Bijay's Blog

Right Investment Currency as a medium of exchange may go well beyond its popular definition of notes and coins. The bullion and real estate are best investment avenues as per conventional perception besides casino banking products. But so far as the the literal meaning is concerned all possible mediums of exchanges are currencies. As per economics, the intrinsic value of any currency always depreciates if not invested properly. Nevertheless, right investment always protects the future. The technology itself, a high denomination currency if not invested timely, could secure legends to fall. The pioneers of the respective product segments Nokia and Kodak are already case studies in business schools. Mere reluctance to adopt right technology on time could engineer dramatic change in market dynamics. Besides, investment in research (not limited to technology) is key to sustained growth and a secured future. Time is most important form of abstract currency because "Time i...

Give What Matters Most “You give your children enough money to do something but not enough to do nothing.” A famous line from Oscar winner 2011 Hollywood flick, "The Descendants". Based on a well-known quote from billionaire investor Warren Buffett in a 1986 Fortune magazine interview that 99% of his wealth will be donated to charity either within his life or by his death. I don’t want them to grow up spoiled. I’m not rich enough for my children to afford services for the super-rich or swanky lifestyles in Meadow Lane, the so-called “Billionaires Lane” in the Hamptons. But I also know that if I left them my fortune, they would not appreciate the value of money. The most important legacy that we can ultimately leave them is not money but the life lessons that we have imparted to them that will enable them to live their lives well. In other words as the local idiom goes, a capable heir could earn everything on his own and an incompetent spoiled one looses ...