The Objective

In my so many years of experience in financial markets in India, I have seen that most of the investors are not intelligent enough. This may include retail investors as well as some of the big shot HNIs and funds. Go to any broker's office and just observe any retail investor, you will know what I mean. Reliance is increasing, buy 100 shares (bigger fools are the ones who buy futures contracts). ICICI bank is falling, sell my 50 shares. Sometimes, they blindly follow their broker's suggestions as what to buy or sell. Point is, investing and especially trading without basic knowledge of the underlying asset, is a SIN.

Most people doesn't even know, what a PE ratio is! The objective of this blog is not to give tips or advices as what to buy or sell. The objective is to provide the basic knowledge to understand the financial markets. There are no good resources, either online or offline, which help people with such basic information. And even if its there, it is too scattered. This blog is intended to provide step by step building of fundamental knowledge.

Though I do not want to restrict myself to this, otherwise what's the point of a blog? I would rather write a book! My intention is to start with basics, move to more advanced concepts. Provide research from time to time, talk about latest developments in the financial sector, world economy and how India gets affected etc etc. Also, this blog will accept requests from readers and try to prioritize, answer and explain.

You people ask me, what are my Credentials? I will say none. I am not an analyst and certainly don't have a degree in finance. Its plain old experience. I have made huge money and also lost huge money over time. But one thing for sure, the information or the knowledge provided in this blog will be one of the best you can find anywhere, that's a promise. Moreover, I have access to help from a couple of highly qualified finance experts. So I intend to consult them before every post. Summary: I have a cumulative experience of more than 100 years in finance!

Hope the expectations are clear to you all. I will welcome any comments, any more expectations that you may have.

Someone once said - "The heroes of finance are like beads on a string when one slips off, all the rest follow". Lets not do that! Lets apply our own brain!

Lets Manage Knowledge!

Cheers!
Raunaq