank-you letters. Even New Year’s resolutions won’t help you here. When we keep self-control, it uses our Willpower, and willpower to get depleted over some time so that after using lots of willpower, it will become difficult for us to perform a mental task that requires huge mental efforts. We have to keep saving ourselves from energy-drained distractions so that we can put proper effort into the necessary things. “While we waste our time h ..read more