The concept of a “Loser’s Game” is an essential mental model in the investment and business world. It describes a situation where success is achieved not by winning, but by avoiding mistakes….
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!
Understanding Complex Adaptive Systems: A Journey through History, Examples, and Case Studies
Complex Adaptive Systems (CAS) is a captivating mental model used to comprehend the dynamic and unpredictable behavior of various phenomena in nature, society, and even business. Rooted in numerous disciplines such as…
Understanding Gresham’s Law: A Deep Dive into the Efficacy of the Economic Model
Gresham’s Law is an economic principle that essentially states, “bad money drives out good”. The principle is named after Sir Thomas Gresham, a financial advisor to Queen Elizabeth I of England. It’s…
Understanding the Mental Model of the Pari-Mutuel System
The Pari-Mutuel System is a betting model that has grown in popularity since its inception in 19th-century France. It was first introduced by Joseph Oller, who used it as the basis for…
Unveiling Simplicity: The Sharpness of Occam’s Razor
A mental model is a conceptual framework or lens through which we see and understand the world. One of the most famous and widely employed mental models is known as “Occam’s Razor”….
Bayes’ Theorem: Unraveling the Foundations of Probability and Inference
In the realm of statistics and probability theory, few concepts have had a profound impact on understanding uncertainty and making informed decisions like Bayes’ Theorem. Named after the 18th-century English mathematician and…
The Mathew Effect: Unraveling the Dynamics of Success and Its Consequences
The Mathew Effect, also known as the “Matthew Effect,” is a psychological and sociological concept that explains how advantages and disadvantages tend to accumulate over time, leading to a widening gap between…
Understanding and Applying the Kantian Fairness Tendency: A Thorough Analysis
In the fascinating labyrinth of cognitive biases and mental models, the “Kantian Fairness Tendency” shines through with its practical and philosophical depth. Named after the celebrated 18th-century German philosopher Immanuel Kant, this…
Mental Accounting: Understanding Behavioral Economics and Decision Making
“Mental accounting matters,” stated Richard Thaler, a Nobel laureate economist, in his foundational work on the subject. Mental accounting is a concept in behavioral economics, proposing that individuals classify personal funds differently…
The Framing Effect: Influencing Perception and Decisions in Equity Investing
“In the perception of the world around us, the mind is not a mere mirror, reflecting reality accurately. It is more like a prism, refracting the incoming rays and thereby creating a…