This is not a full post. Just a quick note that connects some of the other recent posts for a broader picture. If we look at the late 1980s through early 2000s in the US, the small cap to mid-cap stocks did not do so poorly, often beating the larger stocks in price appreciation (trackedContinue reading “The Struggle of small/midcaps”
Author Archives: jjk7
The Ground Rules of Fiscal Policy
The Ground Rules The way fiscal policy works is with the following ground rules: (i) Interest rates cannot be significantly lower than inflation in a stable economy unless the bank works to limit or choke the money supply. Constraining credit or money supply is never good for an economy. But why can’t interest rates beContinue reading “The Ground Rules of Fiscal Policy”
The Valuation Game 101
The Valuation Game Read the valuation formula post for a more concise treatement using equations. But conceptually, the below should be the same. Without further ado, A company’s share price appreciation comes from three sources: (i) Lower expected rate of return for the same earnings. A 100$ recurring consistent quarterly earning is worth only $10,000Continue reading “The Valuation Game 101”
Rise of Index Funds & the Legend of Bogle
After the passing of Jack Bogle in 2019, the legendary founder of Vanguard index funds, it only seems fitting to address this topic here. The dual prongs of compounded costs in investing and the low chance of beating the market are the true merits of the index fund. An index fund does not seek toContinue reading “Rise of Index Funds & the Legend of Bogle”
What is the Stock Market 101
The very initial phase I like to start a blog post with the very fundamentals because the simpler your ideas, the easier it is to get started. Feel free to skip down lower if this is too obvious. So what are shares and what do companies do? Companies make money by engaging in business activitiesContinue reading “What is the Stock Market 101”
Hamilton’s Quaternions
Quaternions are generalized complex numbers that enable rotations in 3D rather than in just a complex plane. The complex number i is replaced by a general vector v which can be expressed in a 3D orthogonal basis i,j,k. The rules are defined as ijk=-1 and any basis squared is also minus one, like ordinary complexContinue reading “Hamilton’s Quaternions”
The Journey Begins
I am Jubal, I love math, physics and cars!! I started this blog as I wanted to share my knowledge and foster discussion on these topics. Intermittently, the blog might digress to other topics like finance. Enjoy, more is yet to come! Have fun.
Cars and Physics 