Indian Express: “At the core of [Pulak] Prasad’s philosophy is a simple idea: avoid harm, choose carefully, and let time do the work. His investing lens is shaped by Charles Darwin, not stock market cycles. And this mindset holds lessons for every retail investor, especially those who want to grow wealth steadily, with clarity and patience.”
Economist: “If you could invent something to fulfill an economist’s dream, it would look an awful lot like a prediction market. A world where every uncertain future can be priced, hedged and insured against? Kenneth Arrow and Gérard Debreu would approve. A market mechanism to co-ordinate the decentralised wisdom of crowds, ensuring the accuracy of such prices? Adam Smith and Friedrich Hayek sought just that. In recent years, the fantasy has crept closer to reality. Platforms that allow users to speculate on current affairs and more have seen remarkable surges in volume and visibility…Yet despite having proved their worth as a way to discover information, prediction markets have further to go when it comes to fulfilling their full economic promise. That is true both in their ability to help financial institutions hedge and share risk, and as a meaningful addition to capital markets.”
FT: “Think of a discount rate as the interest you must pay for the fact that most of a company’s cash flows don’t come to you immediately. So it makes sense it would be higher the risker a business is. This is an oversimplification, of course. Just look up an average for the sector and use that. PEs, modified PEs, and a basic discounted cash flow model. Pretty much all most retail investors will ever need.”
Simon Willison: “The term context engineering has recently started to gain traction as a better alternative to prompt engineering.”
