Unlucky Fool's Reflections

 We are living in unique times, we have access to latest stock market gyrations there are financial gurus blabbering about stock picks all day on the financial news channels, the markets after seeing a severe fall in March -April due to Covid-19 pandemic have recovered fully with SENSEX touching the new highs of 50k, the free time that people got from sitting at home in the lockdown has caused many people to join the markets, online discount brokerage firms like Robinhood, Groww, Zerodha have only helped more people invest in the markets.  Some people are calling this the biggest bull market while others are saying there are bubbles in the market, but either you are a new investor or someone thinking of joining the euphoria to make some easy money you must consider whether you should trust you savings and hard earned money to a volatile creature like Mr. Market? Let us find out. Peter Lynch one of the greatest investors suggests that before you think if a company is a good investment

 All of us have a certain point of view or opinion towards things in life, we have certain beliefs, and we all like to think that we are rational and our views are justified. We have also seen people who fail to accept that they are wrong and end up in a sorry state, this happens frequently in stock markets where people get married to their stock positions and hold them till the losses recover, lots of companies become relics of the past because they fail to adapt to the current situation , sticking to what has worked in past can not work forever in a ever changing world. A theory can be said to be rational or scientific if and only if it presents conditions that would falsify it. Your views and opinions about any topic are rational if you don't continue to believe in them blindly even after the facts show otherwise, if you continue to believe irrespective of anything then the knowledge is not scientific. Newtonian Physics is scientific because we know the limits of the domain it w

 I am of the belief that our world and our lives are not entirely in our control. There is an element of randomness or luck as you may call it that affects our lives the other element is obviously our own choices. Most people recall their childhood as the happiest time's, when there was nothing to worry about, no responsibilities to shoulder, looking ahead a child's life is full of possibilities , he could take any number of professions from being a lawyer, scientist, doctor , looking backwards people think that in the hindsight they were  destined to become their present versions. Your childhood is far more precious to your parents than yourself , most of us don't remember the way we acted, but these memories are invaluable to our parents, who still cherish them, live them each and every day.They still you see you as the small baby that was born with little fingers and toes. In the chaos of life, we fail to appreciate the happiness and possibilities that we have, and how f