I was the summer intern at Eaton Vance, in the Strategic Income Fund team a few summers ago. Taking my job very seriously, I did everything to make sure that my duties were carried out to absolute perfection with attention to every detail. After a few weeks, the team got used to having everything in order; and I realized that I had created a process where…

I was thinking during my commute how quick the integration of new discoveries is these days. Perhaps it’s another side effect of easy information that new products, new inventions, new processes and new methods are analyzed, internalized, and digested so fast. Take the iPhone…

Heavily used machines are considered great when the quality of their output is constant with no statistically significant variances over time. In other words, they consistently produce according to their exact specifications especially long after the of expected useful life. We, on the other hand, cannot simply maintain good quality in what we produce. We must continuously show improvement in our results (such as progressively advancing resumes, higher levels of education and achievement, etc.)…

Before I continue my story, I need to tell you about an Armenian cartoon called կախարդական լավաշ which means “the magic lavash (flat bread)”. It gives me great pain that this superb work of art loaded with life’s lessons can only be understood by Armenians. In many ways, my life is the story of the little boy in the cartoon who decides to explore the world to find his destiny. His mother gives him her blessing along with the magic bread which replenishes itself during his journey…

While reading a post from Daily Speculations, I thought of many reasons why the markets are so fascinating. I think it important to be fascinated for the right reasons. Here’s the partial list for me…