Didn't go for workout even today. The wait is excruciating, cant seem to concentrate on anything. Staring out of my window, I have seen the Bainbride ferry go by 10 times already this evening. Next couple of weeks will continue to be very difficult, at least I will learn the complete evening schedule by then.
Trying to keep busy in any way possible. Read about Greenblatt's Magic Formula for Investment in his new book. Its a good idea, although there is nothing innovative here. Everyone knows: Buy High yield and with good ROI companies, but no one knows what the future yield or ROI will be. Backfitting strategies into past performance makes any strategy look good. But how do you stretegize when you don't have numbers? Greenblatt gives you the numbers but there are a lot of retailers at the top of his ranking, who can go bust overnight. How do you know then that by going for heigher yield you are not buying more risk ? You still have to do your research says the fine print. For most people like me the transaction cost itself will eat away a big percentage of gains. Thank you Sir! I will stick with my own little index fund strategy. On the other hand may be I should give it a try, at the very least it will keep my mind occupied. Naah! its too costly an indulgence just to distract myself, counting ferries go back and forth is much cheaper. :)
Damn the test match is also not going anywhere. When push comes to shove Team India is the first to chicken out. Bunch of bozos.
Tuesday, January 31, 2006
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