Not sure whether all the readers know / understand / appreciate in writing a book or a blog. So I thought I should share some thoughts at least:
1. No clue about the audience: I have NO clue at all about who reads my blog. Even if I know some names, I have no clue about their education, age, experience, attitude to investing.
2. I get queries ranging from ‘should I invest’ to ‘I have invested Rs. 1.5 crores in xyz mutual fund, can you please tell me what to do with that investment’. Frankly I cannot run a PMS through a blog.
3. My answers in the blog or email can at best be generic, or strategic, not specific.
4. A blog is normally a medium of advertising so that people come to you for their services. Sadly / unfortunately I do not have any retail product.
5. My customers are companies which want xbrl conversion, mutual funds, banks, regulators – and a blog does not enhance my business. I hope it is not harming the business
6. ‘My average reader’ is impossible to define. Surely there would be people who do not know the difference between average and standard deviation on the one hand and a professor of maths in IIT Madras.
7. I write too many articles with caustic remarks – many many people do not catch the humor, and think it is for real. This is very, very scary.
8. I do not expect to make a great impact on your style of investing (expectations cause disappointment) but if you take care – insurance, record keeping, staying away from shitty companies….etc. I will be happy that I have saved your skin.
9. A book is of course far more difficult! I myself would like to make some changes – and I felt that only AFTER Seeing the print out of the book
10. Incorporating all the feed back is tough, if not impossible. One important lesson in life is ‘you cannot please everyone’.
11. You cannot write all articles for everyone. So a simple request is read 10-12 articles before you decide on whether the site is good or otherwise.
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