Lately, everything I look at is going up. I look at stocks of tech companies in US and they are going up. I look at various stock market exchange indexes and they are going up, both in India and in US at least. Crypto-currencies are going up for the last year or so. And not just up, some of these assets are going up in a crazy fashion, doubling 10x in a year. It was becoming hard for me to even understand what I was doing and made investing even more risky.
For a long period of time, until recently, I used to believe that net result of every transaction is 0. If you are spending money, someone is earning money. So if you make money in the stock market, someone should be losing money. That is what the conventional wisdom in my head said. Continue reading
About a month ago I got a chance to read a very interesting book called Sapiens. It was written by a historian and it was one of the most thought provoking books I have had a chance to read. I rarely read non-fiction but history interests me somewhat. This book was more of a mashup between human history and psychology. It’s goal in a way was to write an unbiased history of the Homo genus, more specifically the Homo sapiens species. That, btw, is modern human beings
What really caught my attention was a very obscure fact. The brain matter of another human species, Neanderthals, was bigger than homo sapiens. Yet that specie died out and never developed civilization and sophisticated tools etc. For all of my life, I had assumed that humans are special because we have more brain matter. However I was clearly wrong.
We live in troubled times. Maybe not all of us but most of us can sense the growing distrust among people. It may be Europe which has been devastated by multiple attacks recently or the war ravaged middle east. And more recently the feeling of distrust has been growing here at home in USA.
I am completely in agreement that these attacks and wars are devastating for everyone. I also believe that these attacks need to stop. I just don’t agree with the methodology we have started adopting around this. We are starting to close our doors (and our hearts) to people. We believe this will stop the next attack or the next war.
Let me give you a simple anecdote: Gun violence kills more than 100 times people as terrorism within US and against US citizens abroad kill. Have we banned the guns yet?