Steve Forbes to chat on Moneycontrol today

For all those who've wanted to know if the worst is over in the US, here's your chance to speak directly to the man at the helm of one of America's biggest corporations - Steve Forbes, CEO, Forbes Inc. Moneycontrol.com will be organising an online chat with him on Tuesday, 24th November 2009 as part of its month-long tenth anniversary celebrations.

Forbes will chat on a range of topics including the road ahead for the global economy, the outlook for the US dollar and India's position in world trade.

You can post your questions now and Forbes will answer them at 6.30 pm (IST) on November 24th, 2009. You can check the chat transcript on the site once the chat is over.

Moneycontrol.com, Asia's largest financial website, turned ten on November 5th 2009. And during it's month-long celebrations, the site is giving it's 2 million readers a chance to interact with the biggest thought leaders in the country.‬‪ ‬‪These chats have been a powerful medium for the investor community to engage with thought leaders.
 
Earlier in the month, biggies like Sunil Singhania of Reliance Mutual Fund, Shankar Sharma of First Global, Ridham Desai or Morgan Stanley, BSE Member Ramesh Damani and Anand Tandon of Brics chatted on the site. Investors went home with smart investing lessons and useful perspectives on India as well. Singhania for instance gave out a simple message - keep investing simple. "If we wait for every risk to be out of the way, then we will never be able to invest. Have faith in India, its economy and good returns will be made."
 
Seconding that, Desai said that there could be several sectors that could deliver better than 15% return notably financials, industrials and energy.
 
A common question in most chats - how to be successful in the markets. Sharma said, "Read, read, read. Get your ego out of the way. Have an open mind and think differently from the herd." Another tip from Damani - calculating firm value is an art, practice. practice, practice and then you will begin to trust your judgment. Tandon too believes the same, "Read a lot - and take in various views. Be slow in coming to conclusions, and try and develop a framework that appeals to you. Keep testing your assumptions to see if they turned out right. Bull markets makes every bull a genius - but if the assumptions you made were wrong, then you still have not figured it out."
 
Some of the upcoming chats include Hemanth Luthra, Harsh Mariwala and Punita Kumar Sinha. You can get the upcoming chat schedule here .