Friday, December 21, 2007

micro Fin

i had always been a fan a warren and i believe in doing what i love ,
i love making money , i love people and popularity .
but if i have to put the same in terms of career , then i donno whats the best thing and what i love . ill take some more time to discover.
may be a businessman , politician , a teacher .

last night i saw 2 hr vedios on bill and melinda gates foundation and the big billion dollor donation from warren .bill is to drop as chief architech and taking full time in foundation , i heard them say all the things they are doing . they are going to save 10 mil people in 10 years , hooo makes the foundation sth unbealivable. that must make ur life so much worth living . hats off to all the billionaires who are making this possible.
and this ultimately drives to a point of thought and also me waking early .


so i had this wonderful dream , why not be a agent that comes at a cost .

the idea is MICRO FINANCING AT A LARGE SCALE.
yet to define how small is micro.

i always tell people to think big while trying to do business, but for this time , i wanna think as small as possible.

the random ideas i got are like ,
inviting all the people who lack good food and education for their kids , to start up their own small thing.Ill take my money , and use for greater good. i reinvest in india inc or micro fin , watever returns better and make be feel better.
i would rather invest where i see my money.i want to beat all the figures in the market and thats very likely to happen when i work these things.
what i wanted to do is business and not philanthropy , but why not do sth that makes me feel like iam making peoples life bigger and happier. i can give education to great number of people and make their dream come true , thats a great feeling. i got all kinds of thoughts and ideas.

this is my dream . i dont want to go this waste.so i put it here. i didnt thought of nuts and bolts of this , but this is a wonderful thought i got .

i invite who read this blog to discuss on this. ill write more on this thread. chk and drop some ideas.

great day.

Sunday, December 16, 2007

CFA L1

I took my second attempt at CFA this december ...its was really really close but no there .

i couldnt do my first in time , but ended but doing the second one 30 min earlier ...

so the big factor this time was my concentration. i missed in the first hours,


some tips from my experaince...

try to do the FSA in the last ....
try to do ethics and prfolio mgmt and alternate inv in the first 30 min .
then go to fixed income securities.
then qunt and them fsa.

this is my comfort zone.. so try to find urs by trying couple of practice exams .


best of luck comming june.

Just education. MS in financial risk engineering.

abt my course : financial risk engineering.

4 sems.
sem1. focuses on basic requirements and inputs needed .. accounting and ratios. quant .
sem 2 .. advanced accounting .. for derivatives and learning options.
sem3.. eq analysis ,, bond anaylsis. .. and other fixed income instruments
sem 4 .. all advanced topics ..

this is course concentrates on all the quant and statical elements related to finance
for ex.. measuring operating risk .. and the course doesn't put you to learn all the techniques ..
but it will demand you to learn the regression techniques that are need when are to come to a stand-alone figure..so who ever are planning to take this course ... prepare your self for the required knowledge .. then delve into the quaunt requirements of the domain .

but when i think of finance in general this is not i thought of. so this is one of the reasons why i want to write this , and u take a informed decision.

best of luck