Friday, January 3, 2014

First Blog Post of 2014

It is the third day of 2014 and our new year resolutions would have vanished and forgotten by now.

At the end of each year, people always say that we should look back and review. On the 31st of December 2013, I was lying on my bed and tried to recollect our journey through 2013.

We started off 2013 with the unsubsided shock and shame caused by the Nirbhaya incidend. It was the year which saw many legends retire - Sir Alex Ferguson, Paul Scholes, David Beckam, Sachin Tendulkar, and the latest one King Kallis.

Scams... Yes they indeed increased at an exponential rate compared to 2012. Coal-gate, Choppers, IPL, the latest Joy Ride on tax payers' money, what not??

The markets... Yes they went for a roller coaster ride - both equity and debt. In fact, there was a time in the year when we felt that debt (which is deemed safe by many investors) was more risky than any other asset class.

Inflation... Oh please don't ask about that. Onion prices rocketed upto Rs.120 per kg.

On the other side, we did witness a few happy moments in 2013. Manchester United winning the 20th title, Arvind Kejrival making a fabulous debut in the Delhi elections. Ok. Let me admit. I am hardly able to recollect more happy moments in 2013.

So, the new year has begun and let us now wish for Peace, Health & Prosperity in the years to come. Let us pray for and work towards making 2014 a much better year.

With this note, let me conclude my first blog post of 2014.
Have a great year, folks.

Cheers,
Venkat