who says mirrors don’t lie ?

Seriously have no clue about the one I have at home… I guess it must be rare eh !? Do you think I could auction my mirror as the rare species and get enough money to buy that car I so badly want to own now ?! Is that possible ? I mean the whole world thinks I have put on weight… I on the other hand always gauge my weight by haath firaving on my belly and now a days after one month of jogging 5 days a week I actually really feel I have lost on weight. Atleast I have lost inches, when I look in the mirror too I feel ah… finally no belly visible.. no Paunch as they call it .. my mirror smiles at me and tells me … sexy boy… the moment you go out of your house… you are going to be chased by every girl on her activa and scooty… but alas… sigh…  every soul I meet will never say Man you look thin… I think I would actually jump and smack kiss him/her than and there for saying that… Sigh… everyone will have their own stupidly, irritating way of saying one of the other @@!#$#@$ line… :-/

Something that goes like this…

“bhai… bahu body banai didhi ne…!” That actually means literally bro you built a great physique… but you know where they are coming from…

$@@%%$#@!! Whatever… ! :-/

A wish…

I don’t remember exactly which movie it was…. but I remember clearly…

 

In a village a girl was raped and she complained…. the guilty was caught and brought to the Sarpanch of the village and the punishment was pronounced that he marry the girl and stay with her all the rest of his life….

 

I am pretty sure you all also would have seen such movies and such sort of justice, if you would call that justice, meted out. I now realize how thoughtless we, the directors and the society was back then… Just come to think of it… Such a horrible punishment for the girl actually instead of punishing the guy !!!

 

I wish someone today would direct a movie and make Ranbir or Srk romance a rape victim, try to woo her and marry her…. or a film where a victim becomes a huge business tycoon and doesn’t let a rape affect her life…. I guess the film wouldn’t be a commercial success but it would go so so far in shaking our deep rooted conditioning over so many years….

 

I have been talking to so many people who think and agree the girl is at no fault that she was raped but however will also concede that she has almost no life after rape… I don’t know if rapes will stop… they seem to exist in all societies all over the globe… but… shouldn’t our attitudes towards the victims change???

Gloom and doom !

These days the equity markets have been going down quite steadily, especially in the last 2 weeks add to that the Rupee tumbling to new lows.. and a lot of us investment advisors are actually facing a lot of free time and actually for a change this is not a free time we are having out of choice or something we like. Some like me spam FB half the day since business is slow !

 

Also it is during this time when all advisors get together and are always complaining how bad is the Financial Literacy in our country where most people don’t understand anything outside FD, Banks, PPF or Post and how badly even the so called equity investors behave. We all mourn together on a tea stall ! :-/

 

I just came across this amazing stat forwarded to us by HDFC Mutual Fund and was awestruck how badly do retail equity investors behave. I couldnt help but share it here with all of you !

 

As you can see in the above table the retail investor was crazily buying equity funds in March 2008 at the highest P/E. If you were following the Sensex you will certainly remember that in January 2008 the sensex touched 21000 !! Since then when the markets have gone down and the P/E’s are shrinking in the last 4 years (2009-2012) the cumulative inflow of retail investors in Equity Funds is negative (-6000) crores !!!!

 

In short the retail investor is time and again mistiming the markets, he invests in good times and runs away in adverse times where as he should be doing exactly the opposite.

 

I would just like to remind you what Sir John Templeton said, “Bull markets are born on pessimism, grow on skepticism, mature on optimism and die on euphoria !”

 

Needless to say that there is only pessimism that we see all around, but times will change, I am sure. 

 

p.s for anyone who is even more keen to learn & know about the current market trends I can mail you the complete report by Mr. Prashant Jain Fund Manager at HDFC Mutual Fund.