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November 16th 2018, a very important day you've probably never heard about

TIFO that november 16th 2018 marked the end of the SI system as we knew it, and most of us never even noticed.  In most countries around the world, barring Burma, Liberia and the United States, the SI system is a universal system of measure. For those who aren't aware, the SI system is a system that gives universal units of measurement for temperature(kelvin), distance(metres), electric current(amperes), time(seconds), amount of substance(moles), mass(kilograms), and intensity of light(candelas). By making these units universal, it becomes easier for people working in different fields to easily interpret this information without having to convert units or spend time interpreting the meaning. Before the implementation of SI units, it was very difficult for researchers and especially scientists from different countries to use or build on research done by others, and errors made while converting values caused large time losses and created far too many problems. Therefore, when SI unit...
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Cost-Benefit Analysis, sounds complex but we do it every day

TIFO about Cost-Benefit Analysis So what is a Cost-Benefit Analysis? A Cost-Benefit Analysis (CBA) is an analysis performed based on the advantages and disadvantages of a strategic move taken by a company. It analyses both the economic and opportunity cost of the move along with its advantages. Most major companies make many big decisions based on the CBA of that decision, and so do a lot of people in their lives. How do I do a Cost-Benefit Analysis? Well, a good CBA is quite tricky. However, whether you are doing it for a company or for yourself, there are a few tips and tricks which you can follow. The first and most important thing to find out is the monetary cost of making that decision along with any monetary benefits which it might bring. Let's take the example of a couple who is remodelling their house's kitchen. Just as an estimate, we can assume that the cost of the remodel would be $50,000 and that the remodel would increase the value of their house by $20,0...
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The cat that was but wasn't

TIFO about Schrödinger's cat Recently, we have been learning about atomic theory. As a student who is very interested in chemistry and physics, I took it upon myself to understand more about the topic at hand. Schrödinger was a name who came up in multiple topics, and so I decided to understand who he is and why he is so famous. Schrödinger's cat is a brilliant thought experiment which explains the meaning of quantum superposition in an amazingly simple way. His thought experiment deals with quantum effects on a macroscopic level, which may pave the way for future teleportation technologies and may help us better understand the fourth dimension, which would be groundbreaking in our scientific understanding of the world Who is Erwin  Schrödinger? Erwin Schrödinger was a scientist from the 20th century. He was one of the foremost scientists who advanced our understanding of chemistry, quantum physics and atomic theory. Among his most famous and influential works was his thou...
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The economics behind human behaviour

TIFO about John Nash Who was John Nash? John Nash was an Economist from Princeton University. He revolutionized economics with his essay on game theory, written in his paper - "Equilibrium points in N-person games." This paper was written by him while he was still studying in university and the rule that he proposed was soon named Nash Equilibrium. What is Nash Equilibrium? Nash Equilibrium is a state in which two or more competitors cannot change their strategies to achieve a better outcome. Usually, the Nash Equilibrium will not be in alignment with the S.O.S (Socially Optimal Solution). One example of this is in the Prisoner Problem. Imagine that you are one of two criminals who have been caught for a petty crime. The police suspect that you two have committed a larger crime, but they have no proof. However, they put each of you in a room, and tell you... If you both remain silent, each of you will receive one year in jail for your petty crime. If one of you...
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Welcome to TIFO

Hello. I am Vedant Harsha Rao. I am a student currently studying in India. I enjoy collecting interesting information about various different topics and ideas. I've always loved learning new things and telling others about what I've learnt. TIFO is my blog which helps me talk about new ideas and concepts which I have just recently learnt. TIFO stands for Today I Found Out, and as such, this blog talks about things that I found out about today.  I hope that this blog may be of some interest to you, and if it isn't, let me know what you would like me to read about in the comments below my posts. I would love to hear your thoughts on what I should look into and learn about. If you think I've made a mistake in one of my posts, or if you just want to share your TIFO moment, please drop a comment on my post, and I will try my best to get back to you about that.  Happy reading!
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