Monday, August 15, 2011

Scheduling emails

If you are unavailable and cannot access internet for a few days and yet want to send a pre-meditated email to someone (liking wishing someone on their birthday/anniversary) through Gmail, there is a solution at hand. Though gmail is yet to provide this functionality, there is atleast one chrome/firefox app that enables you to do this.
Its simple and fast. I wish the various email providers introduces this feature soon.

Crowdsourcing to the next level

A similar idea is being tried in India to form a strong lokpal bill by the civil society to check corruption in the high places and the government is vehemently opposing it as many of their crooked tricks to loot the country will have to be surrendered.

Monday, August 1, 2011

Scrips and their personalities

Each scrip has a unique character/personality to it. It is defined by both its internal strengths, weaknesses & policies and the external perception of these vis-a-vis other scrips.
Each scrip behaves in a way that is particular of its industry, maturity of the company, liquidity of the shares, segmentation based on capitalisation, debt levels of the company, EPS, expected future growth, dividend policy, stock split/bonus shares, volatility of the stock, seasonality of the sector, overall economic/business  cycle, correlation to interest rates, correlation to the historical PE of the industry, correlation to its own historical PE, how the mkt usually treats this stock to each event(excitedly/anxiously with lot of volatility or indifference with hardly any movement), mindshare and brand image it occupies in its investors among many other things.This is something that is not usually taught in the books. Experience in the markets teaches you this. It is important for every short term investor to follow the scrips through the ups and downs and be able to predict how much and how long will the scrip prices rise/fall due to the event, just as one knows and understands a family member's reaction to various life's events. You cannot estimate the right reaction and the depth of the reaction precisely, but you know that the person would be upset or excited to hear it. Since each scrip has a personality of its own, its important to understand them to deal and profit from them.