Bhuvan

Ooh, that looks interesting!

  • Me
  • Twitter
    • Institutional investors are just as stupid as retail investors

      Institutional investors are just as stupid as retail investors

      One of the oldest clichés in finance is that retail investors are “dumb money” and institutional investors are “smart money.” There’s some truth to the cliché. Retail investors do all sorts of silly things. They are too optimistic, trade their pants off, take unnecessary risks, buy shiny objects, chase performance, form cults, cause market mispricing, […]

      bebhuvan

      November 6, 2022
      Musings
      Institutional investors, Manager selection, Retail investors
    • No, it isn’t

      Bill Burr is one of my favourite stand-up comedians and also someone you can easily relate to. At the 2014 all-star tribute to Don Rickles—another one of my favourite comedians—Jerry Seinfeld who was hosting, started the night by saying: On the Mount Rushmore of stand up comedy there are four faces in my opinion: Richard […]

      bebhuvan

      October 8, 2022
      A little less dumb
    • Revolution in a box: The extraordinary story of the ordinary shipping container

      Can you think of some of the greatest inventions and innovations in human history? 90% I’m sure you thought about things like the printing press, steam engine, and electricity. Sure, these innovations permanently altered the course of human progress. But what if I told a simple box was just as consequential in tilting the arc […]

      bebhuvan

      September 24, 2022
      A little less dumb
    • Dear fintechs, please stop hurting India

      Sometime in the last decade, software is eating the world became fintech is eating the world. The term “fintech” is a portmanteau of “finance” and “technology” and was coined in the 1990s but became popular after 2010. It’s a catchall term for companies that use technology to deliver better financial service experiences. In popular discourse, the […]

      bebhuvan

      July 10, 2022
      A little less dumb
      fintech, lending
    • So long, and thanks for all the fish

      The relative calm of 2021 feels like yesterday to me. Sure, we had a virus that was hellbent on killing us, but most of us had made peace with our impending deaths. After a while, the biggest worry for most people was getting caught on a video call wearing a suit without pants. Good times. […]

      bebhuvan

      June 19, 2022
      A little less dumb
      2008 global financial crisis, monetary policy, quantitative easing, shadow banking
    • The boy who cried wolf about an emerging markets sovereign and corporate debt crisis

      These are good times for all those who’ve been crying wolf about market crashes and economic crises for the past couple of decades. It just took two decades, but it seems like most of those apocalyptic predictions are partially starting to come true. The Weimar Republic people had been crying wolf about inflation since 2008. […]

      bebhuvan

      April 29, 2022
      A little less dumb
    • What’s old is new again

      A few things that made me go, ooh, that’s interesting. What’s old is new again The Lindy Effect is this notion that the longer something survives, the less likely it is to die. When it comes to frauds, pump and dump schemes are Lindy. Pump and dump schemes have been going strong for over 400+ years since the […]

      bebhuvan

      April 16, 2022
      odds and ends
    • SPACtacular

      A few things I learned this week. The post-2008 period was like a rave party for the financial markets. The central banks around the world had the hottest parties with cheap tickets, booze, and food. The parties were all the rage for well over a decade. But, it was 5 AM in 2020, and the […]

      bebhuvan

      April 10, 2022
      odds and ends
    • Yield curve meets Munger

      Here’s what I learned this week. One thing is that I’m going to be poor, but here are a few other things. Charlie Munger famously said, “There are all kinds of tricks that I just got into by accident in life. One is to invert all the time.” Looks like the US bond yield curves […]

      bebhuvan

      April 2, 2022
      odds and ends
    • Making sense of the Russia-Ukraine conflict

      If you had the power to bring back someone from the dead, who would it be? I’m guessing a dear one, favorite actor, musician? Not me. I’d bring back that Chinese guy who cast this curse: May you live in interesting times! Not because I like the dude. No! It’s because I want the pleasure, […]

      bebhuvan

      March 13, 2022
      A little less dumb
    1 2
    Next Page→

    Proudly Powered by WordPress