Renuka Jain

In  2010, Dave Brailsford faced a tough job. No British cyclist had ever won the Tour de France, but as the new General Manager and Performance Director for Team Sky (Great Britain’s professional cycling team), Brailsford was asked to change that. His approach was simple. Brailsford believed in a concept that he referred to as the “aggregation of marginal gains.” He explained it as “ the 1 percent margin for improvement in everything you do . ” His belief was that if you improved every area related to cycling by just 1 percent, then those small gains would add up to remarkable improvement.

--  Robert Frank was playing tennis one cold Saturday morning in Ithaca, N.Y., when his heart stopped. Sudden cardiac arrest—a short-circuit in the heart’s electrical signaling—kills 98 percent of its victims and leaves most of the rest permanently impaired. Yet two weeks later, Frank was back on the tennis court. How did this happen? There was a car accident a few hundred yards away from where Frank collapsed. Two ambulances responded but the injuries were minor and only one was needed. The other ambulance, usually stationed five miles away, reached Frank in minutes.

All of us would like to enjoy a quality lifestyle – travelling in premium cars, own a big house, using the latest gizmos, going for a vacation, etc. However one question that we must ask ourselves is - are we doing enough to be able to do everything that we wish for?? Is there a solution to it? The answer is  Yes ,   it is possible only if   we start saving early, choose the right kind of investments and just as importantly, avoid the wrong kind of investments. Inflation – the hidden devil