While driving back home yesterday, a thought hit me. I think it was around the time I was hearing somebody talking on the radio about the business of selling money. The whole idea that for banks money was only a commodity that had to be sold to get more of the same back was pretty interesting. In many ways that puts me in the role of a person trying to budget time as a resource. Now this concept is a bit vague in my mind and probably I would expand on this as we go along but its interesting nonetheless. For any project, budgeting time works on many levels similar to budgeting money. You have to identify the activities that would consume time and then allocate time to it. So alongwith money and manpower and equipments etc, time acts as a resource. You need a certain minimum amount of time to do a job. This is expandable to a certain extent without affecting the other activity. However the one aspect that is different here is that time can be overlapped with activities working in parallel and still the total time spent would remain the same. This is a unique aspect that makes it more flexible than other resouces. If money were to behave like this then we would have situations wherein the cost of the project would be the cost of the longest activity and nothing more. So in effect time does not work in the strictly cumulative sense that money does.
Thursday, February 12, 2009
Budgeting Time - A few points
Tuesday, February 3, 2009
Gloating time
Now that I have had my share of crows to eat on the Satyam saga and question Ive had to ask myself on where we were going with regards to Satyam as a company and as an investible stock, let me announce with some self congratulatory glee that if you had been the ones pumping in money when Satyam was around Rs 25 per share , you would have doubled your money today and that is just in 1 month. The underlying logic has always been one of going against the prevailing trend and not to panic. Going ahead from here, this is what I feel will happen with Satyam:
- price will be news specific and will fluctuate around Rs 55 levels till we get concrete news on ownership change.
- and once that happens, the share will start floating along with the general sensex.
So my recommendations are:
- buy on every fall. Be prudent and dont overdo it, the general trend for this stock seems to be up only
On a different note though:
How many people today believe, that the Zimbabwean dollar is a good investment avenue. I know this will be a conventionally nonsensical idea but I have a feeling that judging by the manner in which the currency has depreciated, anytime in the future the currency starts to appeciate, it will do so in much the same manner. Again, sentiment seems very much against the currency and any minor good news will drastically improve the returns. So do we start buying our 1st billions of Zimbabwean dollars?
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