Investment Philosophy
Last evening, D had come over with his wife. I had been seeking D for some time. He is a stud boy in Network Security and Open Source crap, which I have no clue of. After studying the site for some time, he concluded that it was not easily fixable, and would require a good overhauling - better still, completely redoing it. Atleast he diagnosed the problem. To know the problem, is almost half way through the solution... so I've heard some sane minds say.
I would not go into this... rather something else that came up a little later in the evening when we went for a cup of coffee. So D's wife called over two friends (lets call them Alpha, and Beta :-) - yes they were married to each other) to join us for the coffee. D mentioned that he'd heard from this guy (who has been in the real estate industry for some time) that real estate prices are severly escalated and would fall to the tune of 40% in the near future. Alpha mentioned that they had recently bought property somewhere. Then the discussion got directed to modes of investment and how stock markets have yielded returns for some people, while others have done wonders with real estate.
That set me thinking. While at B-school, I got carried away by the general 'learned finance guy' notion that I could be a smart investor in the market. I thought I would invest in the market, and make big. I started an online trading account... needless to say it expired for want of a single transaction. The idea of investing in real estate never appealed to me. Then I realized that the only thing worth investing in is myself!! I really don't enjoy the idea of studying and following stocks to invest in the market... and I am too averse to the idea of raising a huge debt to buy property in which I will never live. But I do enjoy the idea of making things happen... in traveling, in experimenting with stuff etc. And yes, over time I have built enough confidence in myself to believe that I am worth all the investment I can afford to make. :-)
When I say 'me'... it means people. The best investment I have made in life is in people. When I say investment, it isn't money. Even in financial terms, I would rather invest the 100 thou in a person who can do more with it, than a stock, a fund, or a piece of land (even if the person uses one of these mediums to make the more). I think that is likely to yield the best dividends.
So, I continue to invest all I have in 'myself', and live merrily.
Cheers!!
I would not go into this... rather something else that came up a little later in the evening when we went for a cup of coffee. So D's wife called over two friends (lets call them Alpha, and Beta :-) - yes they were married to each other) to join us for the coffee. D mentioned that he'd heard from this guy (who has been in the real estate industry for some time) that real estate prices are severly escalated and would fall to the tune of 40% in the near future. Alpha mentioned that they had recently bought property somewhere. Then the discussion got directed to modes of investment and how stock markets have yielded returns for some people, while others have done wonders with real estate.
That set me thinking. While at B-school, I got carried away by the general 'learned finance guy' notion that I could be a smart investor in the market. I thought I would invest in the market, and make big. I started an online trading account... needless to say it expired for want of a single transaction. The idea of investing in real estate never appealed to me. Then I realized that the only thing worth investing in is myself!! I really don't enjoy the idea of studying and following stocks to invest in the market... and I am too averse to the idea of raising a huge debt to buy property in which I will never live. But I do enjoy the idea of making things happen... in traveling, in experimenting with stuff etc. And yes, over time I have built enough confidence in myself to believe that I am worth all the investment I can afford to make. :-)
When I say 'me'... it means people. The best investment I have made in life is in people. When I say investment, it isn't money. Even in financial terms, I would rather invest the 100 thou in a person who can do more with it, than a stock, a fund, or a piece of land (even if the person uses one of these mediums to make the more). I think that is likely to yield the best dividends.
So, I continue to invest all I have in 'myself', and live merrily.
Cheers!!
posted by Animesh Kumar at Monday, July 24, 2006
5 Comments:
You have got me wondering what you are upto... I havent come across someone who'd write an inspiring piece while at work and that too monday morning :)
hahahaha... all I can say is that given what I do, Monday morning is the same as saturday evening... or the other way round :-)
Your one person I am going to watch very closely...
:-))
Next article plz...
Post a Comment
<< Home