Ahirjoy's Blog

Here is my curated list of 20 self help and non fiction books (on various topics like leadership, relationship, emotional intelligence, productivity etc.) which I have come across and recommend that one should read to get a whole new perspective in his/her life,  1. The 7 Habits of Highly Effective People...Stephen R Covey 2. The Subtle Art of not Giving a Fuck... Mark Manson 3. How to Win Friends and Influence People... Dale Carnegie 4. Think and Grow Rich... Napoleon Hill 5. Eat The Frog... Brian Tracy 6. Thinking, Fast and Slow... Daniel Kahneman 7. The 4 Hour Workweek... Tim Ferris 8. Deep Work...Cal Newport 9. You are a Badass... Jen Sincero 10. Atomic Habits... James Clear 11. The One Thing... Garry Keller and Jay Papasan 12. The Magic of Thinking Big... David J Schwartz 13. Who Moved my Cheese? ... Dr Spencer Johnson 14. The Black Swan... Nassim Nicholas Taleb 15. Fooled by Randomness... Nassim Nicholas Taleb 16. The Monk who Sold his Ferrari.. Robin Sharma 17. Who will cry ...

Below is the list of few suggested stock investment portfolios for long term. This is just replica of the recommendations from different publications and not suggestion for investment. Please do your due diligence or contact advisor before investing, Dalal Street Investment Journal (Nov'19) Biocon Alembic Pharmaceuticals Jiya Eco-Products Heidelberg Cement Polycab India PSP Projects V-Guard Industries Wealth Insight (Nov'19) Havells Gruh Finance HDFC Marico HDFC Bank Titan Company City Union Bank Axis Bank Dhanuka Agritech ET Wealth (4th Nov'19) Cummins India TVS Motor Company Larsen & Toubro Coromandel International KNR Constructions ITC Sundram Fasteners

Based on my experience in F&O trading here is a small write-up prepared for beginners in F&O trading, hope beginner F&O traders find this useful. Never go for naked options, it is the riskiest strategy. Even if you are almost certain about movement based on some news/events, you can never predict market. Always have a strategy in place and follow a strict profit target or Stop Loss for exit. I prefer spread based strategies – Bull Put Spread, Bear Call Spread, Bull Call Spread, Bear put Spread, The Iron Corridor etc which will help you to estimate potential risk-reward ratio even before you start! Never use your entire capital in one single trade, you may lose everything. Many small profits are always safer and achievable than one-time wonders which can cost you heavily if market moves other way. Read a lot, learn as much as possible. I will recommend the following books/courses for the beginners, i.   E-Book/Kindle - Options Trading...

Now most of the new investors in the market looking for good return over long run are not afraid to invest in equities, specially through Mutual Fund route. However most of these mutual fund investments are through third party brokerage houses of banks like ICICI, KOTAK, HDFC etc. When investors are investing in mutual funds through these route basically they are investing in “Regular Plans” of the fund houses. These Regular Plans attract extra charges due to various reasons like Distributor/agent commission etc.. Unknowingly retail investors are paying these charges which is making dent in their investments over long run. For e.g. expense ratio for Franklin India Prima Fund - Regular is 2.08% but the expense ratio is only 0.90% for the direct variation. The difference may be even more for other funds, you can try out with your own funds. Few years back after SEBI’s instruction, all mutual fund houses had to launch “Direct Plans” for each of their funds. These direct ...

It is very easy to become confused when you start your data science journey. However the problem is not dearth of study materials, but having too many of them! It is almost impossible to find the best in the heap and becoming frustrated is natural.   As I had started my data science journey 6 months back, I am providing list of only three best resources in each area which really helped me a lot for steady progress. I hope it will help you also to declutter your confusions and come up with an actionable plan.   A.       Books:   1.        Python Machine Learning by Sebastian Raschke 2.        Think Stats – Exploratory Data Analysis in Python   – Allen B Downey 3.        Introduction to Statistical Learning – by Gareth James (for R)   B.       Courses:   1.     ...

We always envisage competition among organization’s as a fiercely competitive war of strategy which is based on Porter’s famous Five forces model (given below) and that does not help any of the organizations’ much.   The Entry of Competitors: The Threat of Substitutes: The Bargaining Power of Buyers: The Bargaining Power of Suppliers: The Rivalry Among Existing Players:   However according to famous strategists W. Chan Kim and Renee Mauborgne, the best way to beat the competition is to stop trying to beat the competition. Market can be classified into two categories - Red and Blue Ocean. Red ocean signifies already occupied and fiercely competitive market which has been described earlier. However Blue Ocean refers to unexplored market/possibilities which will provide maximum profit to the organization through right strategy and innovation.   Below are the considering factors for leveraging Blue Ocean Strategy: i.    ...

An excellent Beginner's Guide to the Data Science by Randy Lao, https://www.linkedin.com/pulse/life-data-science-osemn-randy-lao