PAST: 1 1.       India Shining : Since 2002 till at least 2010 we were under the impression that India is shining, growing at 8-10 % and that we are special. Is that the reality? Yes India was shining but not because it was a Diamond. It was reflecting the light, of Global Liquidity. The easy money policies of the developed economies of the world(US, EU, Japan)   lead to a flood of liquidity ( carry trade) into the emerging markets (BRICS) leading to rise / bubble in Commodities and Emerging Equities. 2 2.   My skills made me make a killing in the Stock market . More than skills it was being in the right place at the right time that helped stock investors see mind boggling returns. More than skills you have to thank your luck (and Alan Greenspan, Ben Bernanke, QEs and LTROs) and the tide of liquidity that raised the equity boat to new highs. Future: 1   1.   The carry trade has to reverse . The flow of Liquidi...