Thanks for gifting us “Riding the Roller Coaster” – mail from Mr. Ramsamy

Dear Sir,

Greetings from Madurai.

It was pleasant meeting you at MFRT meet @ Pune.
Apart from the meeting proceedings and rich free bees at AMC stalls, I stumbled upon a humble stall selling, “Riding the Roller Coaster” at a discount! Upon reading the book, now I realize that the book deserves a premium.

My sincere impression about the book : Excellent. Simple presentation but highly relevant to Indian markets and Indian mindset!
I could see your clarity of thought all through the book.
In fact, it was more of a ‘concise encyclopedia’. You have connected every possible dot.
I was not aware of LTCM or Mazda of Harshad Mehta and many other facts presented in the book.
Blending Bhavat Gita and behavioral psycology was great.
Your addition to Mr.Marks ‘that the lengths of the cycles are difficult to predict’ blew me off. (pg 177)
And the objective of the book ‘Safeguard your portfolio’ – in page no :198-205 is mind boggling.
Beyond everything, thanks for those ton’s of books you referred in the book. That makes life easy to pick the next one.


By and large, it was a full filling experience reading the book. Im referring this book to my investors and I’m doing a review on this book at a forum called ‘Madurai Readers Club’ shortly.

I believe your book is a Gift to the Investing community.

With Best Wishes,
Ramsamy

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Irony of the bear markets …

While Greece was in the news, many across the world expected a market meltdown on Monday, 29 June 2015 as the markets opened after a weekend. Motley Fool twitted, “All past bear markets look like opportunities. All future bear markets look like terrifying threats. Understand the irony in this.”

It is an interesting as well as sobering thought! Many an investors have tried to analyse the situation at Greece. Many theories are floating around. Most are attempts to find the villain in the episode. Many have tried to find the reason behind the crisis with an objective to stop repeat of such a situation.

This is not the first time. History is replete with examples of ups and downs, booms and busts, bulls and bears. That is the very nature of capital markets.

Bob Swarup writes in his book, “Money Mania – Booms, Panics, and Busts from Ancient Rome to the Great Meltdown”: Rises and falls are as natural and vital to the economic condition as breathing is to the human condition.”

There is a roller coaster out there. This roller coaster impacts the human thinking. While taking decisions, often the emotional mind overpowers the rational mind. Many of our decisions are influenced by the emotions and we commit mistakes time and again.

While there is one roller coaster going on in the financial markets, our minds are going through an emotional roller coaster – swinging between greed to fear.

Any attempt at identifying “why this happens” is futile. It serves no purpose. We are unable to stop the next crisis. Very often, the solution to one crisis leads to the next one. The solution itself becomes the reason for the next one.

Accept that the markets are cyclical and the ups and downs are part of the nature of financial markets. Instead of attempting to stop or predict the cycles, one would be better off to find how one could protect one’s financial situation, including one’s investments.

But, we forget the lessons. Today, hardly anyone is talking about the Greece problem. Ever since China stole the limelight, Greece was forgotten. The Greek tragedy was replaced by the Great Fall of China. And life goes on …

  • Amit Trivedi, Author of “Riding The Roller Coaster – Lessons from financial market cycles we repeatedly forget”
  • These are the author’s views and should not be construed as investment advice.

Very simple to understand for a layman

very simple to understand for a layman like me.that,s why we have liked the book.seems u have undertaken a thorough study of the subject before writing the book.lots of quotes from distinguished authors.congrats.

  • Mr. Manu Vyas, my father-in-law has this cowrite about the book

Book launch at Sapna Retail, Bengaluru

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Book launch at Sapna Book Store on Sept 11