It is difficult to make predictions, specially about the future said somebody famous. And now that I got the attention due to the headline, let me clarify that this post is not about predictions for the Sensex. I just thought it may be interesting to present a set of figures on long term returns from … Read more
It has been a while since I posted to the blog. The reason being I had nothing much to say. So while I find something to say, there is always a lot of interesting stuff to read. While the message remains the same like all the basics of investing, it is not a bad time … Read more
“Expect a Surprise” said my broker friend Jigneshbhai as we ordered a fresh new flavored cold coffee this time, when we met over the last weekend. “Is it a surprise or should I expect it?” asked a confused Swami. “If I expect it, it is no longer a surprise, and if it is a surprise, … Read more
“Yeh PSPO nahi jaanta!” Remember that old ad for – I think – Orient fans? In which a customer gets mocked for not knowing what is PSPO? [youtube=http://www.youtube.com/watch?v=EsDZdsizxrI] That was the kind of look my broker friend Jigneshbhai got from Swami when he said ‘No Idea!’ in response to Swami’s question on ‘where are the … Read more
“So someone sent me a joke yesterday of an HR Manager who is asked to choose between Heaven and Hell at the Pearly Gates by St Peter”, said Jigneshbhai, as we sipped our coffee last weekend. Swami and I were busy reading up on the stock markets, as they were getting interesting by the day. … Read more
“What is the difference between retrospective and retroactive?” asked my broker friend Jigneshbhai, as we met over coffee last weekend after a long time. Surprisingly, the question today was from Jigneshbhai rather than Swami. Swami looked at my broker friend and shrugged it off. “They are the same I think. Why?” “Well someone from the … Read more
Till the morning of May 16th, nobody was sure, but India finally has a government, and how! The people have delivered a verdict that leaves no excuses for performance, and have put a man who promised that at the helm. No more whining about coalition compulsions and dual power centers with no will or abilities for … Read more
My friend Swami was quite cheerful a few days back when we met. “Finally the markets are going up – now that Modi is sure to become the Prime Minister.” “There is no such thing as a sure thing” said my broker friend Jigneshbhai, putting brakes on Swami’s enthusiasm, as he sipped coffee during our … Read more
“I’m not strange, weird, off, nor crazy, my reality is just different from yours” wrote Lewis Carroll, the author of Alice’s Adventures in Wonderland and Through the Looking Glass. My adventures with data and analytics have often landed me in situations where I have wondered whose version of reality is the right one. In some … Read more