The improbable is extremely probable. Aristotle A single success generally does more to confirm a strategy’s effectiveness than a single failure does to disconfirm it. #Gilovich We become kinder to information that supports our hopes & rather critical of info that is antagonistic to them. #Gilovich Zeigarnik effect: The tendency for ppl to remember [...]
This is an attempt to improve outcomes with no increase in skill. Let’s look what are the qualities required for a Professional. 1. Selflessness Accept responsibility for others ie., will place the needs and concerns of those who depend on us above our own ( not applicable for traders who might be reading this) [...]
Picks for the Year 2013 from various brokerages Independent Analyst, Ambareesh Baliga picked 13 stocks, which according to him should be on investors’ radar next year. He is bullish on all these stocks and recommends buying them. Reliance Industries Target Price: Rs 1040 Rationale: Trigger for the company would be gas pricing post 2014 [...]
Looking Back 2012 2012 has been a good year on many fronts. Like this post from Forbes suggests, looking back at focus areas rather goals set. http://www.forbes.com/sites/peterbregman/2012/12/17/consider-not-setting-goals-in-2013/ Focus Area 1: Family/Finance 2012 is important as this is the year, we completed 10 years of marriage. Before marriage me never thought of savings, salary earned was [...]
New Girl in the City 1st of all thanks to my new colleague who allowed me not to come to office on Saturday, and let me pen down this stuff which is quite close to my heart. Yes, as the title says, this name is copied from the movie ‘Wake up Sid’. Before Mr. Ayan [...]
But baby, does it really make sense for you to travel thousands of kilometres for just one week? Yes it does. I can visualise those lips pursing on that very obstinate face. But I will be anyways moving there by the end of the year. Why spend all that money and go through all that [...]
This blog is a continuation of the blog “A weekend dinner with my better half” So the story continued and wifey went to Singapore. And I had to travel to Portland, US for some official work.It had been four months. And both of us were living 10,000 miles apart separated by the Atlantic and the India Ocean.Not [...]
Few nice tweets collected from the twitter handle –> https://twitter.com/TraderIndian Liquidity is simply how quickly an asset can be turned into cash( liquidated ) at a predictable price ———————————————————————————————————————— In trading, when there is nothing to do, the best thing to do is nothing ———————————————————————————————————————— Qualities reqd for traders: Intelligence,Work ethic,pride,ability, interest,communication & Interpersonal skill ———————————————————————————————————————— [...]
Simple, Complicated, Complex Problems & Trades Simple problems. Simple problems are ones like baking a cake from a mix. There is a recipe . Sometimes there are a few basic techniques to learn. But once these are mastered, following the recipe brings a high likelihood of success. Complicated problems. Complicated problems are ones like sending [...]
Getting married through a ‘dot-com’! Most of the time I get complaints from my peer circle that I always keep mum about my personal life; I believe, personal space should always be kept personal, so no offence. Still, somehow I realized that there are a few comic stories which I may share with people. At [...]