Lovely paper showing how algorithms dramatically improve decision-making in criminal justice, healthcare & education "Human judgment is typically such a low bar that it is easy for algorithms to soar over it." 🤐 nber.org/papers/w32125

Haruki Murakami, to differentiate yourself, read obscurely

Never attempt to reason with people who know they are right!

Fund Manager Rukun Tarachandani talks about how real estate developers have chosen an asset light approach & shares his observations about global & Indian property developers. PPFAS Mutual Fund FOF

A life of agency will be rewarded

Very Interesting Paper: Index fund investors may be losing out due to how indices rebalance. Indices mechanically buy when firms sell shares and sell when firms buy back—leading to adverse selection costs. papers.ssrn.com/sol3/papers.cf…

During last month's Financial Opportunities Forum, Fund Manager Rukun Tarachandani explored how the business model of U.S. homebuilders has moved towards the asset-light model. #realestate #USA youtu.be/RZl9IJ0wnsU

"It ain't what you don't know that gets you into trouble. It's what you know for sure that just ain't so." - Mark Twain

Before jumping into a very competitive game I think you should look at the winners of that game and decide if you want to be like them first

🔥 New paper! We show GPT‑4o can perfectly recall tons of econ & market data inside its training window—so those glossy “LLM beats Wall St.” back‑tests may just be parroted history. Yuehua Tang The Memorization Problem: Can We Trust LLMs' Economic Forecasts?

A packed audience for this month’s FOF, where Fund Manager Raj Mehta is giving us a comprehensive overview of the Indian Stationery and Art Materials industry! PPFAS Mutual Fund FOF

"I spend more time looking at balance sheets than income statements," says Buffett. It's harder to play games with numbers on there. "You learn more from balance sheets than most people give them credit for."

Attracting and Retaining the best human talent is one of the least appreciated competitive advantages of organizations!

This is a black-and-white photo; only the lines have color. 😲 Great illustration of a general truth: Your perceptual system fills in the gaps in the incomplete data from your senses. [Link below.]

Study your wins with the same critical eye you apply to your losses. Stay hungry, avoid complacency.

The multiplier effect

Completely agree with this.Especially when using these models/tools for research/search purposes we need to keep in mind that they'll most likely find confirming evidence for the hypothesis given to them.I generally prompt them to find both confirming and disconfirming evidence.

7/ In this interview, Rukun Tarachandani, Fund Manager at PPFAS Mutual Fund Mutual Fund, explains why valuations still look stretched, how bottom-up investing drives everything from stock picks to cash levels and what makes PPFAS’s dynamic and arbitrage funds different from the crowd.