This is the first edition of the Big Mo Corner, by Mohit Satyanand.

We are all macro-economists

I got into equities due to an accident of history. My father had been a passive investor in equities since the 1960s. In the first years of this century, when the Indian equity platform shifted from paper scrips to electronic, via dematerialisation of shares, he found the transition too befuddling to handle, and I took on the administrative task. After setting up demat accounts for each member of the family, I checked the source of funds for each purchase, so as to decide into whose account they should go. Luckily, my father had kept meticulous accounts of his transaction. Also, I was just learning to use spreadsheets, so I soon had a whole mass of raw data spanning over 30 years.

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