Check out my conversation with Payal Koul Mirakhur, business leader, speaker and coach on Indra Nooyi's book - My Life In Full. Very engaging and honest conversation where Payal reflected on the book in the context of her own journey.
Check out my conversation with Payal Koul Mirakhur, business leader, speaker and coach on Indra Nooyi's book - My Life In Full. Very engaging and honest conversation where Payal reflected on the book in the context of her own journey.
A podcast episode I had done for the Grow10x podcast with Nishant Saxena, CEO International Markets at Cipla. We covered Ram Charan's book "The Leadership Pipeline".
A podcast episode I had done for the 10x Growth Strategies podcast with Ajay Goel, VP Engineering at Altran. Book is a must-read for anyone wanting to do well professionally. Conversation was filled with wisdom from Ajay's experiences and insights. Listen on, feedback is more than welcome.
#11 - Excerpt from the letter the author wrote to his son after he was born - " You might think you want an expensive car, a fancy watch and a huge house. But am telling you, you don't. What you want is respect and admiration from people and you think having expensive stuff will bring it. It almost never does - especially from the people you want to respect and admire you. Humility, kindness and empathy will bring you more respect than horsepower will"
#12 - The world is filled with people who look modest but are actually wealthy and people who look rich who live at the razor's edge of insolvency.
#13 - Whether an investment strategy will work, how long it will work, whether markets will cooperate are all uncertain. Personal savings are frugality are in your control and are 100% certain to be effective into the future as well.
#14 - Learning to be happy with less, creates a gap between what you have and what you want - this is similar to the gap you get from growing your paycheck, but easier and more in your control
#15 - People with enduring personal finance success - not necessarily those with high incomes - tend to not give a damn what others think about them
#16 - You don't need a specific reason to save. Every bit of savings is like taking a point in the future that would have been owned by someone else ad giving it back to yourself
#17 - Harry Markowitz - "I visualized my grief if the stock market went up and I wasn't in it - or if it went down and I was completely in it. My intention was to minimise my future regret. So I split my contribution 50:50 between bonds and equities"
#18 - Things that never happened in the past happen all the time - true in economy and in markets. History of money is useful to understand people's relationship to greed and fear. Specific trends, trades, sectors, causal relationships about markets and what people should with their money is an example of evolution in progress.
#19 - Can you survive a 30% decline in the value of your assets? On a spreadsheet may be yes, what about mentally? Assume returns from your investments will be 1/3rd less than the historic average. Save more for your goals. If in reality, returns are further below, your margin of safety is not a 100% guarantee but will at least let you sleep at night. If returns resemble the past then you'd be pleasantly surprised
#20 - Most important part of every plan is planning on the plan not going according to the plan. Save for your specific goals, but also save for just the sake of it
#21 - Aiming at every point of your work life to have moderate annual savings, moderate free time, no more than a moderate commute and at least moderate time with your family increases the odds of being able to stick with a plan and avoid regret, than if any of those things fall to extreme sides of the spectrum
#22 - Thinking of market volatility as a fee rather than a fine will help you stick around long enough for investing gains to work in your favor. You should like risk because it pays off over time
#23 - Understand your own time horizon and don't be persuaded by the actions and behaviors of people playing a different game - you may be a long term investor and the other person could be a day trader.
#24 - Nassim Taleb - " True success is exiting some rat race to modulate one's activities for peace of mind". Good decisions aren't always rational. At some point you've to choose between being happy or being "right".
Was happy to be featured on the Women Who Code community's Delhi chapter newsletter. The story covered how my career panned out, what lessons I have picked up and hence what can benefit junior women in their paths.