Many experts have already commented on this subject, so the topic does not deserve elaboration. However, since this is just the starting point of my blog, I think it is important to capture the gist.
In 1900's, people invested to build companies and had the patience to wait till the enterprises scaled up, generated and eventually shared wealth...
The financial markets (at least in India) have assumed a totally different characteristic today. I think more than 90% of trades do not result into deliveries, probably a pointer to heavy speculation. It is a time, when smart players try to quickly multiply their money without going through the grind...
Somebody made a very appropriate statement; stock trading is gambling and F&O is gambling on gambling.
It is a system where the least informed (typically the retail investor), is always the loser. Maybe it's time for introspection (for each one of us) on how slippery the ground is !!!
So this is where I would start our journey. To set the right expectation for our readers, I would just want to say that in this world of Complex Non Linear System (the financial market) each one of us can see only a piece of the puzzle. So I just want to share my own pieces with a hope that an unbiased view from someone disassociated with this industry may be interesting and useful to some of you...
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment