TALENT

Everyone living on this earth is different from one another and it is no short of a miracle that God has created each one of us unique. Sometime I wonder how does he keep us unique, must be some complex code or something which would beep every time there is a replica so that he could tweak something or other. Anyways it is his problem and let him deal with it. but it is true every one comes with a talent like some people are fast learner, some are artistic, some are good musician, some are good with numbers, some are good with public speaking, some are good businessman etc etc. So the important thing is to recognize what is unique about me. After all his (GOD) hard-work shouldn't be wasted.


During this short span of life I have witness many individual who have not done justice to there talents like for example in my school days there was a boy who was great painter but choose different profession, although he is doing good but I feel he could have done much better in this field. But on other hand there are also examples of people who have realized their talents and are doing great for example during my college (IIT KGP- civil Engg.) days one of my batch mate realized that he is very good in poker( Card game based on calculation) although he took job after college and did job for one year but soon realized his expertise lies somewhere else and quit his job and started playing poker professionally and has been doing exceptionally good.


Hence to optimize one's potential one have to be very clear in his choice, but unfortunately in India one doesn't get this opportunity at a appropriate time. It is the duty of the government to provide this opportunity to every individual at the correct time. So it is the high time for the government to bring radical changes in the education system so that the immense potential of our youth don't get wasted. If we look around the world India is among the few lucky countries which have majority of its population in the age band of 20-55 years. And it will remain like this for another 50 years, thanks to the people of UP and Bihar.

Risk and reward

Risk is the integral part of life. Every decision taken small or big have a risk factor associated with it. But the real question is what is risk reward situation.

People associated with financial institutions are quite familiar with this term because it is the part of there job profile. When bank grant loans the jugglery the loan officer do with number before announcing the rate of lending is actually the calculation of risk and reward. If someone have a stable job and assets which could be easily amortized to recover loan he/she would get loan at base rate but if someone have neither of these two there is a risk that he/she wouldn't get a loan at all!!! the primary reason is that the risk to reward situation is not in the favor of bank. 

Even in stock market risk to reward is the key driver, every trade big or small have a inherent risk associated to it. Whenever a call is given both target and stop loss are mentioned, the target is as important as stop-loss because it is the stop loss which determine the risk associated with that call. So there could be 3 scenarios:

1) Target - CMP > CMP - Stoploss 

2) Target - CMP = CMP - Stoploss 

3) Target - CMP < CMP - Stoploss 

Obviously in the first scenario risk to reward is the favor of the trading call and it would be advisable to take it but it is not that simple and various other factors are also involved in it. And these stop-losses and Targets are generally derived from the various statistical and graphical analysis which takes into account various triggers and factors. 

But when some decisions is taken in real life the calculation of risk to reward scenario become very complicated because it involve factors which are not know to us or are not fully defined. that why it is very critical to take informed decisions. Decisions based on correct information mitigate risk factor and improve risk reward situation

So the saying- " bigger the risk sweeter the gain" is basically "better the information, lesser the risk; and lesser the risk better the gain"