Advice or Accomplice There is a very important question you need to ask yourself when you visit with a financial consultant — are you seeking advice? Of course, you may say. But many times you are not really looking for advice but an accomplice. Sounds complex? Let us try to understand this. When I visit [...]

Frame Blindness Today we talk about something called frame blindness in decision making. When we set out to make a decision, we set up frames. Frames are simple structures that help us in understanding a complex reality. But a major pitfall of these could be “frame blindness”. The definition of frame blindness is setting out [...]

The Diversity Trinity Today we are talking about a very important aspect of financial investing – diversification. Diversification means using your financial resources in different areas. The Diversity Trinity explains how diversification can be achieved in financial investing. The Diversity Trinity is a simple yet powerful concept. The Diversity Trinity is essentially a triangle. At [...]