I love alternate indices. RAFI which can be invested through PowerShares is probably my favourite investable index. The other index I really like is the Christmas Price Index. I had written a post on the following topics
- Religion-based Indices
- Condoms and Chocolates
- Analysis Test Series England vs. South Africa
I am still in the process of tweaking my cricket index. The common assumption in all this is my strong belief that the methodology used to measure certain indices is not completely accurate and some like the ICC cricket ranking is completely wrong. One decision I really liked was a recommendation to buy the shares of Apple when the news that Steve Jobs had cancer broke out. Yes, I did feel sad that Steve Jobs had cancer but I absolutely was furious at the people who thought that Apple would collapse because Steve Jobs would no longer be involved and would die. Today I feel the same way about the negative ratings given by analysts about Apple. The good thing though is that the fall in the share price of Apple is a good opportunity to buy it. Apple is an innovative company and will continue to do so. Everyone initially predicted that the cost of the iPhone X would under perform the iPhone 8 and would eat into the profits of Apple. Analysts more often than not get their calls wrong. Does it really matter if a company distributes less dividend than analysts expected? The important thing is that Apple is a good company. I read an interesting astrological article on the numerology analysis of certain tech companies. I am not a great believer in astrology or horoscopes. I do consider that there is a certain amount of science in numbers. It does not matter whether it appears as numerology or the significance of numbers in various religious texts. This post on the thirteen tribes of Israel is extremely good. There is a logic in Shmita. Apple will always be an attractive company to buy into. Buying it when the share price is down is a bigger bonus.
Filed under Apple, Business, Christianity, Cricket, ETF, Healthcare, Indices, Investments, Islam, Leaders, Market Outlook, Market Timing, religion, Test matches
(Originally posted on 27th April 2010)
I wonder if it is a coincidence that I am writing another post related to religion. Any cataclysmic event will have an effect on a person’s psyche. On the surface, I do not think I have become more religious. However, there may have been a subconscious change.
My fascination with indices and especially those that have an alternate view should be apparent by now. So the launch of Europe’s first Christian Equity Index has caught my eye.
First, there must be a legitimate reason for launching an index. The reason for this is that there is an apparent demand by investors for so-called ethical stocks. First, the companies are drawn from the Stoxx Europe 600 Index. Second, they should derive their revenues from sources that are not against the values of Christianity as defined by a committee are only included.
Therein lies the first problem. The companies will be based on the interpretation of Christianity as set by people. Companies that have birth control are not included. This is an obvious reflection of the fact that members of the Vatican are present in the committee. Secondly, I refuse to believe that each and every company that will be listed there has not made any profit from non-Christian principled companies.
Thirdly is there a need for such an index? Shariah indices, for the most part, should act similar and contain the same underlying as a Christian index. Off the top of my head, I would say alcohol companies and the way interest is treated would differ.
I have stated earlier that the futures or stock market can reflect how well the country may perform in sports. Going by this philosophy then if this Christian index outperforms the European index and a shariah index then does that mean that Christian values are better than those of a secular world or Islam?
According to me, actions do not mean anything. What matters are your beliefs? In my mind, a Christian company is one that is led by people who have accepted Christ as their personal Saviour. If Christians are looking to invest in ethical companies then this should be the starting point. Everything else will flow.
I want to start a project of writing Psalms. This is my first attempt. I would love to get some thoughts and comments on this
I bury my head in my hands to quell tears from my eyes.
They flow like a river starting at its very source.
The priests they dress in their mighty finery.
The sadducees mock me aplenty.
When will you hear my cry?
When will my enemies be slain?
Protect me my merciful God.
Save me from those who seek me harm.
May they perish into darkness,
May their souls wander between worlds.
May their children know no peace,
May their childrens children walk baren in the desert.
Save me my Lord.
Save your humble servant.
I prostrate myself before thee.
For only you are holy.
Lately I have been trying to reconcile various aspects of my faith. I have been following two different daily readings and prayers. I have found that one focuses more on the personal and the other on the community of Christians. We had a prayer 24+ in our church. We had 30 hours of continuous prayer. That provided a nice impetus for me to start praying daily. I have come to realise the benefits of prayer. It calms me. The more I pray the more I realise that I end up praying for others more than I do for myself.
I have come to realise that it is better to be a good Christian than a good follower of a denomination. To become a Christian you have to believe that you have sinned and Christ died to save you from your sins. You also should be baptised at some point in your life based on your conviction. Everything else is doctrinal or theological beliefs.
In this world there are only four people that I would ask to pray. I believe that they pray in sincerity. They pray faithfully. They have the gift of prayer. I believe that through their prayers God will do what is best for me even if it means that my prayers are not answered in the way that I hoped. They are special people. I have learnt a lot from their life. Each one of them have a different method and style of praying.
I have found myself asking them to pray for me. The more I contemplated and the more I prayed the more I found that I felt comfortable in praying Novenas. The basis of my faith is rock solid. Anything above that is doctrinal and theological. To me there is no difference in asking a friend of mine to pray for me and going to him and giving him a gift and saying a Novena and then going to a church dedicated to that saint and giving an offertory. The only sign of life is change. I like examining my beliefs from time to time. It is only then that I can know where I stand in my faith.