Since I am inspired by all contrarian thinkers, I wanted to check out if there is any contrary thing moving inside my head (well only then I can be called as contrarian investor :).
Well, most of us believe that inflation is which makes your rock investment look like a pinch of salt. Yes of course, we have to look at the real returns. 2 months before I purchased a flat TV from LG for Rs.6000/-. 10 years before, the same TV with all the funny technologies like Fuzzy logic, QFT (qudra point focus) etc made strong waves in Indian electronic sector. The cost was somewhere around Rs. 21,000. So its not inflation but deflation in this market. But over the years new technologies are invented. At present we have HDTV /flat paneled TV in which cost atleast Rs. 30,000/-.
What I mean to say, its not inflation which are causing problems but our increased desire for luxury and comfort. What's in the TV. It is the same idiot box which was 10 years ago, and it is going to show same stupid sops. Will Tulsi / Parvati cry more on HDTV's? No...But yes then we want to see tears more clearly.
Well, most of us believe that inflation is which makes your rock investment look like a pinch of salt. Yes of course, we have to look at the real returns. 2 months before I purchased a flat TV from LG for Rs.6000/-. 10 years before, the same TV with all the funny technologies like Fuzzy logic, QFT (qudra point focus) etc made strong waves in Indian electronic sector. The cost was somewhere around Rs. 21,000. So its not inflation but deflation in this market. But over the years new technologies are invented. At present we have HDTV /flat paneled TV in which cost atleast Rs. 30,000/-.
What I mean to say, its not inflation which are causing problems but our increased desire for luxury and comfort. What's in the TV. It is the same idiot box which was 10 years ago, and it is going to show same stupid sops. Will Tulsi / Parvati cry more on HDTV's? No...But yes then we want to see tears more clearly.
