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Call It Chance , Call it Fate …….


There is an element of Skill, Smart Work, and of course Hard Work behind any Fortune.And Prudence definitely helps in making and hanging onto it.But there is really another big variable……call it Chance or Fate……a combination of events that might just never again be repeated.Perhaps they are unique events meant to happen to the individual,or its all just random…..Nothing illustrates this better than the following series of events from Ramkrishna Dalmia’s life.

Ramkrishna Dalmia grew up in penury in Calcutta during the 1930s’ Depression.He was twenty-two when his father died and he had to support his mother, grandmother, three sisters and his wife in a single room that he had rented for Rs 13 per month. He was desperate to get rich quickly.

He speculated in silver and lost and suffered the humiliation of defaulting on his debts. Declared insolvent, he became persona-non-grata in the bazzar. Read more of this post

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Hear It From A Real Life Hero


wealthymatters

Lakshmi From Mythology


Not that there is anything like a common mythology amongst the diverse peoples of India,so its no surprise that most of us should be quite ignorant of common tales from elsewhere.

As Lakshmi is a pretty popular and widely accepted in Indian homes,its enlightening to study her tales to get insights into how others might think about wealth.

So here’s a round up of Lakshmi stories by Devdutt Pattanaik.Enjoy!

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My Thoughts On YES Bank


wealthymattersPersonally I dislike being compelled to deal with murky businesses, taking on unknown and unknowable risks with my finances and gambling with the lives and well-being of myself and dependents, simply because those in the government think that we can all be compelled to be more honest by dealing via banks and serve the country’s development needs best by investing in financial products. Now as I’m hardly the type to keep my discontent and opinions to myself, I’ve also been one of those howling for a thorough overhaul of our banking and financial system on a pretty routine basis. However, I also believe that when the system delivers, we need to appreciate the breakthrough made. There is much around us to criticize, but let’s not allow our negativity to undervalue the good in what we have at hand. So let’s take a step back and evaluate things a bit. Read more of this post

Diwali Thoughts


 

Happy Diwali !

Here are some profound thoughts on commerce and wealth drawn from mythology to reflect on this Diwali.

I’ll be sure to follow-up with an English synopsis ASAP.My apologies to all readers who don’t speak Hindi.

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