Posts

Showing posts from February, 2012

The House in Gobichettipalayam

Image
Sashtiapthapoorthi Function — Me in the front (with eyes closed) My summers were spent in Pudukkottai and Gobichettipalayam — Gobi, as we called it. Away from school and homework, those months were filled with the easy warmth of grandparents, uncles, aunts, and cousins. Summer was the time to let loose. Gobi Home We would take the overnight train from Bangalore to Erode, and from there a bus to Gobichettipalayam — Gobi. We usually arrived early in the morning at Seethammal Colony. My paati, already awake and waiting near the door, would greet us as soon as she heard the metal gate creak open. The smell of freshly brewed filter coffee would drift out from the kitchen. I would run straight into her arms. “Vaada Kannu,” she would say, her eyes beaming with happiness. “Vaada Krishna, Vaa Raji,” she would call out to my parents. Slowly, the rest of the house would stir. People in the living room would wake, and within minutes the house would be buzzing wi...

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. ...