A Lion’s eye on the Bulls and Bears
“In India, companies may fall sick, but promoters rarely do!”
Terrorists are Cowards without any Conscience…..cannot be part of the Human race for sure ….they may have a cause but their inhuman terrorist acts simply do not justify their cause…for that matter any cause Why I’m pained to Blog this….memories of 1993 came flooding back yesterday I blog this from Personal first Hand Experience of having …
Eastman Kodak….now quoting @ US $ 3.50…..was US $ 80+ in late 1990s….. Colour Blind Faith Blinds Shareholders for years…It was not a Value Play but a Value Trap ! Bill Miller’s Legg Mason Value Fund lost US $ 551 million in Kodak,selling out in 2010/11 after marrying it in 2000 Instantly recall the famous …
Loved this Antonio guy’s throw on when he worked as a ‘quant’ for Goldman Sachs….you’ll love it too…check him out http://adgrok.com/why-founding-a-three-person-startup-with-zero-revenue-is-better-than-working-for-goldman-sachs/ Loved these quips and quotes from Antonio…the guys wasting his time in any other field…he’s cut out for financial reporting and the literary world ” Giving sophisticated models and fast computers to traders is like …
“Quants were the eunuchs at the orgy”….loved this one from Antonio,ex Goldman Sachs! Read More »
The FM,Pranab Mukherjee, was bugged that he was ‘bugged’ !…so what has this got to do with the draft Lokpal Bill that has got all of India bugged ! ….and the ‘was only some chewing gum’ explanation will not stick as will as the chewing gum did ! Now think about this…… The sentence for this ‘bugging’crime is …
What would you call this scenario where GTL Group Share prices plunge shockingly,and without circuit breaker protection, in a single BSE trading session on huge sell offs…and that too without any rights or bonus or split or capital reduction adjustment GTL Group Shareholders Wealth Destroyed in minutes….Murder or Suicide….both waiting to happen ! ? GTL dives 62.40% …
Sensex is repenting for it’s sins now…rightly retreating…sub 18000 enroute to 16000 !…as I blog the Sensex is currently struggling to stay over 17500 after a High of 17925 and a Low of 17314 …the volatility is a killer….some see it as a trading opportunity….Fools and Monies are soon parted ! Not going to say …