Daily Business

Investing money cannot be a daily business. If you buy daily and sell daily then u r a gambler, relying more on luck. Also u r spoiling ur health and neglecting your own true work. Inspite of all this realization markets make u crazy at times. No amount of cautious words can bring sanity. Being a contrararian can make u seem foolish.
Evaluating risk is not possible by everbody. Infact even the insurance industry fails to do it often. The 'bird flu' risk and its impact cannot be easily figured into. Analysts suggest purchasing cipla since it produces Tamiflu the drug which is used to control bird flu.
Stock market in India is awaiting the budget. To be honest not really. The course of the sensex may be up or down but there is money always to be made. What is required is discipline , which is hard to come by. Also as i previously mentioned "the invisible hand " is always at work. Mere mortals cannot fathom it easily.
What can be our daily business? Strenghtening one's fundamentals. Keep reading and exploring.
A magazine recommends KEC international as a good stock and u find that in the same month two leading mutual funds have dumped it. Another fund dumped it belatedly yesterday. Any body working at KEC can probably answer this.
By the way one of my uncle working in a genset marketing company visited me. The kind of power shortage had brought him to Mumbai. Cummins are leading players in this area and they are not able to deliver gensets for their clients as they are overbooked.
On parting note for today, Satyam is poised for a good year. U can invest and stay invested.