Prosperity Measured

Saw this interesting table/graphic in The Hindu, this week. The title of the article will be the matter of another blog. What is interesting is the progress that India has made in the acquisition of material wealth.
For quite a many years i have been reading and hearing that Indians are typically spiritual and have a better understanding about material wealth. I quite believed then, and this is  good proof now, that we were spiritual only because wealth was non existent in India, up until the fag end of the twentieth century.

The prosperity ensued by the crass pursuit of capital, has helped bring out the true human spirit, greed. I first heard this, many years back, in my economics class, greed is the biggest driver for a prosperous economy. So i guess the wheel has begun moving, and remember, there is no getting off. Enjoy the ride fellow Indians.

 

Lost millions in Apple stock

I am sure the news that the Apple stock hit 500$ per share and zoomed past it, is all old news now. However, no one seems to understand or comprehend the amount of money that could have been mine.

Ya. My bright instincts told me buy the stock when it was in double digits. I did. And some even brighter set of instincts told me to sell the stock when it reached or touched 300$. I did. But i cheated, and sold only half of what i held at that time. Well, so i made a killing in that sale. Only to curse my instincts soon after. So the AAPL stock has set new highs, just short of the 550$ mark.
I could have been a multi-millionaire now, only if i had a few millions to start with, and more importantly a set of instincts that actually worked. Damn it.