The cycle

Got this as a forward E-mail… Really cool..

June 4, 2009 Posted in: Random Stuff 2 Comments

10 things about investment to learn from IPL

The shortest version of cricket, T20, can teach us a lot about investment discipline. Here are 10 tips on how to pace your innings for maximum returns

1. Start early
T20 does not reward late starters—teams need to start scoring early in the innings. If you don’t have enough runs on the board, your batsmen will always be playing catch-up.
Similarly, you need to start investing and saving early. The sooner you begin, the more time you get to compound your capital. Also, all batting sides take advantage of the fielding restrictions early in the innings. In the same way, when you are young, there are many things you can afford to do as compared to when you grow older. One of these could be to start building your financial resources when you have few other financial obligations.

2. Risk and reward trade-off
T20 is all about taking risks and ensuring that the team gets rewarded for them—whether it is aggressive opening batsmen, field placements or trying out new bowlers.
Similarly, financial planning is all about risks and rewards. It is important to understand that taking risks equals high returns, just like a batsman faces the risk of being caught at the boundary if he is trying to hit a six. You should not be surprised if you get out trying to reach for extraordinarily high returns on investments because these would be of the most risky kind. Also, just like not every ball can be hit for a boundary, not every investment will turn out to be a goldmine. Sometimes, singles are equally important.

3. Be ready for the unexpected
The Duckworth-Lewis method, which is used to determine targets for rain or weather-affected matches, can at times adversely affect the chances of one team. It is, therefore, important to always have enough runs on the scoresheet.
Similarly, you must also always be ready to deal with unexpected situations. The margin of safety in your investments should be able to protect you against the proverbial rainy days.

4. Strategic break
Teams take a strategic break to review their progress after 10 overs and chalk out a strategy for the rest of the innings. Such strategy breaks are important for your financial road map as well. If you don’t regularly review progress and look at ways to address the problems and challenges, you may end up falling short of your financial targets.

5. Balance
Just like a team needs the right balance of big hitters, anchors and effective bowlers, your investment portfolio, too, needs the right balance of investments. Too much of growth or aggressive funds, without adequate support or backup, might make your portfolio shaky. You must recognize that your investments should be diversified across sectors and different assets, and not be concentrated in any one area.

6. One bad over
One bad over can change the direction of a game and can often make it difficult to recover if a team does not have enough runs on the board (if you are batting), or enough wickets already (if you are bowling). In life too, a “bad over”, in the shape of job loss or serious injury or illness, could throw plans out of gear. If you do not have an adequate safety net, it would become very difficult to recover from such mishaps.

7. Consistency gets rewarded
In T20, the top-scoring batsman and the largest wicket-taker are awarded the Purple and Orange caps respectively. You can win these caps only if you perform well consistently. When it comes to personal finance, you too must be conscious of staking a claim for these awards. What matters most is that you have consistent performance over a long period of time. There is no point in investing in a fund that is really hot the first year, but comes a cropper thereafter.

8. Coaching helps
Whether it is a specialist bowling or fielding coach, T20 has shown us that some guidance and direction, especially an objective view from the outside, can help improve a team’s performance. Your investments too can benefit from such guidance and expert view. This is important to avoid making silly mistakes that could cost you dearly later in life.

9. Distractions can be entertaining, but ultimately the score matters
T20 is highly entertaining not only on the pitch, but also because of all the music and dancing. But ultimately, a team wins or loses on the back of its performance. Similarly, while you are securing your finances, distractions such as the hottest investments or the flavours of the month will come and go, but what matters most is that your “investment scorecard” should show a healthy average. You must focus on what matters and ignore the distractions.

10. Winning attitude
The IPL has shown that even young players with less talent or resources can do well if they bring the right attitude to the pitch. Similarly, investing is not just about being rich or already having lots of money. You can start with meagre resources and little experience, but over time, make a fortune with a positive attitude and willingness to learn from mistakes. You should not get disheartened if one investment loses money. Just like a young cricketer who believes in himself, you should believe in what you have invested and stick it out. If you have put in the right kind of preparation, you will also come out the winner in the long run.

May 25, 2009 Posted in: Business, Cricket 2 Comments

Joke of 2009

Elections are always full of lot of political jokes. But this one has to be a classic one. A fast that lasted for 4 hours. Which stated after breakfast and ended before lunch. And the man had two ACs to keep him cool during this *long* fast.

Makes me wonder if we are in the same country where Gandhiji had days of fasts for their countrymen..

May 20, 2009 Posted in: Random Stuff One Comment

Do big names matter?

KKR lost yet again. This proves that only hype and endorsements are not enough to win a match. But what crap.. Who cares about winning as long as you are getting Return on your investments? Money is what IPL is all about baby.. Doesn’t matter if you win or lose. What matters is getting lot of money for your owner..
KKR has SRK.. The biggest Star attraction of IPL. Or for that matter biggest of India. And they also have Dada who has probably highest celebrity value. And when I say highest, I say it as more than even Tendlya..
So with those two star attractions, KKR will get big endorsements and big money. So who cares if you are winning or losing?
How many ads do we see with members of Rajasthan Royals team even after their win in season 1?
I strongly think KKR has the best strategy. Create star value for your team, attract endorsements and earn money.. Forget about the winning or losing. That hardly matters…

May 3, 2009 Posted in: Business, Cricket One Comment

Snail Mails

The other day while talking to a couple of friends, we were discussing how E-mail and telephone have taken over the the postal mails. I mean its a good thing that the world is moving ahead with the technology. We have faster means of communications now and it is obvious we will prefer to save on paper and time by using alternative means.

But still there is a different fun in the paper communications too. The old generation people may tell you the fun in writing the love letters on paper or the fun of waiting for the reply to letter you send out to a friend.. We are missing out on lot of excitement for sure.

Writing letters to each other would really be a lame idea now. But how about sending postcards to friends telling about the place where you live? You can even create a small 2-3 page document about youself and the place where you stay. Take a print of his and send across to your friends.

So to start with this, give me your address through comment here / DM on twitter or mail and expect a letter from me. And I assure that your adress won’t be shared with anyone.

April 30, 2009 Posted in: Random Stuff No Comments

The mobile bean bag

Finally I can keep all three mobiles together, thanks to the Bean bag i got from Ocricket. Thanks Ocricket team..

April 29, 2009 Posted in: Photos One Comment

The magic of excel programming

I won’t normally share the forwards on m blog. But this one is kinda magical. Download the excel sheet and move your cursor on the image in the file to watch Sun rise & sun set in city of Hong kong. Woever has created this, must have really worked hard on this. Btw, can someone tell me what kind of programming or functions are used in the file?