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Daniel Kahneman, who passed away on 27 March at the age of 90, told us that our ability to make good decisions is not as easy as it appears. We rely too much on intuition for decisions that need deep and analytical thinking. Nowhere is this more apparent than in the process of making financial decisions. Here are the six mistakes Kahneman points out that can help investors avoid big money losses. 1.The Halo Effect The tendency to like everything about a person/management towards which investors have an affinity. A prime example is Asian Paints, a company that has been the darling of fund managers who look at ‘quality’ as their biggest parameter. These are companies that have high price-to-earnings (PE) ratios, but have built a ‘halo effect’, which basically states that irrespective of their valuations, these stocks will continue to give high returns. Over the past one year, the Asian Paints share has moved up by only 2%, against 30% rise in the Nifty. Even on a fiveyear basis, Asian Paints has lagged the Nifty. While the Nifty 50 rose 92%, Asian Paints rose 90%. The company had a PE ratio of 98x in 2021-22, which has now come down to almost 50x.

(This story originally appeared in on Mar 27, 2024)

Quantitative approach: Rather than depending on intuition or conventional financial analysis, Shaw utilizes sophisticated mathematical models and algorithms to inform his trading decisions. D. E.

private spaceship on the Moon has met its ultimate end after failing to «wake up,» the company that built it said. Houston-based Intuitive Machines said late Saturday that the lander, named Odysseus, had not phoned home this week when its solar panels were projected to receive enough sunlight to turn on its radio.

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Stocks that traded heavily or had substantial price changes on Friday: Adobe, Ulta Beauty fall; Madrigal, Intuitive Surgical rise

India’s electricity consumption is growing at nearly 9% per year, faster than real gross domestic product (GDP). That is understandable, since economic growth involves rapid urbanization, which is electricity- intensive. It is also possible that in the near-term, GDP growth has higher energy intensity beyond electricity.

Sora has emerged as a strong contender among video generation tools, potentially setting a new standard in the field. Despite the buzz generated by Sora, it has yet to be made available to the general public. However, OpenAI's Chief Technology Officer, Mira Murati, hinted at an impending change during an interview with The Wall Street Journal.

Apple Vision Pro headset, reported the Metro. Acting as a crucial support, the nurse utilized the headset to navigate through the intricacies of the surgery, ensuring adherence to the correct surgical protocols and facilitating the precise selection of tools required for the task at hand. According to insights from a report by Metro, the scrub nurse, tasked with the meticulous preparation of instruments and equipment, integrated the use of Vision Pro into the surgical workflow.

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By Joey Roulette and Steve Gorman

The first U.S. spacecraft to land on the moon since the Apollo astronauts has fallen silent, a week after breaking a leg and tipping over near the lunar south pole

By Joey Roulette

The first private U.S. spacecraft to land on the moon broke a leg at touchdown before falling over

U.S. spacecraft to land on the moon broke a leg at touchdown before falling over, and had just a few hours of power left before its anticipated premature shutdown Wednesday night. Intuitive Machines, the company that built the lander, released new photos Wednesday, six days after the landing, that showed at least one broken leg on the six-legged spacecraft. The lander came in too fast, skidded and tumbled over as it touched down near the moon's south pole last Thursday, hampering communications and power. It was supposed to operate for at least a week. CEO Steve Altemus said the lander, named Odysseus, was still generating solar power even though it was on its side. Later Wednesday, he said, flight controllers would «tuck Odie in for the cold night of the moon» so in three weeks, once lunar night lifts, they can try to regain contact.

(Reuters) -The Odysseus moon lander continues to generate solar power, allowing flight controllers to gather data from the south pole region, Intuitive Machines said on Wednesday.

By Steve Gorman and Joey Roulette

space startups has spiked after Intuitive Machines became the first private firm to successfully land a spacecraft on the moon, in the first U.S. touchdown on the lunar surface in more than half a century. Though the lander tipped sideways on the lunar surface, the company is likely to complete its mission and prove the capabilities of such startups.

(Reuters) — Interest in space startups has spiked after Intuitive Machines became the first private firm to successfully land a spacecraft on the moon, in the first U.S. touchdown on the lunar surface in more than half a century.

A private lunar lander is expected to cease operations Tuesday, its mission cut short after landing sideways near the south pole of the moon