A blog which periodically revisits evergreen investment principles!

Author: Raunak Onkar Page 2 of 8

Raunak Onkar heads the Research department at PPFAS Mutual Fund. He started his career at PPFAS as part of his internship during MBA.

He holds an MMS (Finance) degree from the University of Mumbai.

Fiction Therapy for Investors

There are many benefits of reading fiction.  Most of the productivity blogs / investing blogs I have read don’t offer much advice on how (or even why) to accommodate fiction in our lives. Apart from its entertainment value, fiction can be an effective tool to train our mind.

The future of a company, which we investors imagine today, is based on yesterday’s facts. It is in essence a matter of fiction. That’s what good fiction does. It provides us with a relationship between the facts. The narrative is just for us to absorb the trend a little better.

Thinking with Books #1

It’s an understatement to say that books have been instrumental in helping me to learn. Non Fiction Books not only provide some structure about the topic for the uninitiated reader but also provide an approach towards the topic.

Mistakes were made…

It’s always difficult to deal with mistakes even if they teach us the most about who we are & how we think. While running a diversified portfolio few one-off mistakes do get absorbed in the longer run but the mistakes still hurt.

from The New Yorker Magazine

Does your Chair have your back?

All of humanity’s problems stem from man’s inability to sit quietly in a room alone.

― Blaise Pascal

I have often marvelled at the simple logic of this statement. As investors we seem to value the importance of not doing anything, from time to time, but sitting in a room is easier said than done especially if the chair is uncomfortable. 

What we talk about when we talk about scale

“If the world operates as one big market, every employee will compete with every person anywhere in the world who is capable of doing the same job.”

– Andy Grove, High Output Management

One of the truly inspiring books for me personally, has been a non-fiction book written by the Japanese novelist Haruki Murakami. It’s called, What I talk about when I talk about running. It’s a very unique book. You can get a taste here in case you choose to skip reading the whole book.

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