At Wall Street, they say 'Money Never Sleeps' and much closer to home, it's quite the same at Dalal Street. Pandemonium becomes king of the trading floor. Numbers, numbers, numbers, everywhere. Here, we find transactions worth millions of rupees taking place with the click of a button, new data constantly pouring in being analysed with the blink of an eye and decibel levels soaring with people trying to make that perfect trade at the opportune moment. And they all have one goal: to make money. But there's so much more to the world of financial decision making than just that. There's the decision making process to be considered, there are the policies in the country that affect the functioning of the firms, the regulations in place and of course, the general economic conditions at large.
This blog contains my thoughts on select aspects of the financial world, both national and global. While this is not meant to be a full fledged analysis it merely conveys my take on some economic and financial events happening in India and around the world. With a background in commerce and an interest in understanding the behavioural aspects of finance and economics (albeit, with rudimentary knowledge of it), I chose to call my blog Flip-Flop Finance for two reasons. I wanted to present my take on every-day financial issues, but in an informal manner, with flip-flops and not close-toe shoes. I also want to make it a point eventually to understand the psychological aspects of these issues, and understand irrational and rational decision making, the dilly-dallying of the mind in making decisions we believe will benefit us.
This blog is thus, not just about money matters, it is an attempt to present a simple yet objective view on a range of topical and influential financial issues, through my lens.
Happy Reading!
Comments