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Showing posts with the label money

Foolish Trends

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  Trends move the world. It doesn't matter who we are, where we live, what social strata we belong to, or how educated we are, the world, and the society at large, moves in trends. Ideas, social norms, thoughts, products, people, books, political ideologies, and everything else, that everyone seems to be going towards, and sometimes like waves, die out as well.   Trends are real A woman in Los Angeles tries out a new restaurant because it's ‘fashionable’. The hype is so great that she herself ends up hyping it up. After all, it's considered ‘trendy’ to be seen here. Similarly, liberal human rights activists suddenly out of the blue, starts to tweet against what is happening in South Sudan because George Clooney started campaigning about what is doing in Darfur. It's on peoples minds and being a human rights activist A trader in New York buys up Amazon stock. There was a great news article probably published by Amazon’s PR but it has pushed higher and the trader's in...

The fallacy of British Raj on the Subcontinent

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The below discussion was a result of an argument between me and an Indian nationalist on Quora.  This might be considered controversial, however, I feel facts or more important than nationalist feelings and propaganda.  Feel free to leave a comment. In my discussions with many Liberal Indian Nationalists, I have come across a sort of victim mentality and bitter resentment towards the British Raj on the subcontinent. The 'complaints' are of two nature in my experience. The first is that the 'Indian Subcontinent' was looted and it was this money that financed the Industrial Revolution in mainland Britain. The second is that if the British had not 'looted' the subcontinent, it would have been a far more developed and prosperous land. More conservative Indian religious nationalists also make a similar argument against 'the Muslims'. However below I am only going to discuss the claims against the British. To begin with, it is important to understand that when...

Great times for housing real estate in Pakistan

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  Investing is not an overly complicated process if you have the basics right. Everyone wants to be like a techie, sitting in front of the computer, clicking or typing away, and making money. But the reality, as many have already said, is quite boring. It requires research, grit, and also knowing one’s own preferred style of investing which can be based on the ability to take the risk, family background, available resources, aims, and so on. I myself have always been interested in seeing opportunities arise through reading macroeconomics and wider trends in the economy. Without a doubt, I read a lot and my intuition (the ability to see patterns) plays a role as well. This doesn’t mean I am Nostradamus, or that I can actually make money in the markets. However, I can write about what I feel are good opportunities. In 2012, it was quite obvious to me that the US is a great market for real estate investment. At the same time I predicted that by the end of the decade, Pakistan’s water ...

Algos and the Madness of crowds

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This post is based on a thought I had after listening to Bilal Hafeez on his last appearance on Bloomberg, talking about the impact of the coronavirus on the markets. I am not an expert in finance by any means and Bilal is essentially a veteran of the industry. He discussed what many others before him have spoken about as well. Algorithmic trading is now a massive part of global financial markets and trading. The thinking goes that because machines are doing a lot of trading, it is possible that they will make irrational mistakes and make the market crash eg during the recent Coronavirus incident. Modern Algos: Algorithmic trading is essentially now mainstream. The biggest and most successful of fund of them all is the legendary Madallion fund run by Renaissance Technologies. The fund uses leverage but is capped and not open to outside investors. It is arguably the most successful fund of its size. However, RenTech and its many funds are not the only players. Citadel is als...

Nudge: Getting started is half the battle

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We daily encounter situations which are uncomfortable. It can be talking to a boss, going into a meeting and for some even getting up to take a walk. Whatever the case, anxiety provoking events are common and everywhere. For severe cases of anxiety or panic, which may be due to some form of trauma or even a deeper mental health issue, I would recommend seeing a professional, however for everyday life, there are many techniques that one can use and one of them is 'nudging' We we need it: Many situations in life make us question ourselves i.e our self concept as well as our abilities. Going into a meeting a young graduate may think that they dont belong there or they cannot contribute enough. Similarly a new CEO may wonder if they have what it takes or even if they are meant to run a company. Such self doubt is common and is often accompanied by even questioning ones role or position in particular situation. However often these are situations one can either not avoid, or p...

Disease of Perfectionism

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Perfectionism is great, but when it becomes an obsession it can ruin your life.I have an obsessive personality and I get phases of perfectionism that transform into something similar to OCD and they ruin me. I burn out while studying, I burn out while exercising, hell I even burn out at work. Perfection is bad but there is more to it than just that. The Good kind: Perfectionism, the need to be perfect, the need to be better every time, the need to out do oneself is great. Its the engine of human and societal growth. This passion to be better and be right and grow, has taken the world from the stone ages to today. It is this perfectionism that has provided passion to artists, scientists, businessmen to do great things. It is this perfectionism that has made a mother great at parenting or a coach help their student. Perfectionism in and of itself is definitely great! The Bad kind: However perfectionism, the need to be perfect, every single time, to be better than before, to push ...

Stories that change life

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                                               Magic The legend of the magic lamp was very famous around the Baghdad bazaar. Tribesmen, tradesmen, women and children, everyone has heard about the magic lamp buried somewhere in  the desert. Anyone who possessed the magic lamp, would be able to command the genie to do anything they wanted.  It was rumored that the magnificent palace of Baghdad was built by the genie of the lamp when the Sultan possessed the lamp. The lamp was lost by the Sultan during a battle in Mosul. He searched for it for a 100 days and nights and returned empty handed from that battle. It is believed that the lamp is still buried somewhere in that desert.Many had tried to search for it themselves, wasting away time, money and energy, but never found it. Ali Shah was just another boy. He used to hawk oil lamps in the Baghdad ...

Powerful Technique to Clarity

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Confused Confused, indecisive, procrastinate? Sometimes we just cant make sense of things and because we cant make sense of things we don't take action. Of course, nothing is more important than action but when life overwhelms us with choices, information, chores, sometimes it becomes difficult to look past the immediate and take a birds eye view of the grand perspective. There are many such instances where we can simply not think right, ranging from small everyday things, starnge annoyances, all the way to big life decisions eg 1-Buying a new smart phone? --we can be confused about specs, pricing, plans etc 2-Eating out, where to go?-- what to eat, why to go there? 3-Do my classmates hate me? --why do they laugh at me? why do I have so few friends? 3-Which university to go to? --what will it cost, what will be the return, how far will it be from home? etc etc etc Once we convince ourselves that there is a path forward, we can break through all the clutter and cle...

Before you start university, read this!

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I believe everyone should read this simple and short blog post of mine before they start university. I am not intending to give 'self help' and 'personal growth' advice over here. There are millions of books and webpages out there. All I want you to do is to look into yourself and hear what you say. That is it. Hear what you say to yourself. Do you tell yourself you will be the next Steve Jobs? do you tell yourself that you will be the best athlete at the school? or do you tell yourself you will out do everyone in the class? whatever it is, good luck and I hope you achieve it but remember that you know exactly how to achieve it. There are no short cuts in life and if you are smart enough to be going to university, you already know this. However like anyone, you may need a reminder. You know how much you have to give to reach your goals, you know who to talk to, you know what is to be done. Do not just dream, follow your inner wise person and do it. You ar...

Why do we feel we need more?

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One of the most prominent problems in society today is that we feel we need more. If you are a businessman, you need to grow the business. If you are an athlete, you need to win the biggest prize, if you are a student, you have to be the best. This is a result of the hyper-competitive, individualistic, achievement oriented civilization that we have become. There is nothing wrong with that in itself.  The system has given us great athletes, scientific breakthroughs, wonderful companies that have gone on to make our lives better, medication that has saved lives and world leaders that aspire to work for the greater good. However it has also created a society that is forever looking for the next big thing. The next technique, the next product, the next investment, the next goal, the next prize. For sure this is what human beings and the growth mindset is, but does it really make us happy? To be happy, we need to convince ourselves that we are great, lovable and worth indiv...

Why we should talk to other people

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No one wants to talk No one wants to talk to other people these days. Watssapp, yes, text em, yes, go and talk .....uumm..maybe some other time. It is no secret that we all want to be individuals, self reliant, and happy in our own little bubble. But human beings were not meant to be this way. In fact, having a good social circle and relationships around us is one of the fail safe ways of achieving happiness. Everyone knows this intrinsically, but are just afraid of it. Why? Bad moments! In any kind of a relationship, there is the 'good', with the 'bad'. Your best friend may have a fight with you, your loving mom's annoying habit of feeding you cake may drive you mad, or your niece is unbearable when she is nagging to take you to the park, however this is completely normal. The problem is that everyone wants to simply cut out the bad and in doing so simply cut out the person from their life. Not only do they leave out the bad but they leave out the 'good...

You need to reassure yourself!

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Everything we do starts with a question. How will we get that job? how can we start to get fit? how do I grow my company? There are so many questions we have to deal with regularly and often it seems that we have no answers. This sense of 'not knowing' is a big source of demotivation to get something started in the first place. We get so overwhelmed by the problem, the unknown and the task ahead that we either try to find a short cut, that never works, or we delay our plans further ahead. Days, weeks, months and even years go by before we even take  a step in the right direction. However the reality is that we do know the answers to many questions, problems and issues we face. They might not be perfect solutions, as one cannot always get a perfect answer to everything, but certainly these answers can help us set foot in the right direction. Let us look at common issues one by one. How do I lose weight? the answer to this question is not rocket science and not beyond the...

Money, Wealth, Health and Happiness

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Everyone truly knows the path to money, health and wealth. There is no secret to it. People have known how to achieve these things since the dawn of time, yet the reason why so many people are searching for the answer is that they are searching for the 'easy answer'. Everyone is truly out there looking for the shortcut to success, fame, wealth, fitness, weight goals, achievements etc. There truly are people who  get lucky and there truly are ways that can get you to your goals quicker, however the underlying principle is hard work, patience and a general positive attitude. We have convinced ourselves that there is a short cut and it is somewhere out there. We look for that short cut all our lives, waste years and years looking for it until others, who go through the pain, the hard work and at the same time, have fun, seem to get all the rewards, slowly but surely, beating us to the goal post, over and over again. Let us look into different areas of life separately and see...