Rahul gives unsolicited advice

It's a good thing I didn't just blindly close the hundreds of tabs that I have open because I just read this beautiful, amazing and thought-provoking piece by Esquire (which has some amazing long reads BTW) on a wall street hedge fund betting that american shopping malls were going towards a crash . It was amazing and fun to read but at the same time there's a deeper and sadder issue of the impact this has on the people. I'm not talking about the people impact of the bet itself but the fact that a bet can be made in the first place. Two paragraphs nicely sum up the issue. “A well-documented historical pattern is that fraud thrives in boom periods and is revealed in busts,” the university researchers wrote, adding that end investors were unaware of this hidden risk, a deception akin to buying a Ferrari secretly outfitted with a rusted-out Kia engine. It could be argued that CMBS had been a magic trick all along, with big banks one step ahead, luring investors to pick a c...

[Note that this article is a Work In Progress. I will update it as I dig deeper and get a better understanding of NSE/BSE, the companies listed on the two exchanges, how they make money, their respective financial information etc] Mind the word "popular" in the title. BSE (Bombay Stock Exchange) [1] and NSE (National Stock Exchange) [2] aren't the only stock exchanges in India. There are apparently 9 currently operational stock exchanges in India according to this wikipedia article (which I have verified from the SEBI webpage [4]). Note that not all stock exchanges are the same. Indian Commodity Exchange Limited (ICEX), Multi Commodity Exchange of India Limited (MCX) and National Commodities and Derivatives Exchange Limited (NCDEX) are only permitted to operate in the Commodity Derivatives Segment by the SEBI. SEBI, by the way, is the Securities and Exchange Board of India, is the securities market regulator in India. For those of you who aren't Indians, SEBI ...

tl; dr - My New Year Theme for 2020 is Financial Literacy. See CGP Grey's video to understand what I mean by a New Year Theme. I was going through the list of channels I subscribe to on Youtube as part of an effort to highlight creators who I admire - creators on Youtube, Instagram and the internet as a whole. I rediscovered CGP Grey's channel. I say rediscovered because I obsessively watched all of this videos a while back. I subscribed to get updates from the channel but given my viewing habits and the recommendation algorithm changes in Youtube, I haven't seen his videos popup on my home page on Youtube these past few months. Coming to the video, it is an interesting take on the common idea of New Year Resolutions. He advocates for defining a Theme instead of Resolutions. He defines themes are broad areas of interest in which I can make progress instead of having a specific resolution which I work towards. For example, I am thinking of setting my ...