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
Fear of missing out is defined on Wikipedia as “a pervasive apprehension that others might be having rewarding experiences from which one is absent”. This social anxiety is characterized by “a desire to stay continually connected with what others are doing”.
Before I started writing this blog I thought it was just a cultural term that’s become popular but on reading a bit more about it, I realized that is an actual social anxiety and can become a serious threat to psychological stability of people.
I started my work career by doing an Intern at IBM. I definitely learned a lot on that role but that wasn’t really my first job. It was always going to be a short role with a fixed end date, so it always felt incomplete, like I didn’t belong. The first company where I joined for a full time role was Cisco but again that wasn’t really a job. I didn’t do a lot there, neither in terms of work nor in terms of achievement. For me looking back at Cisco brings fond memories of hanging out in a cafeteria, making some good friends and (of course) getting paid. I never talk of Cisco as my first job since I didn’t really work there. I left Cisco after 6-7 months so I didn’t really feel any emotion leaving or had strong bonds with my team etc.