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Showing posts from October, 2011

Kahani Ghar Ghar Ki

In an earlier blog, Generation Gap, dated 4 October 2011, I had written about the Retro, Compromise and the Zap generation.  Let’s learn what happens in the house of each of this generation. For simplification assume that Retro is the parent of Compromise and Compromise is the parent of Zap generation. When there are ‘Generations’; ‘Gaps’ can’t be far behind. Generation gaps are nothing but conflicts arising out of difference in attitudes between people of different generations. The key word here is "ATTITUDES". Now attitude is a way of thinking or feeling about someone or something.  A generation gap occurs when older & younger people don't understand each other because of their difference in opinion, experience and nature. Bernard Rosenberg, Dictionary for the Disenchanged , 1972, describes generation gap as a chasm, amorphously situated in time and space that separates those who have grown up absurd from those who will, with luck, grow up absurd.  ...

Stock Story IV

Price of this share is almost half of the cash balance in its books. It has a twenty years history. It built itself from nowhere to being the fifth largest in the sector by acquiring assets /companies, some at distress. When the sector was enjoying rich valuations it sold off to a MNC and is now sitting on more than 10,000 Crores on its balance sheet. When the world is facing the problem of leverage and excess debt, here is a company with surplus cash, awaiting opportunity to invest in assets in distress. Markets presently dislike the company because it sold off / does not know where to invest /is investing in unrelated areas. But is this not the goal of all investing, sell at peak and buy at distress levels. When market-men are obsessed by minute by minute tickers, When bulls become bears in hours if not in days. Here is a company which buys nourishes and sells businesses and awaits opportunities In the mean while it also makes money for its investors. Would y...

Income Parity

Compared with Western economies we are considered ‘Underdeveloped’ or ‘Developing’ economies. However in India few industries have completely ‘emerged’ and have come to parity with Developed Economies. Salaries/ income in these industries (if you remove the top one percentile) are at par with Western economies.  These industries are: 1.        Entertainment Industry : Film Stars, Actors, Music directors, singers, TV and Media, Satellite rights .........etc. 2.        Financial / Banking : Especially in private investment banks. 3.        Sports: Especially Cricket

Indians: Intolerant and Non Aligned

Amarthya Sen, Nobel Laureate in Economics and Professor at Cambridge and Harvard, on his writings of Indian culture, History and Identity calls Indian Argumentative. I violently disagree with him. You may ask, How a novice, immature person like you dare to challenge a luminary like Professor Amarthya Sen? Why not? If a two penny gully goondas can bash up Mr. Shanti Bhushan or banish M. F. Hussein, and become ‘Breaking News’ ‘24 x 7’, why can’t I? If someone fights against corruption undertaken by politicians, we are with him. If someone tells us not to give bribes, not to take shortcuts, we will show him the way, the way out. We are the largest Democracy of the world, but our world and our definition of democracy are our own. We have the right of freedom of speech and expression, Want proof, See any breaking news where a Doctor is bashed, a School Principal’s face blackened, dress codes imposed, shop shattered on Valentine day...... What better example of freedom ...

We are 99% : Occupy...street.

‘ Top 1% of Americans take quarter of all household income , Jeffery Sachs , Director of Columbia University’s Earth Institute . ‘ We are 99% ’ slogan of the protestors a Zuccotti park, Manhattan, hinting at the other 1% perceived to be “Rich, powerful, Corrupt especially Banks of Wall street. People movements are demonstrating their power. Anna Hazare demonstrated the popularity of his fight against unbridled corruption at the Ramlila Grounds, in New Delhi, compelling the Government to take his demands for a stronger Lokpal bill with more serious intent than it had been doing in the decade earlier. Move over to Egypt, and the protest at Tahrir Square brought down a 30 year reign of Hosni Mubarak, purely on the back of people power. Move further west and popular protest by those who claim to be the 99% majority unheeded by Government whose policies, they say, favour the top 1%, is being demonstrated in Zuccotti Park, in New York. They call themselves 'Occupy Wa...

Steve Job’s: Lessons from Life, a compilation

No one wants to die. Even people who want to go to heaven don’t want to die to get there... Yet death is the destination we all share... Death is very likely the single biggest invention of life. It’s life’s change agent. It clears out the old to make way for the new Jobs Takes iWay To Heaven An iCon Who Revolutionised Mobile Communications, Music, Movies And Modern Culture, Made Technology Beautiful, Ended The Reign of Personal Computers, And Changed Our Lives At 56, Co-Founder Of Apple Loses Fight Against Cancer      When historians look back at the life of Steve Jobs, they will chronicle a man of contradiction and genius. Jobs led a company that became one of the world's most valuable enterprises, and easily the most beloved by its customers, with a series of innovative and always elegant products that brought value and pleasure to people's lives. Reams are being written and hours are being broadcasted about what Jobs brought into our l...