Really worth going through the whole interview:
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Why relying on GDP will destroy the world-Video
“The longer our obsession with GDP goes on, the longer the issues that really matter to people across the globe will continue to go ignored,” Mr Green said. “It’s not a measure of our well-being and it shouldn’t be a guide to all decision making.”
GDP was introduced as a concept in the 1930s by the economist Simon Kuznets, who warned at the time that “the welfare of a nation can… scarcely be inferred from a measurement of a national income”such as GDP. He later pointed out that there are distinctions between quantity and quality of growth, and between short term and long term goals.
“But we have ignored Kusnets’ warning,” said Mr Green, and we now talk about GDP as if it were “handed down from God on tablets of stone”. But major institutions are now weighing in with alternative measures of growth.
Daniel Kahneman in Conversation with Michael Mauboussin on Intuition, Causality, Loss Aversion and More- vIDEO
Long Term Capital Management; Never Goes Out of Style!
I recommend this video [see video below] about LTCM. Very interesting. (related to risk management and black swan events).
LEGO®: One of My Biggest Influences ( Don't Miss To Watch Video )
As The LEGO Group celebrates its 80th Birthday…a look back:
Happy Teachers Day
Dr. Sarvepalli Radhakrishnan’s birth Anniversary September 5 is being celebrated as Teachers Day. September 5 is special day to pay respect to our teachers. Teachers Day is the only occasion when we remember the time spent with our teacher, what they taught and what we are today.
The day is also significant for all of us as we remember a great teacher, philosopher and statesman, Dr. S. Radhakrishnan, whose birth anniversary falls on this day.
Dr. Sarvepalli Radhakrishnan was born on Sept 5, 1888 into a middle class family in Tamil Nadu. He was the first Vice President of India.
Dr. Radhakrishnan was regarded as great teacher. (more…)
The Luckiest People On Earth
Famous Quotes Adapted To Trading
Instead of Watching Cricket Match ,TV Serials ,Movies…Just sit and watch this VIDEO
Technically Yours/Aniurdh Sethi Report/Baroda
Sun Tzu – The Art of War Explained In 5 Minutes
The Art of War is the most influential treatise on war ever written, consisting of 13 chapters each of which is devoted to one aspect of warfare, it has shaped the way in which conflicts have been fought for thousands of years from the Japanese samurai to the Napoleonic war. Not only has the book influenced military commanders and generals all over the world, it has had resounding effects on politics, sports and business to this day.
In this video we give key examples of Sun Tzu’s most influential philosophies and strategies. These range from the Vietnam war to the coasts of Normandy in 1944.