Sunday, 6 December 2009

my take on roads, education and power situation…

Heard about India Shining? I did some time ago…The growth story of India has been good especially during the times of global recession…When some countries are facing huge financial crisis, India managed to live with the recession with a good GDP (Indian economy grew by 7.9% during the last quarter, real good number). The BSE 500 Index grew from a low of 3500 in Jan 2009 to 6000+ by November…a remarkable growth.. Better national highways, good number of jobs, etc… All said so far about India Shining, but not everywhere. Recently visited Bailhongal (about 40 kms from Belgaum, Karnataka).. once upon a time, the town had good roads…and the condition of the roads now is real bad, actually, one cannot say with confidence that there existed a road! Similar experiences across some towns in Maharashtra. While on the other hand there are excellent roads, the National Highway Golden Quadrilateral and Bangalore-Mysore Highway for example… Power cuts for almost of 4 – 5 hours in a day in towns and smaller cities just show that Govt babus’ and the elected leaders must really work hard in improving the roads, power situation, and also the quality of education. Last year I met a few MBA grads from colleges from different parts of the state. I appreciate few grads who were exceptionally brilliant while a lot of them were not aware of basics. Some unaware of the current affairs and the market trends, while some not aware of what needs to be looked into when predicting stock markets, and some not aware of the basic balance sheet equation..that was a terrible experience…Quality of education at the primary and secondary levels is great. A few books from NCERT I read in the last few weeks are good, the syllabus is up to date. In my opinion, the college education needs to improve. Even though the syllabus at the graduate levels and post graduate levels are up to date, the examinations need to be made stringent. Exams need to check the ability of students understanding of the subject and they just should not act as a easy gate to pass by. Question Paper pattern look easy for a person to study during previous few days and pass the exams. More objective type questions and only a few essay type questions may be a good one. Lot of essay type questions will just welcome lot of paper wastage with no good answers. People may just end up writing stories or write the same sentence first in active voice and next in passive! While some leaders have said, youth are the future of a country, therefore the youth need to be made intelligent enough to drive the country in future!

Wednesday, 2 December 2009

google wave - review

Initial look at the google wave since I started using looks great.. The best way a technology is been used to make conversations real-time. More to follow…Still it needs fixes in terms of some issues. One – While you try to resize the window(s) in the wave, its little slow. Have not tried it on Chrome, guess it would better perform on Chrome than Mozilla as Chrome is from Googles basket of offerings…

More to come on gw review..

got to write…

Searching for the best methods available for an article to be written on the stock performance. Statistics, Trend Analysis, Fundamental approach, Technical Analysis…etc. All these methods give a good insight on the performance of companies… While I believe in Fundamental approach which is the one I would prefer anytime..however given the herd mentality in stock markets..one needs to look at technicals. Well technical analysis is for those investors who act like a passenger in the shareholding pattern of a company while fundamentals is for the long term and investors… Market anomaly! still needs exploration…