A Fleeting Moment of Clarity

Hi folks! Some good news has come my way and I'd like to share it with you: I finally cleared my CFA Level I exam.........yay!!! Though this development has come after one miserable year, it still is a development and I have some clarity about my future now. Next on the cards is GMAT on 5th March that i'll be writing the 2nd time as well, so I hope I do well this time.

As far as the world around me is concerned, the latest on the block is The World Economic Forum at Davos and all business newpapers seem to have acquired a very Davosian twang to their usual tone. I don't really understand what purpose does the WEF serve except for lavish receptions serving expensive champagne and caviar. To common men like us, it seems to be nothing more than a congregation of the rich and powerful who gather to blow the trumpet of capitalism and exchange visting cards to sniff for business opportunities. I don't care about the fruitless discussions anyways but wouldn't mind an invitation just to have a taste of the expensive wine and food in one of the most picturesque Swiss ski resorts.

Of late, I have been reading a lot about inflation in the Indian economy. Today's The Mint also had an article suggesting the urgent need for RBI to raise interest rates. I guess they are right in their claim that raising interest rates should set things right for the economy which has been seeing an encouraging outlook due to the increase in corporate earnings.

Besides that I have finished reading quite a few books lately; The King of Oil by Daniel Ammann, The Greatest Trade Ever by Gregory Zuckermann and Inside the Iron Triangle: A Secret History of the Carlyle Group by Dan Briody. The first 2 were quite amazing actually. I read a book by Haruki Murakami too, it was called A Wild Sheep Chase. The book had an interesting supernatural plot that slowly unfolds but I hate the extreme use of metaphor at times.

I have not been regular with my blogs lately and I think the trend shall continue until I get over with GMAT and TAS.