Zebu's News

Zeal to Read - Weekly newsletter

At Zebu we spend a lot of time reading news and articles that cover a wide range of topics, including investment analysis, psychology, technology, etc. We have been sharing our favorite reads with clients under our weekly Zeal to read
***** The most contrarian thing of all is not to oppose the crowd but to think for yourself. — Peter Thiel
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News you may use
A
fter Covid Dip, TV Advertising Volumes Grow 22% In 2021: BARC
Airlines line up new flights as govt allows regular international opsAt $632bn, India’s forex kitty 5th highest globally
Cabinet approves formation of National Land
Monetisation Corp for sale of surplus govt land, buildings
Central bank digital currency has seen rolling out this year: Finance minister Nirmala Sitharaman
Central PSUs achieve 80% of FY22 capex target by Feb-end
Current account deficit could breach 3% mark for first time in a decade: ICRA report
Data released by the National Statistical Office (NSO) on Friday showed the index of industrial production (IIP) rose an annual 1. 3% in January, from an upwardly revised 0. 7% in December.
Economic growth at 7.8%, oil price rise a dampener: S&P Global Ratings
Equity MFs log Rs 19,705-cr net inflow in Feb amid market volatility
Established Residential Realtors' Topline To Grow 35% In FY22: Report
Exports of Agri, processed food up 23% in April-January
For the fifth month in a row, the GST collections crossed Rs 1.3 lakh crore mark.
Economic growth at 7.8%, oil price rise a dampener: S&P Global Ratings
Equity MFs log Rs 19,705-cr net inflow in Feb amid market volatility
Established Residential Realtors' Topline To Grow 35% In FY22: Report
Exports of Agri, processed food up 23% in April-January
For the fifth month in a row, the GST collections crossed Rs 1.3 lakh crore mark.

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Views may be of use
43 Pieces of Advice From an Ancient Egyptian Vizier to His Son
Around the year 2350 BC, a man named Ptahhotep was vizier to the pharaoh of ancient Egypt. The vizier was the highest-ranking official in ancient Egyptian “government”, and usually the right-hand man of the pharaoh. Ptahhotep was therefore a successful man, entrusted by his king to bear a big part of the burden of running the country. Even almost 4500 years ago, Egyptian society was already sophisticated enough to have built the great pyramids of Giza. The government was busy. They were implementing large-scale architectural projects, they were administering the country’s judicial system, they were ensuring an adequate supply of food and water to its cities, and they were collecting taxes from Egypt’s citizens to keep the whole thing funded. It was a complex operation, and if the pharaoh appointed Ptahhotep to be the head of the organization, it meant that he was probably an individual who knew what to do and how to get it done.
Source:https://roadwithoutend.com/43-pieces-of-advice-from-an-ancient-egyptian-vizier-to-his-son-201fbff75a2b
A few basic questions
One way to revert to simple is to explicitly ask ourselves the most basic questions about how each of us thinks about investing. Each of us has an investment process that hopefully (a) gels with who we are, and (b) works over the long run. Revisiting tenets of that process can help clear the mind in murky times and strengthen conviction to act on the implications of that process.
Source:https://buggyhuman.substack.com/p/a-few-basic-questions?s=r 
Zeikel’s Rules
Act. Make decisions. No amount of information can remove all uncertainty. Have confidence in your moves. Better to be approximately right than precisely wrong. Take the long view. Don’t panic under short-term transitory developments. Stick to your plan. Prevent emotion from overtaking reason. Market timing generally doesn’t work. Recognize the rhythm of events. Remember the value of common sense. No system works all of the time. History is a guide, not a template.
Source:https://thereformedbroker.com/2022/03/08/zeikels-rules/
Mental time travel is a great decision-making tool — this is how to use it
That’s why an important element of imagination training is to fill your brain with what I call “clues to the future,” concrete examples of new ideas that might shape how your future turns out. When you have a hippocampus full of clues, your brain will have better data to draw on, and the scenes you construct will be way more interesting
Source:https://ideas.ted.com/mental-time-travel-is-a-great-decision-making-tool-this-is-how-to-use-it/ 
First Principles: The Building Blocks of True Knowledge
Reasoning from first principles allows us to step outside of history and conventional wisdom and see what is possible. When you really understand the principles at work, you can decide if the existing methods make sense. Often they don’t. Reasoning by first principles is useful when you are (1) doing something for the first time, (2) dealing with complexity, and (3) trying to understand a situation that you’re having problems with. In all of these areas, your thinking gets better when you stop making assumptions and you stop letting others frame the problem for you.
Source:https://fs.blog/first-principles/ 
 Naval Ravikant: 21 Staggering Insights About Wealth and Happiness from a Global Thought Leader
Comparison is not only the thief of joy, but it’s also always a feature of multi-player games, where you’re competing against everyone else. An internal game, however, would be something like raising a child to be the best person they could be, completing a marathon by yourself, or building a business that you’re proud of.
Source:https://medium.com/better-advice/naval-ravikant-21-staggering-insights-about-wealth-and-happiness-from-a-global-thought-leader-8321be4cd8e3 
10 Lessons I’ve Learned from 10 Years Pursuing Financial Independence
This driver for happiness is behind nearly everything we do. But figuring out what sort of life is going to be fulfilling and bring us purpose is a personal journey. The sooner you identify the key drivers of your happiness, the quicker you can start to plan out your ideal life. I know life sometimes feels really complicated and stressful but at the end of the day, we’re still just another animal on Earth whose needs and desires haven’t changed that much over the ~50,000 years we've been roaming around. In 1943 an American psychologist called Abraham Maslow published a paper called “A Theory of Human Motivation” which included the now very famous Maslow’s hierarchy of needs.
Source:https://www.aussiefirebug.com/10-lessons-ive-learned-from-10-years-pursuing-financial-independence/ 

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