Do Stocks Increase or Decrease After the New Year?
January can be a time for optimism: new year, a clean slate, firm resolutions, endless possibilities. It’s natural to wonder whether that sunny outlook extends to the stock market. Enough people believe it does, and that belief has been elevated to something approaching conventional wisdom. As with a lot of conventional wisdom, though, the truth is debatable.
January Effect
The personal finance press has a catchy nickname for everything, including the belief that stocks will rise after the first of the year. They call it the “January effect.” As markets writer Adam Shell of “USA Today” explains it, one theory holds that investors brimming with optimism pour their money into the stock market, driving prices up. Other investors, hoping to get in on the gains spurred by that fresh cash, hop into the market to ride the wave, and away we go.
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The Masters of the Art of War
Looked at from the heat of combat, war can seem disorganized and chaotic. But overarching the conflict is typically some kind of thoughtful, well-ordered, even scientific strategy that is influencing when, where, how, and why dueling forces have met.
It Was Destiny All Along – IIM Visakhapatnam
After a hectic day attending management classes and interaction with seniors, I reached my hostel in Ghaziabad tired. The climate outside was orange with pollution and the air conditioner in the room was not working. There was little more “getting accustomed to” needed to happen. Just the thought that for every opportunity there would be 540 competitors was overwhelming. To get away from all this I was checking the blogs in search of open mics for comedy. Then came the mail that has possibly altered my life for good. It was the mail of admittance from IIM Visakhapatnam. My eyes were beaming with exuberance.
In the past destiny had played a role of a comic in my life. What else can explain the form filling mistakes that enroll you into a part time course in a college in Gurgaon. The waiting list to a top ranked institute gets halted when you are the number 2 in the list. When your best interview in Bombay results in straight rejection. After going through all of this, it felt as if the whole process was esoteric. But that mail had pacified the “sour grapes” feeling. I believe it was destiny all along. Visakhapatnam is called the city of destiny for a reason.
When I think about my stay in Visakhapatnam, I foresee great opportunity, a place with booming infrastructure and a Government keen in developing the city into the silicon valley of Andhra.
I, for one, have no doubt about the standard of the pedagogy of the institute even for a split second. It is not just because IIM Bangalore is being the mentor to the institute. It is because this is a new IIM and we as its students get to be part of its evolution curve and learn along with the institute. Our peers who have joined “older IIMs” do not get to be called the founding members of so and so club or initiative, but we do. Joining a new IIM is like having a clean slate. You as the writer have the chance to be the best alumni to grace the institute. I am part of NITT alumni and I am just a speck in the vast alumni network. But here there is a chance to be the front runner of the alumni network.
Finally, the stand-up comedy setup in Vizag is not so much ripe as its counterparts. There is a chance for me to nurture this field also. On the whole, I am happy that I chose not to be part of a herd and breathe two more years of relatively clean air.
Which ABG company would you want to work for and why?
Among the many successful companies under Aditya Birla Group I would like to work for Aditya Birla Fashion and Retail Limited (ABFRL). In this fast paced industry, innovation is the key to existence. Also, there is a requirement for a comprehensive mix of traditional and new-age communication. With ABFRL, a company that has the learnings and businesses of two renowned Indian fashion stalwarts like Madura Fashion & Lifestyle and Pantaloons Fashion and Retail, a creative approach to business is adopted. The most interesting point is that the wide range of brands under the company do not cannibalize on its fellow brands. I feel that with an addition of an adaptable person like me, the company would reap the best of its benefits.
