About the Author: Mr. Hemant Majethia,ย Director and Co-Founder of Ventura Securities.
Hemant Majethia is a key architect of Ventura's vision and growth. He is a passionate market observer and seasoned investor, who has cultivated a blend of sharp financial acumen and relentless curiosity for technology and innovation.
A qualified Chartered Accountant, he also serves as Director of the Association of National Exchanges Members of India (ANMI). With years of experience and market expertise, Hemant regularly writes research-backed articles and provides in-depth stock analysis, helping investors make informed investment decisions.
Essayist, mathematical statistician and former option trader, Nassim Nicholas Taleb, who is best known for coining and popularizing the term โBlack Swan eventsโ, shared some thought-provoking observations recently.
In a piece titled โThe World in Which We Live Nowโ, he describes seven overarching socio-economic-geo-political trends that are currently emerging (https://tinyurl.com/2s45efek).
While every single one of them can stop you in your tracks and make you think hard about how we are progressing, the one that really hit home the hardest for me was DYNAMICS AND MISUNDERSTANDING OF HISTORICAL PROCESSES.
With respect to that trend he comments, โBoth GDP and its rate of growth can fool one in projecting future states; but errors from ignoring growth differentials can be monstrous owing to their compounding. When in doubt, use the rate of growth as status quo.โ
It made me realise how complex the new world we live in is. New technologies โ be it AI, EV, drones, to name a few โ are progressing exponentially. Weโre witnessing wars โ both physical and via trade. The chorus around de-dollarization is growing and fascination with crypto-currencies doesnโt seem to be fading soon enough. Amongst others.
In this increasingly unpredictable world, with indistinct dynamics, his conclusion rings so true: โ๐๐ข๐ ๐๐๐๐๐๐๐ก๐๐๐๐ ๐๐๐ก๐๐ ๐๐๐๐ ๐๐๐๐๐ข๐ ๐ ๐ค๐ ๐๐๐๐ฆ ๐๐ ๐๐๐๐๐๐ก๐๐ฃ๐ ๐๐๐๐๐ฆ๐ ๐๐ ๐๐ ๐กโ๐ ๐๐๐ ๐ก, ๐๐๐๐๐๐๐๐ ๐ ๐๐๐๐๐-๐๐๐๐๐ ๐๐๐๐๐๐ก๐ .โ
๐๐จ ๐ฒ๐จ๐ฎ ๐๐ ๐ซ๐๐?
Disclaimer: The views expressed in this blog are personal and intended to spark thought and conversation. They do not necessarily reflect the views of any organization or entity. They are not intended to hurt, offend, or ridicule anyone, and if any such impact is caused, it is purely unintentional.
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