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By:

Kaustubh Kale

10 September 2024 at 6:07:15 pm

The Umbrella Mindset

In Mumbai, July is the month when the monsoon is no longer a possibility, but a full-blown reality. Over the last week or so, the city has seen heavy rains. One minute the rain slows down, the next - the skies open up again without warning. And yet, most of us carry an umbrella. Not because it is raining every single minute, but because we know it can start again anytime. The Umbrella Mindset We don’t wait for the first drop to go shopping for umbrellas. We keep them ready in advance, knowing...

The Umbrella Mindset

In Mumbai, July is the month when the monsoon is no longer a possibility, but a full-blown reality. Over the last week or so, the city has seen heavy rains. One minute the rain slows down, the next - the skies open up again without warning. And yet, most of us carry an umbrella. Not because it is raining every single minute, but because we know it can start again anytime. The Umbrella Mindset We don’t wait for the first drop to go shopping for umbrellas. We keep them ready in advance, knowing full well that even if this moment looks clear, the next could be a downpour. The umbrella becomes our silent weapon - a simple tool that saves us from chaos. Oddly enough, this very logic is often forgotten when it comes to our finances. Timing the Market Most investors want to “time” the market. They wait for the perfect entry point. They follow headlines, economic predictions, even astrological forecasts, hoping to invest only when the conditions are ideal. But markets, like weather, move on their own terms. They rise without notice. They fall when you least expect it. And the biggest gains often come in short, unpredictable bursts. If you miss even a few of those good days, your long-term returns could take a serious hit. Discipline beats Prediction This is why seasoned investors don’t obsess over timing. They focus on discipline. Just like carrying an umbrella during the monsoon might seem unnecessary when the rain pauses for a few hours, investing through monthly Systematic Investment Plans (SIPs) might feel boring during flat markets or downturns. But the magic lies therein. This very habit - regular, automatic, and emotion-free - helps you achieve financial goals and financial freedom. Financial Umbrella A good investor doesn’t predict the market. They prepare for it. Think of your SIPs as your financial umbrella. You may not need them to perform immediately, but when volatility hits, they shield you. When markets recover, they make sure you are already in. And just like Mumbaikars would never step out in July without checking for an umbrella, serious investors never skip their SIPs. Lumpsum Investing Importantly, besides SIPs, it is also necessary to keep doing lumpsum investments frequently, without worrying too much about markets. Just ensure your time horizon is long term, ideally 5+ years. So, the next time someone asks, “Is this the right time to invest?” - just smile and point to the umbrella in your bag. The goal isn’t to wait for the rain. It’s to be ready when it comes. Conclusion Don’t wait to invest. Invest and then wait. The best time to invest is as soon as you have the money to invest. Don’t try to time the market - your time spent in the market, meaning remaining invested, beats timing the market. The pessimist bear may sound smart, but the optimist bull creates wealth. Keep deadlines. Execute. Don’t indulge in analysis-paralysis. Scared money never wins. (The author is a Chartered Accountant and CFA (USA). Financial Advisor. Views personal. He could be reached on 9833133605.)

A Film Built on Trust


The first thing that struck me about the story was how implausibly modern it sounded. A filmmaker in India obsessively listening to an obscure dream-pop track from Los Angeles. An actor with ten million Instagram followers casually asking the internet if anyone recognised the song in his post. A comment beneath it. A reply. Then, within forty-five days, a film was born.


Most films begin with financing decks and market calculations. I’m Not An Actor began with taste. Aditya Kripalani, the film’s director, had been listening to Desire by Ruby Haunt on loop for days. Around the same time, actor Nawazuddin Siddiqui uploaded an Instagram post with the same song in the background and asked if anyone knew its name. Kripalani replied.


What followed still feels improbable in an industry built on hierarchy. Nawaz responded personally. “It’s a very rare song,” he wrote. “If you like this song, it means something special. We have the same taste.”


That exchange became the beginning of a film in which mutual recognition mattered more than transaction. Nawaz agreed to act without taking a fee.


The film asks a distinctly pandemic-era question: what does it mean to know someone entirely through a screen? During the lockdown years, millions discovered that intimacy could survive digitisation, though in altered form.


Kripalani turned that experience into narrative architecture. The film unfolds over a single day and almost entirely through one video call between two strangers. Mouni, a struggling actor in Mumbai, is played by Chitrangada Satarupa. Adnan, a recently retired banker in Frankfurt drifting quietly into depression, is played by Nawazuddin. She is meant to teach him acting. Gradually, they begin teaching each other how to confront themselves.


The Frankfurt setting emerged naturally from the filmmakers’ own lives. Kripalani divides his time between Germany and India, while his wife and producing partner, Sweta Chhabria, has spent over two decades working as a banker in Frankfurt.


But what fascinated me most was the operational madness required to execute it honestly. Indian cinema has simulated long-distance communication for decades through edits and performance tricks. I’m Not An Actor chose the harder path. Both actors remained on real video calls throughout filming. Both crews shot simultaneously in Frankfurt and Mumbai.


The logistical constraints bordered on the absurd. Frankfurt and Mumbai are separated by four-and-a-half hours. That left barely four overlapping daylight hours each day. Once evening arrived in either city, shooting stopped.


The actors stayed on iPhones throughout because the film itself exists within the visual grammar of a video call. Kripalani directed remotely through FaceTime while monitoring both crews on separate iPads, moving psychologically rather than geographically towards whichever actor needed him most.


The contrast between the two cities became an unintended commentary on filmmaking cultures. In Frankfurt, a single train sequence required booking an entire carriage because German privacy laws prohibited strangers’ faces from appearing even incidentally. Mumbai functioned according to opposite principles. The crew shot guerrilla-style in commuter trains using a Sony A7S3 rigged to resemble a vlog camera. In Mumbai, a film unit attracts crowds and usually results in shooting paralysis.


Then, there was the weather. One day, the Mumbai camera operator fainted from the heat. The same day in Frankfurt, Nawaz struggled to pronounce lines because the cold had numbed his tongue. This, for an actor celebrated precisely for his diction.


The film was edited remotely over FaceTime from Frankfurt, often seven hours a day. Its mediated and distant form, dependent on connection stability and trust, persisted through the entire process.


There was no studio cushioning any of this. Independent cinema remains an exercise in collective belief. Nawaz’s decision to waive his fee became the film’s moral centre.


After a screening to a German focus group watching with subtitles and no context, the filmmakers realised the ending failed emotionally. Kripalani re-shot it. Independent cinema rarely advances through certainty.


But now, at last, the gamble appears to be paying off. The film premiered at Cinequest in 2025. Nawaz won Best Actor at the New York Indian Film Festival. Chitrangada Satarupa won Best Actress at the DC South Asian Film Festival, where Kripalani also received a jury mention for Best Director. The most symbolic moment came later at the Lee Strasberg Theatre and Film Institute, cradle of American method acting, when the film was screened there for students inheriting the tradition of Marlon Brando.


I came to this project late, as a small investor and co-producer through a friendship stretching back over a decade. I joined because I wanted proximity to the mechanics of filmmaking and not its glamour. Watching this film come together, I realised that sometimes cinema is assembled simply from the willingness of the right people to answer a message from a stranger, and then keep showing up afterwards.


(The writer works in tech and product management in Berlin. He is a co-producer on I’m Not An Actor.)

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