http://www.subramoney.com/book-written-by-me/ Taleb’s latest book is a simple book – with a lot of one liners. Debashis Basu told me at about 3pm on a Saturday evening about this book. So by 3.01 the decision to buy the book was taken. After some work I managed to reach Twistntales – a cosy book shop in Aundh […]
Hey kids…there is no Santa…Wikileaks. Actually the kids know it…it is the adults who need to be told about this! so even if you are going on a short ride on your slow cycle…wear a HELMET even if you are in the pink of health and feeling great….take MEDICAL INSURANCE one day if you are […]
When I make a trip to say Kolkatta to do a one-day lecture, I take an early morning flight..and reach Kol for a 11 am lecture. Now what are the risks for me and the client in this whole situation? – risk of me not reaching there at all. How could this happen? Well let […]
Many people who trade and lose a lot of money do not understand many risks..some of them are: 1. Running out of money! If you have no ability to take delivery – which means you have to cut position, your bank balance and your stomach balance both are important. If you lack either one of […]
There was a group of monkeys who had recently re-located and had a smart king. He had protected them from many dangers and was liked, feared and respected. In the new location there was a big lake – and looked inviting. However the king was smart and had warned them against it. He had told […]
For most readers of my blog this is an avoidable post. My simple, sincere, honest advice is stay away from options. However there are some die hard borrowers (leverage lovers) for whom options are tempting…and many times fatal. Options are risky is a right statement for investors. However if you are a trader who holds […]
“The government issues a half baked scheme and expects people to buy it?” This is exactly what a person who had a choice told me. He was talking about the NPS. Many people have hailed it as a great scheme. I have serious misgivings. The debt instruments that the NPS buys are not indexed. So […]