Chaos gives us the opportunity to become stronger. But the best way to deal with it is to lengthen the time horizon and then play the long game, keep your options open and avoid total failure while trying lots of different things and maintaining an open mind.
Amazon Web Services (AWS) is the Titanic of cloud hosting. It provides on-demand cloud computing platforms to both individuals, companies and governments, on a paid subscription basis. The platform is designed as a backup to the backups’ backups that prevents hosted websites – including some of the largest in th1e world – and applications from failing.
Yet, like the famous ocean liner, AWS crashed in April 2011, taking with it popular websites like Reddit, Quora, FourSquare, Hootsuite, and New York Times, among many others, for four days.
AWS faced another major outage in February 2017, which again brought large number of key websites down on their knees.
There was, however, one site that kept chugging along well during both these instances, despite also having AWS as its host at both the occasions.
- Spotlight: Big ideas from Value Investing and why applying them in your investment decision making will be a great deal
- InvestorInsights: Interviews with experienced value investors, learners, and deep thinkers
- StockTalk: Thorough analysis of business models of companies (without any recommendations)
- Behaviouronomics: Deep analysis of human behaviour and how it impacts investment decision making
- BookWorm: Reviews of the best books on Value Investing and related subjects
- Free Course – Financial Statement Analysis for Smart People (otherwise priced at Rs 6,900)
- Archives: Instant access to our huge archive from the past three years