Skip to main content

Super-Pi Day: 3/14/15 9:26:53

Let's celebrate Super-pi day with 10 digits in famous "pi" aligning today with 3/14/15 @ 9:26:53. Some math and science geeks are planning to wed exactly on that time to show their love for each other and for mathematics. Today also happens to be Albert Einstein's Birthday!
So I am happy that my son Yash is going to spend his morning volunteering at Tech Museum and Isha would be spending her day participating in three events at Science Olympiad. Well done kids with your pursuit of science and math!
Now coming to my events in finance world. March always have been quite interesting (2nd to months of Sept/Oct). 15 years back Nasdaq reached its peak (above 5000) in March and it touched 5000 just few days back just to fall back. In 2009 markets reached it's bottom on Mar 9 and this year oil markets are reaching it's multi-year lows in March. Even in currency markets, Euro and Yen are reaching multi-year lows. Euro is racing towards parity with US dollar and should reach by end of March. With so many multi-year events happening in span of few days, how should we interpret these macro and micro events to make investment decisions?
Here are my simple recommendations:
  • Markets would do what normally they do - they go up and down in short term. So don't pay too much attention to these daily gyrations
  • Select industry (to invest) which you understand and could form some educated opinions
  • Invest for long-term in companies with solid fundamentals in those industries
  • Invest small amounts in some speculative stocks which could potentially return "Apple" type of returns (Apple would have considered speculative stock in late 90's)
  • If you can deal with so much complexity, just invest in index funds (S&P500, mid-cap and small-cap)
  • And above all, just enjoy life one day at a time with days like "pi" day, Cricket world-cup matches, walk on sunny day or nice movie!
Happy pi day to all!

/Shyam

Comments

Post a Comment

Popular posts from this blog

Clicks to Tokens: Will 2026 Echo 1998's Boom or 2000's Bust?

My "blogging" was in hibernation last 8 months due to my self-imposed restraint given the environment as well as built-in inertia to get started despite so many interesting events and markets reaching all time highs after taking a big dump around "Liberation Day" in Apr...Around that time I had the blog ready that it would be repeat of Mar/Apr 2020 panic and recovery during onset of Covid Pandemic. The hunch happened to be correct and I was glad that I could keep and take some positions which I am still holding especially around AI theme. But that was then...as 2025 is about to wrap up in 10+ weeks, let's look at what's in store for rest of 2025 and 2026. And what's better time than to start writing again just before one of the most important week on the calendar with multiple key events coming up next week... Fed meeting to decide the course of interest rates - it's almost guaranteed that Fed will cut rates by 25 basis points (2nd time in 2025) and...
Post a Comment
Read more

2026: The Year of Convergence – Melt-up, Moonshots, or Mid-cycle Correction?

Happy New Year! After another period of self-imposed hibernation from the blog—partly due to the festivals, travel, intertia and partly to watch the dust settle on a chaotic 2025—I decided to use the quiet of this New Year’s morning to finally reboot.  Looking back at my October post,  “Clicks to Tokens,”  the hunch about the AI theme held firm. We spent much of 2025 debating whether we were in 1998 or 2000. As we enter 2026, the answer seems to be "neither and both." We have the roaring optimism of the 1920s fueled by "Silicon Spirits," but with the high-speed volatility of the 2020s. So, as the calendar flips, what is in store for 2026? Markets may experience melt-up (S&P touching 8000),  with some moonshots (like SpaceX and OpenAI) IPOs or even see mid-cycle correction bringing down S&P to 6000. That's a wide range and will be decided by Four R's... Here are my thoughts on the " Four R’s ":  Rates, Robots, Rotations, and Real Assets. 1. ...
Post a Comment
Read more

Rockets, Relics & Roaring Markets: The $4 Trillion Crossroads of 1927 and 1999

Happy (almost) Summer! After watching Kevin Warsh get sworn in at a White House ceremony two days ago, tracking three S-1 filings that could collectively hoover up more capital than every U.S. IPO since 2022 combined, and watching 26-year-old stock charts finally break to new highs — it felt like the right moment to ask the uncomfortable question out loud. Are we at a party that ends gracefully, or one that ends with the furniture on fire? The market is simultaneously flashing the neon signs of 1999  and  the orchestral excess of 1927. Most commentators reach for the dot-com playbook. I think the original Roaring Twenties is the better map. Here's why... Assembly Lines to AI Clusters Ford's River Rouge complex was the largest industrial facility on earth in the 1920s — raw iron in one end, a Model T out the other. Steel, rubber, and oil became the picks-and-shovels of the age. GE and Westinghouse were electrifying factories and homes. The infrastructure buildout  was ...
Post a Comment
Read more