Cricket & Corporate

Cricket is such a game that one can compare it with anything in life. I am not speaking this because I am big fan of this game but every person who knows little about this think in same manner. Recently when I was browsing the net, I found one very interesting article by Harsha Bhogle in “Cricket and Indian Economy” (http://blogs.cricinfo.com/wicket_to_wicket/archives/2005/11/cricket_and_the.php), in this link his knack of knowledge of game visa a vise economy can be seen. So let’s try whether we can also establish any comparison between Cricket and Corporate. This parallel will start with the characteristic both have like strategies, commitment to deliver, and last but not the least consistency. Today Indian Corporate world is growing fabulously as our PAT is increasing by CAGR of 20%. Cricket viewer is also increasing with tremendous growth, thanks to media which is all set to begin the biggest battle in earth (World Cup). India might not be in better condition to bet upon but still this is a game where every thing is possible. Every Investor bets upon Sensex crossing 15000 when Dow is not performing, but it is still humbling a lot to achieve the target. India is capable of delivering in the entire characteristic of cricket or corporate world. Take an example of India FDI which is still lagging behind China, still our Sensex performs far better than Chinese. Today Australia looks like a strong contender of world cup but one cannot ignore India, we have proved in past and we will prove it in future also.

Changing World and Thoughts: Investor perspective

I am writing this article to portrait you how fund manager keep changing there view as the time changes. Lets take an example when crude oil price was surging $ 70 per barrel every expert was saying it will cross $ 85 mark but now when it came down to $ 60 per barrel they have changed there view substantially by saying it will settle down to $ 50 per barrel. The scenario is very much same when they predict the interest rate and inflation movement. Every analyst thought that India will witness further hardening of interest rate while opposite is happening, banks are taking soft approach. Earlier when I was doing my summer trainee I used to get lots of update from every dam analyst of there respective field, doing forecast, but when ever you take those tips and purchase or sell respective stock and if opposite happen they will tell you to believe in long term investor point of view, why?

So I feel as an investor one need not pay attention to the views of the so called experts. They keep changing there views on the market and sectors more often than chameleons keep changing their colours. As investor, if you try to follow their advice you may never be able to create a portfolio for the long term. The basic principle of investment is that we should never try to time the market, but more often than not, we try to time the market by trying to enter the stocks and sectors at the right movement. If you are with the leader of that business come what may it would always give you decent returns over the long term.

So just to conclude we are living in the scenario where situation are changing very fast and the best part is most of the fund manager has no clue which way the pendulum will swing. Therefore investor should keep in mind it’s not important to forecast future but to change your previous decision by being in present.

"Neha writes by mail - It is very nice to read ur paper somewhat giving traditional touch to modern thoughts in a way of presentation.
I have gone through ur Chaniging world and thoughts: investors perspective but i am not totally satisfied it is lacking some points and in support of this i would like to add that every securities, commodities, shares etc has got their own support and resistance level in which they actually have the movement and once u understood that level u can make the investment and accordingly analyst give their views and if u take an example when sensex was at 9000 to 10000 movement every one was scared to do the investment but do u know those who have invested at that time are now enjoing and moreover it is somewhat a long term pespective if u wanna profit within a short period then it is never called an investment rather called a speculation"