Tuesday, April 7, 2009

Money has no memory. Experience has.

You will never know what the total cost of your education was, but for a lifetime you will recall and relive the memories of schools and colleges. Few years from now, you will forget the amount you paid to settle the hospitalization bill, but will ever cherish having saved your dear one's life. You won't remember the cost of hanging out with your friends, but to the last breath remember the experiences of the bliss of togetherness. Money has no memory. Experience has.

Good times and bad times, times of prosperity and times of poverty, times when the future looked so secure and times when you didn't know from where the tomorrow will come... life has been in one way or the other a roller-coaster ride for everyone. Beyond all that abundance and beyond all that deprivation, what remains is the memory of experiences. Sometimes the wallet was full... sometimes even the pocket was empty. There was enough and you still had reasons to frown. There wasn't enough and you still had reasons to smile. Today, you can look back with tears of gratitude for all the times you had laughed together, and also look back with a smile at all the times you cried alone. All in all, life filled you with experiences to create a history of your own self, and you alone can remember them all.

The first time you balanced yourself on your cycle without support...
The first time she said 'yes' and it was long back since you proposed...
The first kiss...
The first gift you bought for your parents...
The first award... the first public appreciation... the first stage performance...
And the list is endless... Experiences, with timeless memory...

No denying that anything that's material cost money, but the fact remains the cost of the experience will be forgotten, but the experience never.

So, what if it's economic recession? Let it be, but let there not be a recession to the quality of your life. You can still take your parents, if not on a pilgrimage, at least to the local temple. You can still have trip with your friends, if not on a national tourist spot, at least on a local tourist spot. It doesn't cost money to spend time by talking in person with good hearted colleagues. Nice time to train the employees, create leadership availability and be ready for the wonderful times when they arrive. Hey! Aspects like your health, knowledge development and spiritual growth are not economy dependent.

Time will pass... economy will revive... currency will soon be in current... and in all this; I don't want you to look back and realize you did nothing but stayed in gloom. Recession can make you lose out on money. Let it not make you lose out on experiences... If you are not happy with what you have, no matter how much more you have, you will still not be happy.

Make a statement with the way you live your life: How I feel has nothing to do with how much I have.

Monday, March 16, 2009

Gold History

History of Gold Prices (In Rupees)

1930:----180 per 10 gram
1940:----360 per 10 gram
1950:--1,000 per 10 gram
1960:--1,110 per 10 gram
1970:--1,840 per 10 gram
1975:--5,400 per 10 gram
2000:--3,000 per 10 gram
2006:--5,400 per 10 gram
2009:-15,700 per 10 gram.

Gold surprisingly gave 300% returns from 1970 to 1975 when world suffered worst ever recession after great Depression. Will the history repeat? That is the reason behind current "Mad Gold rush". But if you invested in the Gold in 1975, your investment gave negative returns for the next 25 years.

Remember 2 things:

1. Gold generally trades in the lower range around March and July. Generally, it is the best time to buy gold and marriage season is the best time to sell God.

2. Below 11,000, Gold is a safe investment but above 15,000- it is only for traders but not for investors.

Future of Gold:
When stock markets are in down turn in 2002, Gold was at Rs 5,400 per 10 gram. Don't forget that Gold traded below 9,000 per 10 gram till 2007 means you might have got routine returns from Gold investment. But investors who made investments in gold in mid-2007 are now making 70% returns in just 20 months. But I don't know what will happen to gold investors who bought it at above 15,000 but they remain in losses even after 3 years. Why? Gold will recede to 11,000 levels once equities make comeback. What happened to crude oil will repeat in case of gold also. Don't forget that Gold is not even an essential commodity. But Gold is a less volatile investment.

1. Crude oil prices moved to $147 per barrel and Goldman Sachs people gave $200 per barrel target. It is now trading below the fundamental price at $35 per barrel.

2. Sensex moved to 21,000 and analysts and analysts gave 30,000 target. It is now trading at 9,000 levels.

3. Real Estate prices reached astronomical levels in 2007 but people bought land as if there will be no land available for purchase in future.

Tuesday, February 17, 2009


This story is about a man who once upon a time was selling Hotdogs by the roadside. He was illiterate, so he never read newspapers. He was hard of hearing, so he never listened to the radio. His eyes were weak, so he never watched television. But enthusiastically, he sold lots of hotdogs.

He was smart enough to offer some attractive schemes to increase his sales. His sales and profit went up. He ordered more a more raw material and buns and sold more. He recruited more supporting staff to serve more customers. He started offering home deliveries. Eventually he got himself a bigger and better stove. As his business was growing, the son, who had recently graduated from college, joined his father.

Then something strange happened.

The son asked, "Dad, aren't you aware of the great recession that is coming our way?" The father replied, "No, but tell me about it." The son said, "The international situation is terrible. The domestic situation is even worse. We should be prepared for the coming bad times."

The man thought that since his son had been to college, read the papers, listened to the radio and watched TV. He ought to know and his advice should not be taken lightly. So the next day onwards, the father cut down the his raw material order and buns, took down the colourful signboard, removed all the special schemes he was offering to the customers and was no longer as enthusiastic. He reduced his staff strength by giving layoffs. Very soon, fewer and fewer people bothered to stop at his Hotdog stand. And his sales started coming down rapidly and so did the profit. The father said to his son, "Son, you were right". "We are in the middle of a recession and crisis. I am glad you warned me ahead of time."

Moral of the Story: It's all in your MIND!

And we actually FUEL this recession much more than we think.

The More practical and appropriate views on this economic recession is: "This is the time to reunite together for any small or a big organization, this is the time to motivate and retain people which are the biggest asset, this is the time to show more commitments to the customers, this is the time show values of our company to the world, and this is the time to stand by our Nation".

Wednesday, January 28, 2009

Classic insults

These glorious insults are from an era when cleverness with words was still valued, before a great portion of the English language got boiled down to 4-letter words.

The exchange between Churchill & Lady Astor:
She said, “If you were my husband I’d give you poison,” and he said, “If you were my wife, I’d drink it.”

A member of Parliament to Disraeli:
“Sir, you will either die on the gallows or of some unspeakable disease.”
“That depends, Sir,” said Disraeli, “whether I embrace your policies or your mistress.”

“He has never been known to use a word that might send a reader to the dictionary.” William Faulkner (about Ernest Hemingway).
“Poor Faulkner. Does he really think big emotions come from big words?” Ernest Hemingway (about William Faulkner)

“I am enclosing two tickets to the first night of my new play; bring a friend…. if you have one.” George Bernard Shaw to Winston Churchill
“Cannot possibly attend first night, will attend second… if there is one.” Winston Churchill, in response.

“He had delusions of adequacy.” Walter Kerr

“He has all the virtues I dislike and none of the vices I admire.” Winston Churchill

“A modest little person, with much to be modest about.” Winston Churchill

“I have never killed a man, but I have read many obituaries with great pleasure.” Clarence Darrow

“Thank you for sending me a copy of your book; I’ll waste no time reading it.” Moses Hadas

“He can compress the most words into the smallest idea of any man I know.” Abraham Lincoln

“I didn’t attend the funeral, but I sent a nice letter saying I approved of it.” Mark Twain

“He has no enemies, but is intensely disliked by his friends.” Oscar Wilde

“I feel so miserable without you; it’s almost like having you here.” Stephen Bishop

“He is a self-made man and worships his creator.” John Bright

“I’ve just learned about his illness. Let’s hope it’s nothing trivial.” Irvin S. Cobb

“He is not only dull himself, he is the cause of dullness in others.” Samuel Johnson

“He is simply a shiver looking for a spine to run up.” Paul Keating

“There’s nothing wrong with you that reincarnation won’t cure.” Jack E. Leonard

“He has the attention span of a lightning bolt.” Robert Redford

“They never open their mouths without subtracting from the sum of human knowledge.” Thomas Brackett Reed

“In order to avoid being called a flirt, she always yielded easily.” Charles, Count Talleyrand

“He loves nature in spite of what it did to him.” Forrest Tucker

“Why do you sit there looking like an envelope without any address on it?” Mark Twain

“His mother should have thrown him away and kept the stork.” Mae West

“Some cause happiness wherever they go; others, whenever they go.” Oscar Wilde

“He uses statistics as a drunken man uses lamp-posts… for support rather than illumination.” Andrew Lang (1844-1912)

“He has Van Gogh’s ear for music.” Billy Wilder

“I’ve had a perfectly wonderful evening. But this wasn’t it.” Groucho Marx

Monday, December 1, 2008

What can I do?

Mumbai was rocked by one of the worst ever terrorist attack on 26th November 2008.

The question many people are asking is WHAT CAN WE DO? Here's what can be done by us

1. We always say the police is inactive;there is not enough checking at many places that can be attacked. However, we are the only ones who crib when we have to stand in long queues and get our luggage checked at the airport or at railway stations. Let us change this attitude and support the police in doing their job. Lets be ready to sacrifice a little freedom to ensure better security measures.

2. Please do not get carried away by the negative sentiments for Muslims or any other religion. We must get more united and not allow any religional or regional tensions to surmount. Lets not be a part of rallies of politicians who are out there to cause communal tension and disharmony by advocating "Me Mumbaikar" theory and "North Indians ko hatao". The need of the hour is "Aise politicians ko hatao" because there's a bigger problem that we are facing as a nation and thats Terrorism.

3. We blame the politicians for not being able to do their job properly. However, it is we who elect them. This is a time not to get de-politicised; we ought to be more politicised and all of us should make it a point to vote and elect those people in the system who can make a difference. If we don't vote then we loose our right to ask questions to our politicians that why aren't they working properly. Remember these politicians are not our leaders but are public servants.

4. Let us make sure that we don't let this episode die away without any results; lets make sure we back the media in getting a permanent solution from the government to tackle terrorism. It is nice to have "THE SPIRIT" and "THE RESILIENCE" that Mumbaikars have always shown,but let us not take these as excuse that we get back to normal life and then allow another attack after 2-3 months.

5. Lets ask questions such as why can't the financial capital of India get the best possible security even after paying more than 50% of total taxes received by the government. If we do not get any solution to the problem of terrorism then lets stop paying our taxes from next year. If 10-15 people don't pay their taxes then they are likely to get arrested but if the entire city doesn't pay the taxes then the government will be bound to take action to solve our problems. Its high time we DO something rather than pondering on what we can do. Together we can certainly bring about a change. so lets wake up from our passiveness and bring about a positive change.