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Showing posts from May, 2010

Intentions & Destiny

Your intentions influence your destiny. - Ralph Abraham

You are Not Perfect and that is Good for You

My friend, Arun Chaba, recently gave a brilliant speech on Evolution & Human Behavior. The speech was titled, "All is Well". Following is the transcript: A friend of mine was about to become a daddy. For whatever reasons, his wife insisted that she wanted to have the baby born in her home town, where her mother would be around. My friend didn't want so. This was the cause of a serious conflict between them. A few months later, I read somewhere that humans are one of the few mammals who cannot have babies throughout their lives. About one third of their lives, human female cannot produce babies. During this time, because a woman doesn’t have to worry about producing and taking care of her own babies, she can concentrate on the well being of babies of her daughter and the chances of survival of new born babies multiply. This has given humans an evolutionary advantage. This phenomenon is called grandmother hypothesis and was first given by GC Williams in 1960s

Man and Yoga

A man who understands yoga and practices it everyday, is never unhappy.

Latest Wisdom from Charlie Munger

There are two big events I look forward to every year- Berkshire Hathaway shareholder meeting -Warren Buffett and Charlie Munger talk- and Wesco Financial shareholder meeting- Charlie Munger talk. This year, I could only attend the Berkshire Hathaway event . However, thanks to The Motley Fool & my friend Shrinivas, the notes from the Wesco meeting are available online. See http://www.fool.com/investing/value/2010/05/07/charlie-mungers-thoughts-on-just-about-everything.aspx Enjoy.

Unifying Theory of Success and Other Learnings from Charlie Munger & Warren Buffett

Among 40,000 people, I paid homage to Charlie Munger and Warren Buffett in Omaha, Nebraska last weekend at the Berkshire Hathaway 2010 shareholder meeting. Imagine 40,000 people traveling from all over the world to attend a shareholder meeting. Unbelievable! Just like previous meetings , this one was a lot of fun. See the notes below: 1. Warren Buffett's message to all Berkshire Hathaway (BH) employees, " Lose money for the the firm and I'll be understanding. Lose a shred of reputation and I'll be ruthless." 2. Make Decisions based on the opportunity cost. Applying this lesson to finding a life partner, "marry the best who will have you." 3. The secret of Warren Buffett and Charlie Munger brilliance is avoiding stupidity. 4. Comcast executive, Steve Burke, has joined the board of BH [think about the diversity on BH board] 5. BH doesn't care about EPS (Earnings Per Share). It is focused on building value. 6. Measuring EBIDTA Quarter over Quarter

The Message & the Medium

Is it possible for the medium not to influence the message?