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Showing posts from February, 2012

The Years Without Fingerprints

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Some years don’t leave fingerprints. For the last few years, time feels like it has quietly pressed fast-forward. I finished tenth grade in 1997. Twelfth grade in 1999. I exited my teens right as the new millennium arrived. And somewhere along the way, I crossed a strange milestone: I’ve now lived more of my life after 2000 than before it. Yet most of my vivid memories still belong to the pre-2000 world. Maybe childhood memories are denser. Or maybe adult life is just better at overwriting itself. Post-2000 is one thing—but post-2020 is another entirely. The last five years feel like I took a hand towel, wiped my face, and tossed it away. Gone. Just… blur. Nothing makes time’s passage more obvious than children. Akhil and Sahana are growing up fast, each carving out a personality that couldn’t be more different. Akhil’s fascination with basketball has only deepened—remarkably so, given his usual talent for boredom. Middle school is around the corner, and we’re all quie...

The stock market expert

I am currently reading Michael Lewis's Boomerang: Travels in the new third world , a hilarious account of the events that led to the economic meltdown in Iceland, Greece and Ireland, and of course, eventually, the rest of the world.  Iceland's situation was due to the fact that every fisherman wanted to be a financial investor, Greece's was due to inflated accounts and Ireland's was due to the collapse of the banking structure. Iceland was especially funny, because I could exactly relate to what happened.  I am not a fisherman, but I did turn a financial investor with fantastic results.  So, let me tell you three stories; these stories changed the way I invest. The first story was pretty devastating as an early investor.  After making tons of mistakes by investing in worthless companies, I thought it was time I took on the big guns.  I realized that if you actually want to make money, it should be done not by volume but by the quality of the stock. ...