When is it too late to start something? Today, I came across this guy called Lew Hollander, who At 82, finished the Hawaii Ironman and held that world record for a while. He has run more than 100 ultramarathons and extreme events. Today, at 94, Lew runs up a hill...

You must have heard a lot of wisdom along the lines of, "Here is what you should do in your 20s." Often, one hears things like: Learn aggressively, try things you are scared of, make mistakes Build relationships and network Explore ideas that seem interesting Have fun...

A Wharton professor, who taught us valuation, once told this story of Merton Miller, who won the Nobel Prize in Economics for his work on the Miller-Modigliani theorem. At that time, our professor was a student at the University of Chicago, where Miller was also...

A long time back, I was part of an online group of (supposedly) entrepreneurs and investors. About half the chatter in that group was about crypto but there was zero logic in the discussion. Some day people would exult when Bitcoin went up. On other days, they would...

I once was interviewing a professional investor who invests in power plants and infrastructure. But when I asked him "What is 1 kilowatt-hour?" he had no idea. Many people swim in the shallows. They make do by talking about high-level stuff, without really...

We hear two extreme philosophies of life. One says, "Spend less, own less, and be minimalistic. The other says, "Live it up, enjoy the luxuries, and have fun." So what should you do? While there can't be a prescriptive answer, let me lay out a framework to think about...

In this deafening clamor of notifications, pings, and rings, do you know the one thing nobody cares about? You. And your attention, your well-being. Nobody cares about your attention because you can always work late nights and get work done. Then why bother? We have...

On his desk in the Oval Office, US President Harry Truman famously had a wooden sign which said, "The buck stops here." No shifting responsibility, no passing around blame -- when the push came to shove, Truman promised finality. And true to his promise, Truman took...

If you want to rapidly rise up the leadership ladder, these are the things to do: Don’t wait for people to tell you what to do. Identify problems or areas where can you contribute and then offer specific help. Take responsibility, even if small ones – and deliver....

Procrastination is NOT laziness. And unless we understand this, we can't fix our procrastination problem. We procrastinate when we don't know how to handle the negative emotions generated by a task (e.g., anxiety). We then avoid working on a task even when we know...

When looking for a job, first find out what you hate. Here is why I say that. During the networking events in my MBA (and even post that), I found it impossible to tell anyone that I was looking for a job. Whether it is selling my candidature or a product, I really...

At an investment fund I worked with, one of my bosses (Victor Menezes) did something remarkable — after graduating from MIT’s MBA program, he never changed jobs. He worked at the same firm (Citi) all his life, becoming the global CEO of Citibank, and retiring as a...

When I decided to leave consulting and join private equity, my biggest consideration was not money — instead, I wanted my life back. I wanted to rediscover my health and peace of mind. I wanted to see the sunset and sunrise, at least on some days. I wanted to feel...

Why do we need to remember things when everything is just one Google search away? (Or these days, one ChatGPT query away). In fact, this was the logic once proffered for why we didn't need to learn multiplication tables -- or for that matter, anything factual. The...

Stop hoarding PDFs, podcasts, videos, e-books, and online courses. We already have enough. The problem is something else. Can you guess what? Our reflex answer -- 'I don't have time.' Not true. Here is what is going on. When we have to pick a task, we only pick the...