Financial Wisdom – By Kalidas

Radical Solution for Credit Crisis from Kalidas

About the Author:

with 38 comments

Kalidas is a well qualified finance professional. He is highly qualified with a degree in Science, Law, Banking and Cost Accountancy. He was an International banker for 19 years followed by 17 years of stint as stockbroker specializing in US Stocks, Bonds and economy, Hong Kong and Indian stocks, Convertible Bond specialist, Bond trader and problem solver for every type of financial situation.

He is expert in reading US economy and world economic scene for over 21 years. He has seen through the crashes of 1987, Asian Monetary Crisis and subsequent crashes specific to Hong Kong and in general to major world markets.

He has currently written a highly researched book called “ Sub Prime Resolved “ and comprehensive solution to the current economic crisis covering every issue or poser being asked by practically every interviewer to leading experts without getting any answer.

 

He has extra ordinary sense, almost sixth sense, to anticipate the major economic events months or years in advance. He has special ability to judge the potential effects of any major events almost instantaneously. He is extremely analytical and logical, and he has track record to be proved correct and right on spot over 95% in last 15 years.

He has also invented a special theory on numbers, known as Mystical Numbers, which apply incredibly to every market – be they stocks, bonds, currencies, commodities, property, retail stores,  even fish and vegetable markets, and in every form of business or personal life. He is currently writing book on this subject that may be published soon.

Written by anilselarka

April 5, 2008 at 6:49 am

38 Responses

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  1. ‘Kalidas’ keep up your good work in educating the poor tax-payers of USA and the investors/population at large around the globe.

    chchch

    September 26, 2008 at 5:32 pm

  2. sir,
    Nice site and very good to know what USA politics and finance industry..
    Page looks simple and good..

    Mohan

    September 26, 2008 at 6:17 pm

  3. Dear Sir,

    Thank you for the Blog. I am your follower in MMB. Thank you for sharing your wisdom with us

    Rajmohan babu

    September 26, 2008 at 6:45 pm

  4. Very good site.I hope u would also post your favourite topics which u had shared the same with us in MMB.

    saranath

    September 26, 2008 at 7:00 pm

  5. Hello kalidas sir, i am a great fan of you for pas 12months. most of the time my postings are not published in MMB. Good work done which will widen the knowledge of investors community. This is from the heart. you are not kalidas but university. I admire your knowledge and appreciate the way you write complicated matter in plain simple language.

    thanks and regards
    Ravi1966, Chennai.

    Raviprakasham

    September 26, 2008 at 8:18 pm

  6. Hello Kalidasji

    Thanks a lot for ur blog , I m silent reader of the MMB. I gr8 fan of yours
    Thanks again

    Regards
    Amin Shekh, Amravati

    Amin

    September 26, 2008 at 9:45 pm

  7. Dear Kalidasji,
    It’s nice to have you back ! i am a great fan of your knowledge, I was missing you on MMB for a month.

    You are a living example of what one can do if he has knowledge and share it will joy and patience.

    Thank you for your time.

    May all the good things happen to you and your family.

    Best Regards
    Kausthub.
    PS: I lived in HK from 97-99, very effcient world to live in !

    kausthub

    September 26, 2008 at 10:14 pm

  8. Dear Anil Sir,

    Honestly, we are so informally attached to your great articles published on MMB.

    Since 14 months iam strictly and constantly following all your articles. Extracted, understood and digested lot on world economy and of course on stocks from your articles. Your articles are with me and are in safe for future reference.

    Iam Software Architect working for Wipro Technologies, since couple of year’s iam working in UK on project. (Introducing my self doesn’t matter for you I think).

    I got highest regards for your legitimate and secular writings in modern world.

    As your article are helping lot of Indians , couple of months before ( Before you left for your son’s marriage in US) I offered to my services to develop a WEBSITE on your name or at least one very good BLOG where you can post your views and others can reply. But I didn’t get any reply.

    Some time before I went through your Blog , its kind of ok . Still we make world class BLOG – with out spending even single penny. I can take that responsible. I want you to invest time on writing articles , technologies ( developing and maintaining blogs and website will take care ). Excuse no selfishness here.

    Last request from my side; please never ever stop posting your articles.
    Some times even my Dad, me, uncle and my friends were discussed on you article. It’s really getting popular.

    Thanks and Regards
    Raj

    Raj

    September 26, 2008 at 10:36 pm

  9. Kalidasji,
    its a pleasure to read you and be in awareness spread by you.
    Nice job.

    shree man

    September 27, 2008 at 2:04 am

  10. Dear Sir,
    Greeting from Bhagwani Family, Durg, Bhilai.

    Congrats!

    Great Work of Great Man, who work hard for 6 years of life using 28 hours out of 24.

    i have tried my best to forword all your messages to varioues broking house in india, aboard from today.

    i request or my views,, kinldy make your page little more attrative,,by any thing,but should look like the professional web page, i think it is a must to attract the common &professional man.

    one broder, raj said he may help on this

    when you have taken the step,,then show the world that you are one of the best,, or only the person in the world,, who can change the world of finance.

    i wish varioues publisher of varioues countries SHOULD run to your door for your article, specially who are showing there coller at persent,

    WE PRAY TO GOD FOR YOUR GRAND SUCCESS,, AS WE KNOW GOD IS YOUR BEST FRIEND,, ISN’T

    to be true we are true gainer :- from your heard work of 6 years we are learning. understanding the world market.

    thanks for your valuable time sir

    Deepak

    Deepak

    September 27, 2008 at 2:24 am

  11. Dear Kalidas ji,
    Warm welcome and Congratulations to you!!
    I Wish you continue to spread the knowledge, and your wisdom enlighten your followers…!!
    All the best to you..!!
    Thanks @ Regards
    Tungala[Jalsa@MMB].

    Tungala

    September 27, 2008 at 7:58 am

  12. I have read your blog with interest. No denying the fact that the major financial institutions have taken public for a ride, by manipulating the derivatives market in such a massive scale. No denying the fact that, the markets are in the brink of collapse on account of the indiscretions of these over paid and greedy people in these institution. However, from the perspective of GOV Of US, what options are options are available to it??
    No.1 Option-Non Intervention-Let the dying institutions die and nurture the survivors.
    OR No2. Intervene so as to prop up the institutions/ markets which are tottering on account of this crisis. There are obviously consequences in case of both actions.
    The first action would imply, collapse of capital markets not just in US but all over the world, at least in the short term,the consequences of which would likely be quite messy-both in US and all around It may also mean complete loss to investors,perhaps revival may take ages.
    The second option would mean saving the capital market from total collapse. It might recoup, probably in much shorter time, and the investor may be bruised,but not destroyed.However, the TAX PAYER will loose all.
    I had written to you a similar response in MC MMB, seeking your opinion on possibilities of GOV US, seeking to write off most of the current losses in a phased manner over time. I think most Govts. in the world would choose the intervention method to deal with this monumental problem, not the hands off approach. I think it would make abundant sense for the GOVT to keep the investors on their side, as otherwise, they may find it increasingly difficult to sustain a Capitalist economy such as the US.And perhaps this is what the FED Chairman and Treasury SEC are trying to do with this bail out package. It would be nice to know your views on this basic dichotomy prevailing today.

    Cyber Explorer

    September 27, 2008 at 12:09 pm

  13. Kaildasji,

    I agree with Raj (wipro), your blog is just OK & doesn’t seem to be world class.

    To Raj (wipro),
    you were not following Kalidas in MMB that regularly, it seems. Actually around Jun-July, Kalidas was searching for you to setup this blog.

    I hope with your help we can get a world class blog that gives financial wisdom to all.

    Regards
    BV.

    BV

    September 27, 2008 at 4:54 pm

  14. Hello BV,

    In the month of Jum, i offered my services and i left my personal email id on MMB. But some time MMB board guys will delete some of the messages intentionally. That may be the reason i might have missed his reply.

    I do follow his articles regularly.

    Any past is past, still we all can help him to come up world class blog if he wishes.

    Hello Anil sir,

    Iam planning to Buy LICHF stock, could you please let me know at what rate i should buy?

    Regards

    Raj

    September 27, 2008 at 9:15 pm

  15. Hello sir,

    Please note my personal email id , for any technical stuff please do send a email , will resolve immediately .

    shek_rcr@yahoo.co.in

    Raj

    Raj

    September 28, 2008 at 4:36 pm

  16. I have just seen the cover of your book on this blog and would like to know where and for what price is it available in India.
    Also one important question as to why the perpetuators of the prsent crisis have not been booked (defraudin millions of dollars of investors is probably a crime more serious than the Nazi’s). Could you shower some light on this.

    Xavier

    Xavier

    September 28, 2008 at 4:46 pm

  17. Dear Kalidasji,

    Congratulations and best wishes. Am your ardent follower of your advise and messages and truly believe that you must be the rebirth of Notre Damus. Your predictions based on your observations and research are excellent. I read your messages regularly on MMB.

    Please inform the date of release of your book for us to benefit.

    Thanks and Regards.

    Saravanan

    Muthu Saravanan

    September 29, 2008 at 3:12 am

  18. Hi Kalidas ji,
    I always liked the way you explained your thoughts with facts and figures. In fact after reading your MB article i told this to many of my relatives and friends who promptly removed the money and saved their skin during JAN 2008 crash. But god had a different destiny for me, i got stuck COMPLETELY. Yes Completely, any way i cannot say any thing as it was my complete mistake.

    But i would be really grateful if you could help me in understanding this financial jungle as you do. If not 100% if i get 50% i think i should be doing great. I believe in Fishing my food. Hoping to see some reply in my in box.

    Regards
    Prakash

    Prakash

    September 29, 2008 at 1:11 pm

  19. Dear Sir

    We are one the vivid readers for your MMB for long-time and we foresight is great. Wish you all the best.

    God Give all good things at free! We getting the same for you.!

    Thanks

    Regards
    VS Balajee

    VS Balajee

    September 29, 2008 at 3:25 pm

  20. Dear Mr.Kalidas,

    Thanks for your slefless efforts in educating all of us about the intricacies equity market. Wishing you all the best and trillion thanks.

    Vanjeeswaran

    Vanjeeswaran

    September 29, 2008 at 5:24 pm

  21. Kalidas,
    You exemplify ‘ the Indian Mind’ in its true sense.
    Bright,Exploring and often criticised.
    Keep up the good work.

    Deekay

    September 29, 2008 at 7:26 pm

  22. Hi Kalidas,

    I am out of words to write anything about you.

    I just want to say

    EXCELLENT
    WONDERFUL
    THANK YOU

    Kailash

    September 30, 2008 at 4:00 am

  23. Sir,
    Is the book published? If so where can I get it in Mumbai?

    Ethereal

    September 30, 2008 at 2:01 pm

  24. Kalidas sir request you to publish another book on stock selection.I am sure it will be an instant hit!

    vikram

    September 30, 2008 at 9:33 pm

  25. Hats off to your wisdom and knowledge Kalidasji, my bad luck was that I came to know about you so late that I have lost much of my hard-earned money. Had I got an opportunity to know about you and your messages on MMB I would have been sitting on considerable money. Please do keep up the yoeman service you have been doing to all the small investors who stand to gain a lot reading your messages. Wishing you all the best. Your ardent fan.

    Vijay Bhaskar

    September 30, 2008 at 10:49 pm

  26. You are doing great job to help so many novice i.e me as well as well qualified fin wizards.

    Best wises for new blog, it has already crossed 5000 hits.

    regards

    sandip parmar

    Sandip Parmar

    October 1, 2008 at 9:08 pm

  27. Am an NRI & a slient reader of your articles. Crisp & easy to understand. You have been a lone voice on the current US economic disaster. Even though there was criticism, you stood your ground. It needs a lot of courage to do that.
    Good work. Keep it up. Am immensely benifitted in understanding the current crisis with your message.
    You can also let us know, where can we get your book when it hits the shelves.
    Best wishes.

    Kennedy Joshua

    EKA Joshua

    October 2, 2008 at 11:50 am

  28. Sir,
    I congratulate you on your excellent blog articles and send my best wishes for the success of your book.

    Your financial insight is indeed unique but what is more unique is your generosity in sharing it with everybody, and your sincere efforts to educate your readers (critics included). Thank you for the same.

    Ashish Dandekar, Qatar

    ashishdandekar

    October 4, 2008 at 7:37 pm

  29. Congrats for your great work as usual sir.
    Just wondering if US is also selling off all its Foreign Reserves to buy $ which’s in very much need with-in US ‘coz of crisis.
    Thanks & Regards,
    Dr.Tungala.

    Tungala

    October 7, 2008 at 11:53 am

  30. I stumbled across this blog of yours as you no longer post on moneycontrol.

    Kalidas Ji is there any hope of recovering my monies.

    If you recall i has invested in IFCI @97 levels following your advice. On 21-Dec-07 you wrote to me and i quote;
    “I still tell you regardless of gyrations in the IFCI, the stock is a screaming buy. If you do not make decent money in next 18 months, you can come and shoot me to death and I will leave a note in your favour pardoning your action.”

    Sir it’s going to be 12 months soon, do you still stick to your words? If not, then can you suggest me the correct strategy to follow to recover my losses which now stand at 70%.

    Your true follower,
    victorjunior

    Reply from Kalidas
    It will be better if you avoid quoting me out of context. I had given bullish call on IFCI when it was in mid 50s when it was in take over or stake sale play up to 26%. When its CEO Mr. Atul Kumar Rai was dilly dallying and creating obstacles, I mentioned very clearly in my post that IFCI stake sale process will fail, and the stock prices would drop. Further, in December end 2007, I called upon all investors to sell 70% of their holding by January 15, 2008 as world situation was worsening – it was not IFCI specific. The Indian stocks fell out of bed on or about 23 January when it lost 3000 points in just under 2 or 3 days with no bids on many counters. Later, before March, 2008, I gave SELL call to everyone to sell everything and remain 100% cash. Now, that includes IFCI as well. It may be noted that after my buy call on IFCI, before its CEO playing one gaffe after another, went to over 110 from Rs 53 to 55. When I gave SELL call, many of IFCI loyalists were angry and said that the stock will never go to Rs 70, forget Rs 60 – today the stock is Rs 30 or below. You are always welcome to post any comments, even if against me, but be discreet and send only verifiable information. I may not know what the investor buys and when. I am not their broker, so can not advise individually. I normally identify unique situation and make general comments. The market situation is nowadays very fluid, and what is happening now, was exactly mentioned near 11 months ago in very specific terms. Write to me on my email address lying with you reproducing my message to you, date thereof and IFCI prices at that time. i will reply you personally and give you best guidance Kalidas

    victorjunior

    October 7, 2008 at 10:57 pm

  31. Dear Mr. Kalidas,

    I have been following your messages in MMB for a long time. Though i have not taken it seriously in the beginning (you were the one going on the opposite track, when most of us were extremely optimistic), i realized your potential and foresight, by the 3rd week of January 2008 (beginning of the downfall).

    Your knowledge and expertise is truly amazing, and your willingness to share your thoughts for benefit of a large number of investors, is laudable. We are greatly indebted to you, and sincerely thank you for the same.

    Muthu, Chennai.

    Muthu

    October 8, 2008 at 3:33 am

  32. Dear Kalidas sir, (as we fondly call you in MMB) Your each article is like bible to be preserved for future generation. They will know someone who had the intelligence to predict with 100% accuracy about the future. And when this negative news will stop. When will the blood bath stop and what is the future outlook for india and for the rest of the world from long term point of view say 2 to 3 years.
    Thanks and regards
    Ravi, Chennai

    Kalidas Reply
    After every fire, there is a rain. We are at the beginning of blood bath, which may last longer. We lived in low interest environment far too long that built up trillions of dollars of derivatives which are nothing but “Dollar Carry Trades” similar to “yen Carry trades’. For every life there is death, for every beginning there is end and again a beginning, this time good one.

    When the situation like multiple banks going bankrupt, including bankruptcy of a country like Iceland today, the panic grips the investors and speculators. They, with the authorities and governments, start behaving irrationally, so we would not know when will it end. This time the recovery process will be very slow and painful, because trillions of dollars have disappeared into a black hole. When the other countries start taking their own decisions, instead of imitating US blindly, then only the situation will improve. As the matter stands now, US still has no idea what went wrong and how, it will not be able to redress the situation. In my book, I have identified the real causes, and offered perfect solution. Right now, everyone is talking about expenses or spending billions of dollars, without mentioning convincingly how they are going to be recouped. All the actors in the FED, White House, Treasury, simply do not have script and they are trying to act. The result will be only terrible disaster. Kalidas

    Ravi

    October 8, 2008 at 10:52 am

  33. Kalidas Ji,

    I do not have your email id to forward you the actual post to. Pls email me or send me your email id.

    I did not quote you out of context, i will forward you the exact post that you had written to me.

    I do not blame you for my losses, but i need your adivce to recoup some of them and plan future strategy.

    Yours truly,
    VictorJuniour

    victorjunior

    October 14, 2008 at 6:48 am

  34. Kalidas,

    I appreciate your wisdom and interest to let others know your thoughts. I was silently following your posts on MMB. I do not completely agree with your version as I feel you are missing a part of reality. But your insight and analysis is really great. That shows your dedication, passion in your profession. Keep up the good work.

    With the knowledge gained from your posts, I was able to prepare for the panics that have started just now and still more to come. I have started thinking ahead and prepare for what may possibly happen. Before reading yours posts, I had a real panic on Jan 22. though I didn’t lose more than 10% of my investment at that time, but because of the message that was coming out. Thanks for that!

    Kalidas Replies to Narender (ref: 0810-030 -Monday, October 27, 2008)
    I am glad to know that you have rediscovered yourself. God helps only brave humans. Those who are not brave, they lose the right to exist and the God recalls them. Every person should strive to work as hard as possible, never despair, always hopeful, and do whatever it takes to counter the troubles now or ahead.

    Narender

    October 26, 2008 at 1:43 am

  35. Sir,

    How can you be so Idealistic?. You are perfect in all sense. How did you imbibe such characters? Who created character in you.? Your father or some one else? What did you learn ? How did you develop so much of discipline in the life.? Basically how did you develop your character? Sir I am asking for my kids to teach such things.

    Shiva
    Bangalore India.

    Shiva(shia)

    October 28, 2008 at 8:00 pm

  36. Dear Sir,

    Very thought provoking articles. Thanks for the same and hope to see more during these times of panic, distress and confusion.

    I think this one place where I dont get “stock calls” but “ground reality check calls”, that helps an indivisual to think and apply/act.

    Once again thanks for your efforts for a social cause.

    With Regards,
    Niranjan Dhanakoti.

    Niranjan Dhanakoti

    November 21, 2008 at 6:10 pm

  37. Mr. Kalidas,

    What should be the next move in Stock Exchang after 50% loss on the portfolio since Jan 08 Value.

    Wait for good time to Invest again till
    What Time OR what level of Index.

    pl. reply.

    Regards.

    RSS

    November 22, 2008 at 1:50 pm

  38. Sir,
    I am eagerly waiting for this
    “He has also invented a special theory on numbers, known as Mystical Numbers, which apply incredibly to every market – be they stocks, bonds, currencies, commodities, property, retail stores, even fish and vegetable markets, and in every form of business or personal life. He is currently writing book on this subject that may be published soon.”
    Please publish the book or make it electronic version where we can make payment or subscription and get it.
    Thanx Bhavesh Mumbai

    Bhavesh

    November 23, 2008 at 2:34 am


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