Hi ppl...long time since I connected with you...life has been a whirlwhind the last six months...lots of new ideas to work on...including marriage (but then it is a reality now )....
Wrapping up my year end....2009 has been a fruitful year for lots of reasons....kept business steady despite turbulent times (in fact grew it a bit)...got married to an angel who has been a fresh breeze into my life....got to a new office which is working out to be productive... the more important thing is i have a lot to look forward to for 2010 ...lots of new ideas lots of growth to confront etc....
All said.... I am planning to spend the next day in 2009 in kind of chewing 2009...reading ...The Secret ...watching the Avatar...planning my style for next year etc....
Thought of leaving you with a great speech by Steve Jobs...Guess it is one of the most important videos I ever watched my life....
Connecting dots....taking the hit and moving forward...and living life to its fullest are the mantras each entrepreneur have to follow in his life...I will be needing all my quivers stacked for the next year..right guys see you in 2010...
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Wednesday, December 30, 2009
Wednesday, July 15, 2009
Reflections
I has been a pretty long time since I updated this blog....within the last 6-7 months lots of new things have happened both in the personal and professional front...
Most of them good and a few setbacks....throughout this time Rocky Balboa's phrase has me kept me moving forward....So there...just wanted to reflect on this quote today
"The world ain't all sunshine and rainbows. It's a very mean and nasty place and I don't care how tough you are it will beat you to your knees and keep you there permanently if you let it. You, me, or nobody is gonna hit as hard as life. But it ain't about how hard ya hit. It's about how hard you can get it and keep moving forward. How much you can take and keep moving forward. That's how winning is done! "
One of my life time ambitions is to practice boxing over that building in the US ( u know which one I mean) :)
Most of them good and a few setbacks....throughout this time Rocky Balboa's phrase has me kept me moving forward....So there...just wanted to reflect on this quote today
"The world ain't all sunshine and rainbows. It's a very mean and nasty place and I don't care how tough you are it will beat you to your knees and keep you there permanently if you let it. You, me, or nobody is gonna hit as hard as life. But it ain't about how hard ya hit. It's about how hard you can get it and keep moving forward. How much you can take and keep moving forward. That's how winning is done! "
One of my life time ambitions is to practice boxing over that building in the US ( u know which one I mean) :)
Monday, February 2, 2009
The Sky has fallen---but only good can happen from now on!!!!
okay guys...my famous predictions (although Prediction is too crude a word) dating back to July 2007 have come true...The sky has fallen..
However, It is only a matter of time for people to realise that only good things can happen beyond this point....Some of the positive take aways from the current scenario are
1)Only the best will survive (all the market dependent guys who jump their jobs every three months for a small hike..wouldn't)...steady people who are doers would prosper
2) Cost of business is going to go down --- more room for acquisitions and entrepreneurs
3) Housing Affordability Index is going to increase --- People for whom housing was was a distant dream like moon walk .....can buy houses at reasonable prices
4) Banks are going to be more careful in handling people's money...things like credit and repayment capacity are going to be heard more in the coming years
5) The stock market is going to become more lucrative (in fact some of the stocks are trading lower than their liquidation value).
Overall, there can only be growth after a steep fall- let it be stock market, real estate prices or life or any other thing...So guys buck up...the happy days are going to be back ..no doubt that things are going to be tough (before they get better)....but uncertainty is good...uncertainty keeps you on toes and uncertainty brings out the best in you...
However, It is only a matter of time for people to realise that only good things can happen beyond this point....Some of the positive take aways from the current scenario are
1)Only the best will survive (all the market dependent guys who jump their jobs every three months for a small hike..wouldn't)...steady people who are doers would prosper
2) Cost of business is going to go down --- more room for acquisitions and entrepreneurs
3) Housing Affordability Index is going to increase --- People for whom housing was was a distant dream like moon walk .....can buy houses at reasonable prices
4) Banks are going to be more careful in handling people's money...things like credit and repayment capacity are going to be heard more in the coming years
5) The stock market is going to become more lucrative (in fact some of the stocks are trading lower than their liquidation value).
Overall, there can only be growth after a steep fall- let it be stock market, real estate prices or life or any other thing...So guys buck up...the happy days are going to be back ..no doubt that things are going to be tough (before they get better)....but uncertainty is good...uncertainty keeps you on toes and uncertainty brings out the best in you...
Tuesday, December 23, 2008
Wednesday, December 17, 2008
Mad(off) - is really brillaint
Some strategic gems extracted from Madoff's interview during 2001.I couldn't make head or talil off it (Lots of Puts and Calls involved) but now that there was no "Secret Recipe"
People having the time can go through this great article during 2001 flagging off Madoff...
People who have lesser time can do well to read this gems from the "Financial Expert"
"Market timing and stock picking are both important for the strategy to work, and to those who express astonishment at the firm’s ability in those areas, Madoff points to long experience, excellent technology that provides superb and low-cost execution capabilities, good proprietary stock and options pricing models, well-established infrastructure, market making ability and market intelligence derived from the
massive amount of order flow it handles each day. The strategy and trading, he says, are done mostly by signals from a proprietary “black box” system that allows for human intervention to take into account the “gut feel” of the firm’s professionals. “I don’t want to get on an airplane without a pilot in the seat,” says Madoff. “I only trust the autopilot so much.”
As for the specifics of how the firm manages risk and limits the market impact of moving so much capital in and out of positions, Madoff responds first by saying, “I’m not interested in educating the world
on our strategy, and I won’t get into the nuances of how we manage risk.” He reiterates the undisputed strengths and advantages the firm’s operations provide that make it possible.
Now we know what the strategy was...
Another investment Gem before I signoff
Madoff says the baskets comprise the most highly capitalized liquid securities in the market, making
the entry and exit strategies easier to manage. He also stresses that the assets used for the strategy are often invested in Treasury securities as the firm waits for specific market opportunities. He won’t reveal how much capital is required to be deployed at any given time to maintain the strategy’s return characteristics, but does say that “the goal is to be 100% invested.”
I am highly compelled to add these finishing lines from Madoff (Man this guy is a genius)...it more or less summarises the whole thing... A strategy is a strategy and a return is a return......oh yeah
Madoff, who believes that he deserves “some credibility as a trader for 40 years,” says: “The strategy is the strategy and the returns are the returns.” He suggests that those who believe there is something more to it and are seeking an answer beyond that are wasting their time.
People having the time can go through this great article during 2001 flagging off Madoff...
People who have lesser time can do well to read this gems from the "Financial Expert"
"Market timing and stock picking are both important for the strategy to work, and to those who express astonishment at the firm’s ability in those areas, Madoff points to long experience, excellent technology that provides superb and low-cost execution capabilities, good proprietary stock and options pricing models, well-established infrastructure, market making ability and market intelligence derived from the
massive amount of order flow it handles each day. The strategy and trading, he says, are done mostly by signals from a proprietary “black box” system that allows for human intervention to take into account the “gut feel” of the firm’s professionals. “I don’t want to get on an airplane without a pilot in the seat,” says Madoff. “I only trust the autopilot so much.”
As for the specifics of how the firm manages risk and limits the market impact of moving so much capital in and out of positions, Madoff responds first by saying, “I’m not interested in educating the world
on our strategy, and I won’t get into the nuances of how we manage risk.” He reiterates the undisputed strengths and advantages the firm’s operations provide that make it possible.
Now we know what the strategy was...
Another investment Gem before I signoff
Madoff says the baskets comprise the most highly capitalized liquid securities in the market, making
the entry and exit strategies easier to manage. He also stresses that the assets used for the strategy are often invested in Treasury securities as the firm waits for specific market opportunities. He won’t reveal how much capital is required to be deployed at any given time to maintain the strategy’s return characteristics, but does say that “the goal is to be 100% invested.”
I am highly compelled to add these finishing lines from Madoff (Man this guy is a genius)...it more or less summarises the whole thing... A strategy is a strategy and a return is a return......oh yeah
Madoff, who believes that he deserves “some credibility as a trader for 40 years,” says: “The strategy is the strategy and the returns are the returns.” He suggests that those who believe there is something more to it and are seeking an answer beyond that are wasting their time.
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