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Interviewed: Moneyoga's change of plans

Deepak Shenoy1 min read
Quick Facts
What is "Interviewed: Moneyoga's change of plans" about?
What category is this article in?
General
Who wrote this article?
Deepak Shenoy, Capitalmind's research team.
When was this article published?
Published 25 August 2008.
How long does this article take to read?
1 min read
What topics does this article cover?
Moneyoga

Kamla Bhatt has interviewed me on our recent change in plans - to move to the new algorithmic trading concept.

The point is not to predict; it’s to react. You cannot control what will happen; you can only control your reaction when it happens.

Unfortunately we tend to panic as a group. Our markets have had age-old sayings - the equity markets will always turn around, that

real estate prices can never go DOWN, that we are “decoupled” from the U.S. credit crisis, that our banking system is much more robust, that inflation is no big deal. Slowly and steadily, each of these phrases is getting question marks suffixed. Tomorrow there will be more

questions, and very few answers. But I like to say - there is always money to be made from the markets. Greed, Fear, Panic or Listlessness, every emotion can have a positive rupee value associated with it.

Tagged:Moneyoga