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cricket

Virat

Be a Financial Advisor like Virat
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A real professional faces defeat with a smile. A real professional knows that moving ahead does not mean anger, envy and frustration.

It takes courage to keep rage under check and appreciate the Champions of the day.

While most Indians were fuming, vomiting venom etc, the skipper who perhaps most hurt of all had smiles on his face.

In the world of investing and personal finance, markets can crash; one can have a miserable day.

Most investors are likely to exhibit despair, irritation and anger which only draws them further into making more blunders.

In times like these you need a good Financial Advisor with a temperament like Virat Kohli to say, “it was a bad day, we did nothing so wrong, it happens, we need to see what best can be done and move on. All is well in the long term. Let’s not lose focus.”

For a Financial Advisor, there was a lot to learn from Virat’s conduct after the massive loss and hope investors have understood the need of a Financial Advisor as a manager of their behaviour in adverse conditions that they do not understand as well.

I don’t know about the others but Virat taught me a good lesson.

Categories
cricket

Why Advisor

Kal kya hoga kisko pata
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The Champions Trophy has some interesting lessons. When Thissara Perera dropped Sarfraz Ahmed of the bowling of Malinga,
 
1) He probably dropped the Champion’s Trophy that Sri Lanka could have won
 
2) He gave Pakistan cricket a new lease of life. Winning the Champions Trophy can provide the stimulant that Pakistan cricket has been longing for years.
 
Any analyst would have predicted a Pakistan loss by the way the game was going.
 
Who could have thought that Sri Lankan would drop sitters and give away runs as overthrows.
 
But things don’t go the way one often expects. The nature of the unpredictable beast is such.
 
Likewise, in an economy too unpredictable clouds can suddenly emerge, a tsunami could suddenly rear its ugly head. The best of Fund Managers too would not be able to have an intuition of such impending unpredictablity.
 
Donald Trump, the world’s most powerful leader is so unpredictable that perhaps he also does not know what would be his next move. Who knows what will Kim Jong of North Korea will do tomorrow etc etc.
 
Any impact on world economy or Indian economy can either have a short term impact on the market and your returns or even a medium to long term impact.
 
The best of the fund managers forecast based upon realistic and scientific assumptions.
 
But even the best of the best can be left surprised. There are just too many moving parts.
 
The macro environment is 50% responsible for your future returns and if that itself is 100% unpredictable, what can the best Fund Manager say about the future.
 
At best he may guide you to an astrologer.
 
Still, I would say consult professionals be it a Fund Manager or a Financial Advisor because at least they make the best assumptions.
 
Kal kya hoga kisko pata
Categories
cricket

Cricketwale

Hum kaale hain toh kya hua cricketwale hain
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Although England invented the game of cricket they seem to have lost the plot.

They have never won the world cup or any big tournament even though they host many of these tournaments.

England has very little sunshine and mostly inclement weather throughout the year.

Cricket or for that matter any outdoor sports requires a lot of practice.

Perhaps, England had planned India as the colony with all the Sun for practicing and training.

But alas that was not to be.

They left us alone and we made a lagaan team that is now turned the tables on our erstwhile masters by taxing them on the cricket field.

No wonder all Asian teams who were their slaves are left to contest the CHAMPIONS TROPHY.

The clear message from this is the need to practice, practice and practice in a conducive environment.

Now did you get your investment lesson. If not, read on.

In investments too, wealth championship can be won by SIP, SIP, SIP in a conducive economic environment.

Yet again, India seems to be offering the environment where you can win big time by SIP, SIP and SIP.