top of page

By:

Kaustubh Kale

10 September 2024 at 11:37:15 pm

Modak and the Art of Investing

As the aroma of freshly steamed Modaks fills homes during Ganesh Utsav, the festive spirit comes alive instantly. My mouth is already watering at the thought! The humble Modak, prepared with love to honour Lord Ganesha, may look simple from the outside. But anyone who has tried making one knows that a good Modak depends on several things coming together - the right ingredients, the right recipe, patience with the process, and finally, enjoying the result. Investing is surprisingly similar....

Modak and the Art of Investing

As the aroma of freshly steamed Modaks fills homes during Ganesh Utsav, the festive spirit comes alive instantly. My mouth is already watering at the thought! The humble Modak, prepared with love to honour Lord Ganesha, may look simple from the outside. But anyone who has tried making one knows that a good Modak depends on several things coming together - the right ingredients, the right recipe, patience with the process, and finally, enjoying the result. Investing is surprisingly similar. Choose the Right Ingredients A Modak is only as good as the ingredients that go into it. Fresh coconut, good-quality jaggery, properly prepared rice flour and the right flavours all contribute to the final result. Our investments and financial products are the ingredients of our financial plan. Equities, mutual funds, fixed income, gold and other investments each have a specific role to play. The objective is not to pick whatever appears most exciting at the moment, but to select suitable, good-quality investments that match our financial goals, time horizon and ability to take risks. Health and life insurance are equally important ingredients. Adequate coverage helps protect savings, the family, and their financial goals and dreams. Good ingredients provide the foundation. But ingredients alone are not enough. Get the Recipe Right You may have the finest ingredients in the kitchen, but if the proportions are wrong, the Modak may still not turn out well. The same applies to investing. Asset allocation is the recipe of a financial plan. Too much of one ingredient can spoil a Modak. Similarly, excessive concentration in one asset or too much money in low-return products can spoil a portfolio. Balance is key. A thoughtfully constructed portfolio brings different investments together in the right proportions. To keep asset allocation very simple - short-term goals can be planned through bank fixed deposits, recurring deposits and debt mutual funds. For long-term goals, one can consider hybrid mutual funds, equity mutual funds or direct stocks. Trust the Process Once the Modak is shaped and placed for steaming, constantly checking whether it is ready will not make it cook faster. Investors often make the same mistake. We keep checking markets, reacting to every correction, chasing recent performers or changing strategies because of short-term noise. Good investing requires patience and discipline. Invest regularly, review periodically and allow your financial plan enough time to work. Compounding is powerful precisely because it rewards those who remain invested for long periods. Sometimes, the best thing an investor can do is simply avoid unnecessary interference. Enjoy What You Have Created Finally comes the most important part - eating the Modak! The purpose of investing is not merely to accumulate the largest possible number on a statement. Wealth should eventually help us fulfil our goals, support our families, create financial security and enjoy life with greater peace of mind. A good Modak needs the right ingredients, the right recipe and trust in the process. A good investment journey needs exactly the same. This Ganesh Utsav, may Bappa bless us with the wisdom to make good financial choices, the patience to stay disciplined, and the prosperity to enjoy the fruits of our efforts. Ganpati Bappa Morya! (The author is a Chartered Accountant and CFA (USA). Financial Advisor. Views personal. He could be reached on 9833133605.)

Ishan Rises as T20 Specialist

Feb 8
4 min read

In the high-octane world of T20 cricket, where every ball can swing fortunes and aggression reigns supreme, India faces a perennial wicketkeeper-batter conundrum: Ishan Kishan or Sanju Samson? Both are prodigiously talented, capable of dismantling bowling attacks on their day, and have donned the gloves for the national side. Yet, as we approach the T20 World Cup 2026, the scales tip decisively toward Ishan Kishan as the better choice. His explosive form, tactical fit, and reliability under pressure make him the ideal pick for a format that demands consistency amid chaos. While Samson dazzles with occasional brilliance, his inconsistency and recent slump highlight why Kishan should be India’s go-to man in the shortest format.


Let’s start with the numbers, which paint a telling picture. In T20 Internationals, Samson edges out in overall strike rate and experience, boasting 1032 runs in 52 matches at a strike rate of 148.06 and an average of 25.8. He has three centuries, a feat that underscores his potential for match-winning knocks. However, dig deeper, and the cracks appear. After his first 32 T20Is, Samson’s average dipped to 19.32 with a strike rate of 132.69, and only two fifties to his name. Kishan, in contrast, after the same number of games, amassed 796 runs at 25.67, striking at 124.37 with six half-centuries. While Kishan’s strike rate seems lower, his recent surge tells a different story. In the ongoing build-up to the World Cup, including the New Zealand series, Kishan has notched a 43-ball 103 and a 32-ball 76, showcasing a strike rate north of 200 in key innings. Samson’s scores in the same series? A dismal 10, 6, 0, and 24. This isn’t a blip; it’s a pattern. Samson’s T20I career is littered with highs like his 111 against Ireland but plagued by failures that leave India scrambling.


Beyond stats, Kishan’s playing style aligns perfectly with modern T20 demands. He’s a left-handed aggressor who thrives at the top, providing balance to a predominantly right-handed Indian lineup. This handedness disrupts bowlers’ lines, especially in powerplays where off-spinners and leg-spinners dominate. Since October 2023, Kishan has hammered 101 sixes in all T20s, at a rate of one every 9.64 balls—the best frequency among Indian batters with significant volume. His power-hitting is visceral: think of that 103 against New Zealand, laced with 10 sixes and six fours, turning a chase into a rout. Samson, a right-hander, relies more on elegance and timing, which can falter on slower pitches or against quality spin. His strike rate as an opener touches 180 in 18 innings, with 559 runs and three tons, but those centuries came in bilateral series against lesser attacks. Kishan, opening in 27 of his 32 T20Is, has 662 runs at a steady clip, with four fifties that often set the tone rather than steal the show. In T20s, foundations matter as much as fireworks, and Kishan’s ability to rotate strike while punishing loose balls makes him more reliable.


Wicketkeeping adds another layer. Both are competent, but Kishan edges ahead with sharper reflexes and better adaptability behind the stumps. Social media buzz often highlights this: one comparison notes Kishan as the “better wicket-keeper” alongside his aggression. Samson has fumbled in high-pressure scenarios, like the 2024 IPL where his Rajasthan Royals campaign ended amid keeping errors. Kishan, with Mumbai Indians, has been a consistent performer, even captaining in domestic circuits. For India, where Rishabh Pant is the primary keeper in longer formats, the T20 role needs someone who can seamlessly blend batting firepower with glove work. Kishan’s left-handed batting also allows flexibility in the order— he can open with Abhishek Sharma, creating a southpaw duo that terrorizes bowlers early.


Recent form seals the argument. In the warm-up against South Africa ahead of the 2026 World Cup, Kishan blasted 53 off 20 balls, including seven sixes, while Samson was benched entirely. This wasn’t coincidental; it signaled India’s intent. Kishan’s 53(20) in that game, coupled with his NZ exploits, has “impacted India’s T20 WC plans,” as one analyst put it, making the batting order “more clear and competitive.” Samson’s slump—failing to capitalize on opportunities—has led to calls for his exclusion, with experts like Parthiv Patel suggesting Kishan over him for the final NZ match. Even former captain Ajinkya Rahane backed Samson temporarily, but admitted Kishan might sit out only if Tilak Varma returns, implying the tide is turning. Online verdicts are blunt: after Kishan’s 103, the internet declared him “snatching” Samson’s spot.


This isn’t to diminish Samson, whose talent is undeniable. His range against spin and ability to accelerate in the middle order could still earn him a squad role. But T20 cricket is unforgiving; it rewards those who deliver consistently, not sporadically. India’s dominance since 2023— a 48-8 win-loss ratio in T20Is, with a run rate of 9.69—stems from batters like Kishan who embody relentless aggression. With Abhishek Sharma, Suryakumar Yadav, and Hardik Pandya in the mix, Kishan fits as the explosive opener who provides left-hand balance and keeping assurance.


In conclusion, for T20s, Ishan Kishan is the superior choice over Sanju Samson. His stats, style, and scorching form align with India’s blueprint for World Cup glory. Selectors must prioritize impact over potential—Kishan delivers that in spades. As the 2026 tournament looms, betting on him isn’t just smart; it’s essential for lifting the trophy.


(The writer is a senior journalist based in Mumbai. Views personal.)

Comments


bottom of page