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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