P/E - Markets - Potato, Tomato, Sensex And Nifty - PE Variations And Correlations With Returns

Prices today (Jan 2011)of :

1. Potato: Rs 55/Kg
2. Tomato: Rs 24/Kg
3. Sensex (P/E): 18.55 (note that values for Dividend Yield, P/E etc given for a year, month etc are average values for the period and not the closing values for the period) and latest value here (without history).
4. Nifty (P/E): 21.16. 

There is more than a 10% variation in the prices of the two indices. Hmmm.

Well tomato at another shop is Rs20/kg. There is more than a 10% difference in the prices of tomato also.

As on 2015 Jan 22:
P/E for Sensex = 19.7, That for Nifty = 22.21 (about 10% difference)
Tomato and Potato prices are about the same as mentioned above.

As on 12th Oct 2015:
Stocks that are likely to enter Sensex in the next decade: https://www.valueresearchonline.com/story/h2_storyview.asp?str=28987

3 year returns from equity correlated with P/E: http://craytheon.com/charts/nifty_pe_ratio_pb_value_dividend_yield_chart.php : 

• Buying at P/E (of Nifty) less than 22 gives a positive 3 year return. 
• See also this NSE article: http://bse2nse.com/fundamental-technical-analysis/189-nse-nifty-pe-chart-p-e-ratio-last-10-years.html 
• This article for Sensex and PE: http://www.dalalstreet.biz/forum/sensex-nifty/historical-sensex-forward-pe-chart/

P/E analysis for NIFTY: www.stableinvestor.com/2015/03/PE-Ratio-Analysis-India-in-2015.html and https://www.stableinvestor.com/2017/03/nifty-pe-ratio-analysis-2017.html

17 year returns of Sensex: http://www.moneycontrol.com/news/business/markets-business/sensex-rises-5x-in-17-yrs-dont-pull-out-when-you-can-get-multibagger-returns-2302991.html

A Sensex historical P/E chart from 2008 to 2017 is given here: https://www.equitymaster.com/5minWrapUp/charts/index.asp?date=04/27/2017&story=1&title=Ten-Year-Sensex-PE


Additional reading:

1. http://vbala99.blogspot.com/2015/07/interesting-mutual-fund.html
2. Sensex data in the year 2008: http://bse-2001-2010.blogspot.in/p/bse-sensex-historical-prices-in-year.html
3. http://vbala99.blogspot.com/2011/01/pe-ratio-for-stock-market-index.html
4. http://www.fundsindia.com//select-funds
5. http://www.moneycontrol.com/mutual-funds/compare-funds/All
6. http://businesstoday.intoday.in/story/how-to-choose-the-best-mutual-fund-for-your-portfolio/1/15779.html
7. http://www.investing-in-mutual-funds.com/standard-deviation.html
8. http://www.morningstar.in/mutualfunds/f0gbr06rc2/tata-balanced-fund-growth/risk-ratings.aspx
9. https://m.economictimes.com/markets/stocks/news/sensex-pe-jumps-16-in-a-day/articleshow/68162388.cms Sensex PE ratio jumps from 23 to 26 in a single day on account of Tata Motors' loss

Whistling In Songs

I have loved melody in songs. And appreciated people who sing well. While in college, there used to be a sweeper who could whistle so well that I would wait up to listen to him.

I was listening to the song "Neerodum Vaigaiyile" from the Tamil movie Paar Magale Paar and was enjoying the song and the sound of the whistle. I browsed about the latter and came across this very interesting post, that too in FB.

This song has a nice whistle: Aankhon Mein Kyaa Ji (1957, MD: SD Burman).

And here is another link, apparently there is a whistler's association.


Additional reading:

• http://vbala99.blogspot.com/2011/04/piano-duets-in-hindi-movies.html -  Piano and dance songs
• http://vbala99.blogspot.com/2011/10/melodious-horse-songs-in-indian-movies.html

EINSTFPJ - MBTI - Basic Theory

This was part of an earlier post. I removed it from there and created a new post here.

What I want to focus on is the kind of responses each personality type gives in various scenarios. This post is on understanding MBTI and its relevance to Vedic astrology.

I have been analyzing the various aspects of our personality for some time and trying to correlate it with the indications of planets in our horoscope. When I use the words horoscope and astrology I am not talking about Sun signs. I refer to Vedic astrology and I do not consider Uranus, Neptune, Pluto which are not part of Vedic astrology.

My specific focus is in splitting our personality layer by layer into our emotions, our mind, our desires, our drive, ability and so on. I want to find out which of these are synonyms or always go together and which of these are independent characteristics. For example desire and drive may not always go together. A person with a low drive may have a high desire or vice versa.

Guess, I have made clear what I want to understand.

This post will contain stuff on MBTI types. I will includes (links to) articles of interest and occasionally my own feelings. At present this post is unstructured and may not be reader friendly. 

Nice posts on MBTI:

• http://insightgame.org/intro.php
• Classroom learnng and MBTI types: http://personalityplaybook.com/2013/10/27/classroom-learning-and-the-16-types/
• http://infj-mbti.tumblr.com/post/102588507108/mbti-misconceptions
• http://www.newdirectionsconsulting.com/leadership-engagement/are-we-compatible-using-the-mbti-personality-assessment-with-couples/
• http://www.myersbriggs.org/my-mbti-personality-type/mbti-basics/the-16-mbti-types.htm
• http://www.inc.com/adam-heitzman/can-the-myers-briggs-predict-your-entrepreneurial-success.html
• http://www.myersbriggs.org/my-mbti-personality-type/mbti-basics/
• https://ebliz.wordpress.com/2012/01/01/why-you-behave-the-way-you-do-mbti-personality-types/

These are related articles on different MBtI topics:

• Inferior functions: 1
• Nice post on introverted sensing: 1
• Ti and Te: 1
• T and; F, ego: 1, 2
• J and P: 1, 2
• N and S: 1, 2, 3, 4 (nice one on misconceptions about S and N)
• Ni and Ne: 1 , 2 , 3 , 4
• Conflicts in TJ, FP etc: 1
• Difference between Ni, Ne and Women's intuition: 1
• Ni, No, Si, Se: 1 , 2
• Fi and Fe: 1
• Fi and comparing with other attributes: 1
• All functions in real life: 1
• NF: 1
• Relationship difficulties for N types: 1
• Gifted students: 1
• Gut feel: 1, 2
• Statistics on various MBTI types: 1, 2
• Differences between J(udging) and P(erceiving): 1
• Difference between T(hinking) and F(eeling): 1
• Forer effect on how predictions / analyses can sound nice and authentic and non unique and fits just about everyone/everything: 1, 2 (Lovely post.)
• Difference between S(ensing) and iN(tuition): 1 - While most articles tend to give an abstract definition of the two, this article seemed to me to explain the difference well.
• INTJ, INFP, INTP, INFJ Relationships, Compatibility, & the Inferior Function: 1 - very nice article.
• INTJ and INTP difference: 1, 2, 3
• On NF, NT, SF and ST - 1, 2 - both nice articles. 
• MBTI types in the classroom: 1, 2,
• Influential people: 1,
• Holland's 6 personality types or codes: 1, 2, 3
• Stress in different personality types: 1

Numbers given above are hyperlinks to different articles.

My discomfort with the definition of N or S is that they are defined on the basis of GATHERING info. I would say they are different in terms of storing info. Issues in relationships happen primarily because of differences in N and S and T and F. Intuition of the feminine kind is of a survival nature. Intuition as in NT (MBTI type) is to do with understanding the model of this world. N and F are similar in this nature - understanding or knowing what is not visible or obvious. F, E and P attributes are grounded with dealing with people. Such people deal with people much better than I, OR NT or J. Note that I used NT together.

We (rather, the definition of the type) say that N doesn't work with data, only the S does. But T processes the data and hence NT also possibly does. So when a person works with data, does it mean he is T and not N? See the confusion.

Put another way, if you see a person who is comfortable mulling on data, then is he NT? ST? SF? Definitely not NF. Read this to feel a good confusion about N (yes, you heard right).

Read this article. This article deals with intuition as defined in English. It has nothing to do with MBTI's N. The policeman who suddenly says (and maybe rightly) that the butler did the murder... Is NOT N. That kind of intuition is more F.

N, I think is about abstraction, about summarizing. Some people summarize, theorize based on data. These perhaps are the NTs. Some summarize without data whose opinions or theories are proved later when data become available. These perhaps are the NF's. N is the ability to see a pattern which others don't. Others see only disparate data, they are the S's. Is my understanding right? I read this lovely article today about the difference between abstract (perhaps "N") and concrete thinking (perhaps "S"). 

Relating MBTI to astrology:

A friend of mine told me this:

P stands for duality and Libran traits
J stands for fixed signs. I is all water and earth signs
E is all fire and air signs
N is a fire and water trait. S is an earth trait largely
T is an air trait
F is a water trait.

Venus refers to feelings, a keen grasp of sensory information, a need for comfort and hates to be rushed. It loves, is addicted to, comfort. and hence would refer to S, F and P. Saturn is thoughtful, cold and impersonal and pushes itself - it would refer to IT and J (as in MBTI). N would perhaps come from Rahu / Ketu. 

I tried to see whether the states defined in transactional analysis (TA). MBTI type ST. S seems to be the parent state, F the child state and NT the adult state.

It is said that N uses deduction while S uses induction. Some say that Ni uses deduction and Ne uses induction. A friend of mine and I keep arguing this point but we have not resolved it. 

Hearing what is not said, gut feeling and classic INTUITION are all F. These, I think have to do with MBTI N. N abstracts all data and stores only the theory behind it. This theory can be explained to an S but the S may or may not understand the theory. The S definitely won't agree with the theory, rather won't agree that the data points can be summarized so neatly into a theory. 


Here are some articles that explain the difference between induction and deduction:

• http://www.personal.kent.edu/~rmuhamma/Algorithms/MyAlgorithms/DeductInduct.htm
• https://suite.io/isaac-m-mcphee/jvn2y0    https://school.carm.org/amember/files/demo3/2_logic/deduction_induction.htm
• http://www.ekahimethod.com/demystifying-intuition/

A friend sent me this link. About the person whose quote is shown in the link: Is he an F or a T?

Additional reading:

1. http://zombiesintelligently.com/non-fiction/myers-briggs/
2. https://www.psychologytoday.com/blog/give-and-take/201309/goodbye-mbti-the-fad-won-t-die
3. http://vbala99.blogspot.com/2012/11/bad-venus.html
4. http://vbala99.blogspot.in/2012/01/modified-five-factor-personality-type.html
5. http://vbala99.blogspot.in/2012/05/know-any-hsps.html
6. http://vbala99.blogspot.in/2012/06/new-vedic-astrology-mars-venus-saturn.html

Jesus, How Much More Complicated Can Life Get

The advent of DNA dealt a great blow to the issue of lying about paternity. Now we have this. What will a DNA test show? That the father is an earlier partner or the current one? If a man had an affair with another woman prior to his marriage, would his child resemble the other woman? (just kidding)

Additional reading: 

• http://vbala99.blogspot.com/2009/08/common-mistakes-in-perceptions.html

Disgusting

I have been trying to find what disgusts me. A friend of mine asked me to express what disgusted me.

I can think of couple of things.

• A tendency to establish superiority through words (by constant spamming: sending extra verbal messages which aren't exactly required for the subject being discussed but which are sneaked in to add "value") or mentioning association with things or people with high brand value ("dropping names").
• A desire to get things without providing equivalent value; usually through fraud, emotional manipulation or by expressing need.
• Extraordinary sense of loyalty to persons and sacrificing justice / fairness.

I watched a scene of Mahabharata the other day when the five Pandavas express deep anguish when they hear that Karna was their brother. All this long when the brothers didn't know the real birth details of Karna it didn't matter to them. That he had some positive attributes, they couldn't see. Now, the moment they knew that he was their elder brother, they couldn't but grieve. Now, how is that?

Another example is of Shakuni goading Yudhishtra to stake his brothers one by one in a game of dice.

"I don't think I / my sister / father /  daughter / husband / mother could have done such a thing. No way." "Our billing system could never make such a mistake" - these are examples of high loyalty.

What is the common thread running through all these? There is an alternate language being spoken here. Something quite different from the way I like. The language of Venus, I will call it for now, for want of a better expression. 

Do You Think I Should Have A Baby

This story begins with the line "Do you think I/we should ...?" - what I call a feminine line (used by men and women with a strong Venus) who ask this question after having made a decision. 

They go through this line a purpose: To establish that others/you were consulted before taking any action (note that I use the word "action" and not "decision"). For any risk that you/others might come up with on their plan of action, they figure out counteroffensives - but rarely do they change decisions.

But this story is very nicely written.