By Have you ever wondered whether having more choices is truly advantageous? While options grant us the power of alternatives, often leading to better deals, they can also leave us paralyzed with indecision. I vividly recall the challenges I faced when choosing a university after excelling in my exams. Throughout various stages of my life, whether …
Reflecting on Business Models: A Worker’s Perspective
Have you ever wondered how some companies outperform others, or why a business model thriving in one market falls short in another? As employees, we often operate within established or proven business models without questioning their efficacy, uniqueness, or the challenges they might encounter. Although pondering these questions might not be in our job description, …
Why Forecasts Differ: Unpacking Hidden Agendas
We’re constantly attempting to forecast the future, asking questions ranging from the mundane—“What will tomorrow’s weather be like?”—to the substantial—“Will the economy collapse?” or “Is inflation expected to decline?”. In the professional realm, our predictions may seem comparatively minor, as we speculate whether business targets will be met or the number of new users we’ll …
Enhancing Your Thought Process
I observed that many of us have posed similar questions: How can I develop a broader perspective? How can I think more deeply? Firstly, I want to emphasize that you shouldn’t feel disheartened by such inquiries. At times, these questions arise because your perspective differs from others. On other occasions, it might indicate overlooked viewpoints. …
A Framework to Understand Yourself Better
Hard work propels us forward, but introspection ensures that our trajectory is correct. However, looking inward is no easy feat. Not only does it bring to the surface uncomfortable truths and past mistakes, but it also sometimes falls prey to our cognitive biases. Take the confirmation bias as an example; we often lean into information …
The Subtle Constraints Shaping Our Lives
Throughout our lives, we are bound by numerous constraints. Often, we never pause to reflect on their impact or contemplate if they can be modified, simply because we’ve grown so accustomed to their presence. Understanding Life’s Constraints: The effects of these constraints can be deeply ingrained in our psyche. More often than not, we exert …
A Very Very Brief Historical Development of the Calculus
While diving deep into the proofs of the Fundamental Theorem of Calculus by Barrow, Leibniz, and Newton, I stumbled upon an intriguing topic – the historical development of calculus. I found myself wishing that my teachers had taken this historical approach, which brings added depth and interest to the cold precision of math. In this …
How I Survived Teaching Myself Calculus with Michael Spivak?
I initially planned to pen down this blog post after completing Michael Spivak’s Calculus. However, with my motivation dwindling near the end, I thought it best to start early. The primary impetus for delving deeper into mathematics is its indispensable role in comprehending science, and in turn, our world. Though I am less intrigued by …
A Mid-Year Reflection on the Year 2023
At the beginning of 2023, I wrote a New Year Planning: 2023 | Data Driven Everything (data-driven-everything.com). With a quarter already behind us, it’s time to reflect on my progress. I aspire to become a person with the following traits: I believe most of my friends would agree that I am trustworthy, as I’ve received …
Is the Modern Portfolio Theory Applicable to Managing Consumer Loan Portfolio?
Before I elaborate on the thoughts, I should give readers the typical risk management framework for existing customers used in consumer loans (In a mature market, the contribution of new users is relatively small). Users are segmented into different risk tiers corresponding to predicted default risks. It is similar to some credit rating agencies, like …
