In his book ‘Poor Charlie’s Almanack’ legendary investor and author Charlie Munger writes ‘spend each day trying to be a little wiser than you were when you woke up. Day by day, and at the end of the day- if you live long enough- like most people, you will get out of life what you deserve.’Independent investor and investing coach Vishal Khandelwal lives by these words. An analyst who quit his job at the age of 34 to focus on teaching the Aam Aadmi the art and science of investing. Safal Niveshak, Hindi for successful investor, has been his platform where he gives online training on investing. A prolific writer, Vishal spends 75 percent of his waking time in reading and learning.Vishal does not like to speak about his stock picks and the returns his investment has generated. The fact that he has been able to come out of a job by taking care of all his liabilities gives an insight that he has done well for himself.Close Vishal is known more as a teacher of … [Read more...] about The analyst who quit his job to be a teacher and a ‘Safal Niveshak’
Why defence minister should quit
Sujata AnandanEven as a question mark hangs over whether the Shiv Sena will be able to form a government in Maharashtra, or the state goes under President’s Rule, Shiv Sena chief Uddhav Thackeray has a tough task ahead of him.With the governor now inviting the Nationalist Congress Party (NCP), the third-largest party in the newly-elected assembly, to try its hand at government formation, the Sena's future is dependent on NCP chief Sharad Pawar's generosity either which way.Close The Congress which had intense consultations about supporting the Shiv Sena throughout November 11, has lobbed the ball in Pawar's court and is likely to follow his advice in toto on government formation. So with the Shiv Sena having burnt its bridges with the Bharatiya Janata Party (BJP), it is at a critical stage where it either gets to head the government if Pawar so wishes or is left with no choice but to offer inside or outside support to the NCP. related news Maharashtra government … [Read more...] about Politics | Challenges before Uddhav Thackeray if Shiv Sena forms the government
Successful traders are like race drivers. They know how to manoeuvre their way at high speeds. What makes them different is that they know what lies under the hood of the vehicle they are driving and how to correct it if there is a breakdown.The charts and indicators that they use are well-researched to the point where they become second nature and muscle memory. They do not need to think before they react; the reaction comes automatically.If you are a scalper who holds a position for a few seconds to a maximum of a few minutes, your reaction has to be automatic. There is no time to think, all the thinking has to be before and after market hours.Close Sivakumar Jayachandran (@justsiva123) trades on the high-speed race track. A scalper 90 percent of whose trades are held for less than two minutes, Siva as he is called by fellow traders was another trader who proved his mettle at the this year’s Investor Carnival held in Goa. Trading on expiry day along with veteran traders, … [Read more...] about Sivakumar Jayachandran: Journey of a BPO employee to a star trader
It will not come as a surprise if business schools soon have case studies of the Sterlite Copper issue as an example of bad governance. More than the company, it is the various state governments that have been in power that are to blame for the mess in Thoothukudi, Tamil Nadu.Ironically, the political parties that are protesting against the plant have at some point or the other, been responsible for clearing the path for the plant.Now, succumbing to the pressure of the so-called ‘peaceful’ protesters, the state government has asked Sterlite to shut down its unit. The writing was on the wall when the state Pollution Control Board was asked to seal and permanently close the plant following last week's violent protests in which 13 people were killed in police firing.Close The fact that the protesters were the ones who were attackers was lost on the government amidst the political din in the area. The chief minister had justified the police firing in the initial days. The … [Read more...] about COMMENT | TN government agencies should cop criticism over Sterlite fiasco
Three days after the Supreme Court delivered the historic judgment in the Ayodhya case – giving the disputed land to Ram Lalla Virajman to construct a temple, and an alternate 5-acre plot of land to the Sunni Waqf Board – the temple town remained calm.No incidents of communal clashes have been reported so far, courtesy extremely tight security arrangements in sensitive areas across Uttar Pradesh as well as various cities, including Delhi and Mumbai. Security has also been enhanced for the five judges, including Chief Justice of India Ranjan Gogoi, who delivered the verdict.Here is what is next in the pipeline post-Ayodhya verdict:Close Meeting with NSA related news 100X.VC to invest over Rs 200cr in startups Traffic resumes on Jammu-Srinagar highway, Mughal road remains closed for the 7th day National Security Advisor (NSA) Ajit Doval met with Hindu and Muslim religious leaders to ensure that communal passions remained under check, The Times of India reported. … [Read more...] about Ayodhya verdict: As historic SC ruling paves way for Ram temple, what’s next?