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Charged up?

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*Disclaimer: At the time of pushing this piece online, I feel that there's a lot missing in this post in terms of perspective. Most significant companies, or those mentioned below, are most likely two steps ahead of the ideas discussed here. As a result, this post may come off as a lot of wishful thinking mixed with (I hate to admit this) a bit of ignorance. Meanwhile... Of late, you have surely noticed popular electricity distribution stocks—Adani Power and Tata Power, you're right, of course—have doubled in a matter of months. Now, this is not investment advice or a stock recommendation. Please, do your own research. I'm just fleshing out what I observed. You'll notice that the angle given for this sudden rise is that these companies are adding firepower to their electric vehicle charging infrastructure game. Logical enough reason, or at least a decent narrative to get people's attention. It pays to look at things from a distance when it comes to news, even when y...

Jhunjhun Jhunjhun

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Not sure if you noticed, but Mr Rakesh Jhunjhunwala has ramped up his PR campaigns. Pretty much in line with every time that the market tends to drop a little. He's on Moneycontrol, Business Standard, LiveMint, and of course, the Economic Times. Maybe, just maybe, the star investor drops pearls of wisdom to prop up investor sentiment when everyone's frantically shouting "fire in the hole." However, you got to give it to the man for his optimism. For all you know, this is the Indian century, unless of course Vietnam, Bangladesh and the likes steal some of our country's thunder, because whatever happened to our per-capita income. Perhaps, we've just gotten a little lazy. Not all, because we certainly are doing some good work on the vaccine diplomacy side of things. Hmmm... shipping more vaccines than we have for ourselves... maybe stupid, maybe masterstroke PR. Considering that much of our population is likely to be millennial-ish (average age is what, 27-28?), ...

Suddenly something

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Not sure how many of you remember this small box called 'Suddenly something' that used to pop up in the Economic Times' Op-Ed page. Mom loved to read it. Mom's still around, however, I can't say the same for the little box that usually contained some quirky, left-of-field fact or anecdote. It always was about something that you wouldn't read about in the mainstream. This website called Finshots  is a good example of such content (well, usually). Aeon or AlDaily   are good examples too, however for long-form content. As usual, I digress.  "Suddenly something" came to mind because that's precisely what happened today. All was copacetic till about 13:33. Well, the downward slide had begun at 9:15, but it was like a nice, easy drive down a gentle ghat. The precipitous dip in the middle of lunch hour was the "many a slip between the lip and the cup." A bit like Humpty Dumpty had a great fall, and shat his pants while at it. Allow me to illust...

On being wrong

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Don't take what you read next as gospel truth. In fact, don't hold anything as gospel truth, because the world we live in is sort of wonky in its own good and bad ways. So... here goes nothing.  "Always hold on to what you have when everything else tells you to sell your holdings. In contrast, sell off what you hold the moment you develop an attachment to it." A tricky line to interpret, I bet. However, ignoring a pattern in the stock markets (and in your love lives) is called foolishness. It's also called history, just saying. I'll come back to the blurb in a bit, but here's to another Friday, and another red one at that, filled with mistakes.    This Friday, 5 March 2021, wasn't a repeat telecast of the horror story from a week ago. However, my senior colleagues from work say that volatility is on the rise. No, that doesn't mean that the stock markets will certainly fall. Volatility is when out of the blue, your girlfriend thinks that you enjoyed...

Red Friday: Did you panic?

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"Biggest fall in a day since May 2020" came a ping from my senior at work. The day is Friday, 26th February 2020, when I realised that we're lucky to witness the times we live in. Sitting remotely in our pyjamas, with our modesties barely covered, some of us witnessed the Mars landing. For those a bit more financially inclined, we witnessed the stock markets around the world soar to eclipse their previous highs.  Then came today, the Friday. Pretty sure it shook a lot of people out of their hazy optimism. Because when the markets fall, Mamacita do they fall. Those invested in it for the long run needn't worry, or so I read. But those in for making a quick buck... god save them. But there's beauty in it, watching the candlesticks on the charts turn from red to green, then intermittently back to red, and the cycle continues.  "You realise your true character when you're actively invested in the markets," says one of my mentors, often. Wise gentleman, c...

We're reading this, aren't we?

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Mr Dorsey and his fellow social media barons might well be the butt of a lot of jokes and judicial scrutiny. Nevertheless, we're fortunate enough to click random links on Twitter, aren't we? In the middle of a pandemic. Yep, the counter isn't exactly ticking as fervently as it did around last March, but we're far from over with Covid.  Thankfully, we survived. Many thrived. But be in zero doubt that this was a result of privilege and luck, so don't get too proud about being alive. Agreed, some capitulated to frustration, some sought solace in food, some in Netflix, alcohol (or both), and some found their drug in the stock market. Oh, hi fellow investor/trader/newly unearthed stock market enthu cutlet. Here's the deal. Since there are so many of us who recently decided to trust in the mad rush that is the stock market, I thought why not document the process and learn a thing or two about investing. I've been a bit aggressive with 'investments' for som...