Thursday, May 18, 2006

Of stock market crashes and emotions


So,the Sensex tanked more tan 800 points today.Big deal is my reaction.The game is just the same as with anything in life.Nothing is permanent,nothing is elusive,and nothing is what it is always believed to be.There are going to be cycles of ups and downs in every walk of life,and the stock market is no exception.

I do not understand the hue and cry that is made about the singular movements of the stock markets.Ok,its a great avenue to get rich,but I somehow feel that cyclical movements of markets can still be understood and controlled.But there are many other events in our lives that have no repair or remedy,if its as impactful as a 800 point crash on the Sensex!The sooner we learn to rationalise this difference between the "man-made" world and the "internal world of a human being", the easier it will be for us to look at life beyond fund portfolios and ROI.At the end of the day,while it is important to make money,it is possibly more important to learn to be happy and exercise that learning by actually being happy.

6 comments:

.. said...

well - i'm sure you are not oblivious to the fact that such a drastic change in the sensex's number can dictate whether one lives a life of luxury or has to resign himself to misery ...

while life does have cycles, and hope continues to drive its course, to be indifferent to such an incident would only make us less human and more machine like!

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