The Feynman Technique is a learning strategy named after the famous physicist Richard Feynman. Known for his work in quantum mechanics and his exceptional ability to explain complex topics in simple terms,…
Author: Finance Infopedia
Hello,
I'm Ashlin Joby Thekkan, hailing from the enchanting state of Kerala, India. For the past decade, I've immersed myself in the domains of personal finance management and equity investing, acquiring significant expertise in these fields.
During this journey, I discovered a concerning gap in financial literacy, affecting even those with advanced education. This realization spurred a desire to bridge this gap and guide others toward sound financial decisions.
Motivated by this goal, I turned to blogging as the ideal platform to connect with a wide audience. Thus, Finance Infopedia was born—a dedicated space where I simplify complex financial concepts and offer actionable insights.
Through Finance Infopedia, my mission is to make financial wisdom accessible to all, regardless of background or education. I invite you to join me on this exciting journey as we work together to achieve financial literacy and success!
The Power of Switching Costs: Understanding the Mental Model and Its Impact on Decision-Making
In the realm of economics and consumer behavior, the concept of “Switching Costs” plays a pivotal role in understanding how individuals make decisions. Switching costs refer to the expenses, both tangible and…
Network Effects: A Comprehensive Understanding
Network Effects, a term often used in economics and technology, refers to the phenomenon where the value or utility a user derives from a good or service depends on the number of…
Understanding the Mental Model of “Float”: A Powerful Concept for Personal Growth
The human mind is an intricate web of interconnected thoughts and beliefs. Our mental models shape how we perceive and interpret the world around us. One such powerful mental model is the…
The Art of Arbitrage: A Comprehensive Exploration of the Mental Model
In the realm of economics, finance, and decision-making, the concept of arbitrage plays a crucial role. Arbitrage is a powerful mental model that allows individuals to capitalize on price disparities or inefficiencies…
Surfing: A Mental Model for Navigating Complexity
The mental model of “surfing” may not be as well-known as some other cognitive tools like Occam’s Razor or the Pareto Principle, but it offers a compelling framework for understanding and navigating…
The Mental Model of Redundancy: Enhancing Resilience and Efficiency
In the complex web of human cognition, mental models serve as powerful tools that aid our understanding of the world and decision-making processes. One such indispensable mental model is “Redundancy.” Redundancy refers…
Critical Mass: A Key Mental Model for Understanding Thresholds
Critical mass is a concept often used in physics, but it has evolved into a powerful mental model with broad applications in various fields. It can be leveraged to understand thresholds, tipping…
The Theory of Constraints: A Comprehensive Guide
The Theory of Constraints (TOC) is a powerful management paradigm that helps organizations identify the most serious obstacles to achieving a goal, and then systematically improving that constraint until it’s no longer…
The Mental Model of Inversion: A Detailed Exploration
The mental model of inversion is a powerful thinking tool that can transform how we approach problems and decisions. By analyzing a situation from a different angle, the inverted perspective offers fresh…