Investment - Abhishek Chakraborty

Black Swan Bias: Rare Events Don’t Happen Everyday

There’s wisdom in the saying, “Lightning never strikes (the same place) twice.” Black Swan events maybe rare but the distortions caused by them don’t disappear for a long time.

Success Comes With a Price Tag

Like everything, even success comes with a price tag. The key is figuring out what that price is and being willing to pay it. The problem however is that the price of a lot of things is not obvious (or remain hidden) till the very end.

Smart People Should Disagree With You

Being contrarian is often critical to the process of becoming massively valuable. If you can bet on something that nobody agrees with, and win, there’s nothing like it. I’ve written on this topic at length, but turns out that wasn’t enough. It’s still easily misunderstood, which is a shame.

That One Quality of a Good Decision Maker

A startup that has been in business for about two years, and that is growing pretty well, has just been offered a billion dollars. The twenty-something founder, after considering the offer long and hard, refuses to pass.

What Games are You Playing?

We call everyone who invests money “investors” like they are cricket players. When you realise how wrong that notion is, you see how vital it is to identify what game you’re playing.

Compound Thinking: How to Make Time Work For You

When we plan to improve ourselves or grow a business, we pursue dramatic changes like, run 10 km everyday, or grow 10x a month. It’s not sustainable. There’s a better approach.

Conformity: Why Everything Popular is Wrong

No matter how rational you are, consensus is hard to resist. Even if you choose to stick to your guns in the beginning, you are bound to capitulate at the end. It’s hard to look like a bozo for a long time, especially when you are the only bozo in the room.

How to Make Money by Building Something Bragworthy

Instead of USP, focus on UBP i.e., your Unique Bragworthy Proposition. When you make a product or service that is significantly better and far more efficient, your users brag about it to others thereby becoming your biggest evangelists.