@Jai_hyderabad@vka27 . A thread on Health & Sport. "If I can do it, anyone can do it ". Just like the Stock Markets. Running a Marathon requires the same kind of skill sets as Investing in the Stock Market. Here I am just describing my Running Experience (1/n)
2. In early 2015, when I was around 54 years, the running bug bit me when I saw a friend of mine running on the Marina Beach. He introduced me to Marina Minnals one of the many running groups which are based out of Chennai.
3. In College I was into Sports, mainly short sprints having represented college in various Inter-Collegiate Meets, but anything above 400 m was Hell for me. In 2015 my Running group friends helped me to navigate Hell.
4. First day, I could hardly run 200 m at a stretch, but slowly & steadily got to 7 k in 7 weeks 7 was ready to take on the 10k at Hyderabad Marathon which is one of the toughest Road Races in the Country what with the number of Flyovers.
5. Met an old classmate in Hyderabad who was from Pune & he was doing the 21k ( Half Marathon). I struggled but somehow completed the 10K. After the event was soliciting for business when he said that I could meet him in Pune the following week & invited me for Satara event.
6. Paapi Pet Ka Sawaal, so went to meet him for biz to Pune & also accompanied him to do the 10K at Satara. When we reached Satara we were told the 10K was cancelled & only 21 K slot was available. 😳
7.Satara HM is one of the toughest since its 8 k uphill & same distance downhill the last 5k into the town with undulating terrain. It was sheer bravado to even attempt that and told my friend that should I somehow complete it he should become my client. He agreed.😊
8. With God's grace I somehow managed to complete it huffing & puffing. Since then I have gone to Satara 4 times & got better & better. I run with the Tricolour which gives me the thrill & confidence that I can complete the distance.
9. My DP is of one of the runs. The Saffron cap was given to me by a Race Volunteer who was touched by the fact that I had the Tricolour. Its a typical Maharashtrian Topi.
10. There is no age to start running. Our Running Coach started at the age of 62 & ran the Mumbai Full Marathon( 42k ) in under 4:10 when he was 70 😍.
11. I apply the same principles of Running towards Investing. Anyone can become a good Investor, one needs to work hard ; never give up & think for the Long Run. Thanks for reading
1.“The Dog that Didn’t Bark”
Gregory: “Is there any other point to which you would wish to draw my attention?”
Holmes: “To the curious incident of the dog in the night-time.”
Gregory: “The dog did nothing in the night-time.”
Holmes: “That was the curious incident.”
2.Since 2008, when FED started its QE there was a fear that the wall of Liquidity would lead to very high Inflation, bordering on Hyperinflation.
However, that did not happen flummoxed the best of the minds.
3. In the last one year due to COVID the concept of “HELICOPTER MONEY’ which was touted by Bernanke in the early 2000’s as one solution to take care of low growth. So how is Helicopter Money different from Quantitative Easing?.
1. MY BIGGEST REGRET : Recently on a CH session, a guy asked me whether I regretted my decision to accumulate Dec Put options in end July when Nifty was around 16k. My reply : I never regret my actions made after a great amount of study so long as only I lose money.
2. Regret happens when others take my advice & lose money or don't make money. However in the past have regretted since others took my advice & lost an opportunity.
3. July 2013. Had identified a stock after a great deal of Research, which then was the most hated. Had traded a long time b/w Rs.21-24 & rapidly fell to Rs.18 when it caught my attention. Immediately alerted everyone I knew that it was a bargain for LT. Most believed me & acted.
1. ONE LONE VOICE ...... Q: If a tree falls in a forest, and there’s no one around to hear it, does it make a sound?🙄 Another "rant" in 10 parts.
2. Yesterday, I ranted through 25 Tweets on the current market conditions. Going by the response, the above question assumes relevance. Adding another edition today in the fond hope that some of you may find meaning in what I tried/trying to convey.
3.Had made my observations of the market here on WhatsApp & CH discussions that while its futile to "Catch a top" in terms of Numbers, it may be still a good idea to "time" the market in terms of ... well "Time"
2. MFs have convinced its target Audience through constantly repeating that they don't have KNOWLEDGE ; TIME, EXPERTISE & EXPERIENCE .
3. KNOWLEDGE : The typical target is a well educated, successful individual who is trying to explore alternative Investment Avenues other than traditional Bank FDs. He/she has investible surplus & has the capability of seeking knowledge easily during these times. Google, anyone ?
1.A series on 'Bullshit Gyan" spouted by Market Gurus Here is the first one: " Its time in the market that counts, not timing". Think about it : If you do not time the market properly enough, then your time in the market is likely to be not profitable
2. Just imagine buying "Hot Stocks" like Brokerage ones just last month. All of them are down anywhere between 20 - 30 %. And the honchos of those esteemed brokerages would tell you that a return of 20 % is great in the Stock Market 🙄
3. Or look at "Hot Sectors" like Metals. They have not fared any better. They are overbought even at these levels. So much for Multi year Commodity Bull run nonsense spouted by Strategists.