@CoolBird I too had a similar notion about creativity being limited to art, culture, media, advertising etc. But later I my views changed. 5 years back when I joined the company where I am working today, the same day a new brand was launched and I saw the impact when the stock prices of the competition brands crashed and the inside news was that there was complete silence in the office floors of the competitor brand. That was my introduction to the stock market.
While working in this organization and how they manage things, money matters, financial engineering, stock, press releases, AGMs, business strategies, when a competition bullies, when something disappointing happens, when a product fails, how a crisis is managed, I learned that creativity is not restricted to only art and culture, etc. How you live your life could be creative. How you manage money could be creative, how you run a business could be creative. It’s a way of life.
Regarding investment, it’s a lifelong process. Again, taking cues from coding, minimum lines of code, minimum resource utilization (CPU cycles, memory etc, disk space), in investing too the same principles apply - low cost/ expense ratio, low churn, maximum return, lower taxability (i.e. output) of that effort (input). And constant optimizing. Earning treturns, double the inflation for a long term takes care of all your needs and you can sleep peacefully in the night. Kabira says - साँई इतना दीजिए, जामे कुटुम समाय। मैं भी भूखा ना रहूँ, साधु न भूखा जाय।।
I am still learning and navigating and this forum has helped me a lot to grow, experiment, make mistakes, fail, learn, celebrate occasional successes. Reading others, debating with them, contradicting them, getting your biases and prejudices broken, doing research, talking to people, listening to them, understanding their views, etc. I find new ways to approach things. It’s like seeking truth.
Investment also has a different dimension to me, in a spiritual way, the base, it’s all in nature. We’re just making derivatives of one thing and another. In the truest sense, we are just fooling around in this world. The best investment is in ourselves as individuals and the earth. I read somewhere recently someone tweeting that I hope all these billionaires succeed to go to space and mars etc and then find out that there is nothing out there, we only have one earth. The present needs to be nurtured and attended to. People value bitcoin because it is in a limited number in circulation. The day people realize the natural resources, water, soil fertility etc even our breaths all are also limited, they would be forced to see investments from a different lens, and not just monetary terms or XIRR returns, which is just one derivative product. Maybe then people would value life more.
Rakesh Jhunjhunwla is the biggest bull or investor in India. Right? With no offence or disrespect to him, and I apologize for what I am going to say ahead - all that he has earned is money. If you see him, you know that he has abused his physical body his entire life. Health is wealth, they say. He may have earned too much money so that his next few generations can live happily. But at what cost? What is the expense ratio on his life and health? The biggest market cap company in India, what’s its expense ratio on planet earth?
Again, nothing personal here, but the point I want to make is when you see wholistically, things may not be the same as they look at the outer. Electric vehicles, people going crazy about it, what is generating the electricity that is charging the batteries? Coal. Taking from nature again or rather abusing it. Bull run, bearish market, what do they say? They are again saying that the market is like an iron bar and when you bring a magnet near to it, the domains which were aligned randomly get all aligned in a particular direction. Laws of physics. So the underneath of the stock market is human behaviour only. The people underneath the marker behave in a certain way. All buying or selling. What’s making them do so, again some or the other form of communication. Some see the derivative of it in charts and numbers, some see it in the wholesome view of it.
Ok enough said! I can go endless on this, but I would stop here.
@nithin @siva, sorry, I went off-topic, if you feel I have crossed the community guidelines, please feel free to delete the posts.
Taking a detour, coming back to the topic, Coin needs attention. It has the potential to be a good product, and investors want everything at one place. Investors don’t want to keep hopping from this platform for this to that platform for that. Coin needs the attention it deserves. I hope my constant push is taken in a positive way.
On another lighter note, Coin team please bear with me if my external audit and review affect your appraisal