Shaishab Pran Bora

     Hello everyone. Shaishab here. For the last few months I have been trying to get some concept of behavioral finance. It is one of the most important and vast portions of the equity market. Lots of concepts came under this behavioral finance like Sunk Cost Fallacy, Psychological Constraints, False Consensus Effect, Myopic Loss Aversion, Confirmation Trap, Peer Pressure Effect, Availability Heuristic and so on. I did not know much about this concept. Just trying to make a note on one of my favorite concepts so that after 10-20 years I can read it and evaluate my present thinking. It is one the biggest portion of the equity market. I did not know 1% of this, so I may be wrong in some portion. The main thing in behavioral finance is that, as Rakesh Jhunjhunwala said in 2012 in a lecture in Flame University “Behavioral Finance can not be taught, it has to be learned.”      Now comes to one of my favorite concepts of Behavioral Finance. Which is g...

    Yes, you read the title correctly, “In stock market wealth is directly proportional to Health.” Why Warren Buffet is one of the richest men in the world not only because of his wisdom, learning attitude or something else also because of his health. Only with proper health we can expect a long-life span and also, we can compound our wealth for a long long period.      Early this morning I got the news of the death of legendary investor Big bull of Indian equity market Rakesh Jhunjhunwala. He was a great guy with a big heart. He was one of the Indian investors to have faith in the Indian economy in the early 90’s and dream for the future and invest in India. He was one of my gurus in my journey in this equity market. Always thought retail investors to be rational, respect the market and most importantly to accept my mistake and learn from it.       On his 60’s birthday almost all Indian business media houses interviewed him. In...