Antifragile by Nassim Nicholas Taleb (Book Recommendation)

If The Intelligent Investor by Benjamin Graham is the first completed book for 2013. This one is the first for 2014. Antifragile: Things that gain from disorder by Nassim Nicholas Taleb is truly a thought provoking book. Ever since I read The Black Swan, I believed that the extremistan truly ruled the world. This book exposed 3 sets of personality, the fragile, that breaks and fall upon encountering black swans. The robust that demonstrates resiliency when faced with black swans. And the antifragile that gains from black swans. The journey with the book revealed the pitfalls of large economies and corporations and the recommendations how to be antifragile. Few of my favorites includes the barbell strategy and the skin to the game concepts. Embrace uncertainty, randomness and error... It may just change our lives.

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Pixar’s Inside Out and the Stock Market

After watching the latest animation movie from Pixar, several thoughts came to my mind and these are few of those. The characters resemble the emotions we put when investing specially in stocks. The following article contains spoilers for those who haven’t watch the movie. "Inside Out Review!" by AntMan3001 is licensed under CC BY-SA 2.0 Joy Joy is the first thought that will come, as we are new in the stock market, we are excited to buy our first pick. Aiming to have our initial gain, our first share of dividends, our goals instantly pop out from our minds associated with those investments when target appreciation was realized. We are always eager to check the news regarding our picks, their projects, income, and rumors and disclosures. Sadness We waited days, months, years, checking portfolio with hitting some buy and sell transactions. We realized that it is not easy. We gain some, we lose some. We hit some curved balls for a ...

Thinking Fast and Slow by Daniel Kahneman (Book Recommendation)

"Thinking Fast and Slow" by Daniel Kahneman introduced two fictitious characters in this book, the intuitive system 1, which does the fast thinking, and the effortful and slower system 2, which does the slow thinking, monitors system 1, and maintains control as best it can within its limited resources. Kahneman presented the use and limitations of each system thru research and experiments. System 1 reminds us of the Gladwell's "Blink" and their limitations touches by Taleb's "The Black Swan". It took me long time to finish this book to absorb the essence of each chapter especially in economics, risk management, and investments.

HMO, Health Insurance, and Hybrid Medical Plan

The COVID-19 pandemic crisis may have few positive impact in our lives and one of those is awareness to health. Health is wealth as sickness can drain wealth or worst lead to untimely demise.Sickness can have a factor of protection and prevention which involves the topics of immunity, lifestyle, stress, environment, vitamins, diet, genes, and exercise. Due to vast origin and complex human nature we cannot escape facing illnesses at least few times in our lives. When we got sick, we usually go through different stages. Diagnosis, wherein we go to a physician for checkup. In this stage there are also specialized equipment and tools necessary to determine the cause of our sickness. After proper diagnosis, the doctors would then recommend medicines or treatment procedures to cure our sickness until recovery. Each of the stages during diagnosis, treatment, and recovery requires substantial amount of money depending on the nature of illnesses. Oftentimes, it is difficult to face illness...

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