Whoever has faith in stockmarkets? Hear this pregnant ToI story today…
"Even people in the top of the government machinery are not very willing to enter the stock market. This was again demonstrated when Ravi Mathur, the divestment secretary to the finance ministry, was candid enough to admit that although he has a demat account for several years there has not been any transaction of shares in it…."
(Me: The divestment secretary is the topmost official who advises the government on when to divest (or sell) its stake/holdings in premier public-sector undertakings (PSUs). The stock market is purely speculative and the bottomline is nobody – I repeat NOBODY – knows why the stockmarket indices or why prices of particular scrips go up or down. Also remember, if the so-called investment consultants and the analysts really believe what they are saying, they would hardly be spending (or wasting) their time advising or writing, for peanuts in return, on how or where others should invest and make potful of money but would rather be busy themselves minting money in the bourses. Movement of prices of individual scrips is more often the handiwork of company-promoters/owners in collusion with High Networth Individuals and unscrupulous brokers. Entrepreneurs these are no longer interested in making money through profits from their enterprises – they weave fanciful dreams out of words and glibly talk of their outfits breaking even – yep, breaking even – in a few years and offer scrips to suckers like you and me at a huge premium – 300 or 400 rupees - on the face value of Rs.10 and thus reap windfall for themselves.)
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Pun fun…
Tweet of the day: @rameshrivats: Sanjay Dutt asks SC for more to surrender. He is becoming like our dear PM: very reluctant to even start a sentence.
Courtesy: Mumbai Mirror 16/4/13
(Comment: Only a few days did the once-Sunju baba weep like a baby in front of cameras after the SC verdict was out and said he wouldn't seek mercy or any kind of reprieve and serve the full term in prison. Film stars act off-screen too, and for all their filmy herogiri, are cowards, and yellow from inside…)
Mindchow
Life is a long lesson in humility.
Pun fun..
Never let a kiss fool you and never let a fool kiss you.
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Line Maro…
If you were a stop light, I'd turn red every time you passed by, just so I could stare at you a big longer.
(Me: and she would turn red seeing you, too….!)
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News you can use!
Invest in water to get extremely rich…!
Jim Rogers, the American investor who foresaid the start of a commodity rally in 1999, said he is "extremely optimistic" about investing in water amid a scarcity of supply in countries from India to the US of A. "If you can find ways to invest in water, you will be extremely rich because we do have a serious water problem in many parts of the world like India, China, the southwestern part of the US and west of the Red Sea" he says.
(Me: This IS a sound investment advice, for sure!)
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From the world of medical science…
A recent study found that C-reactive protein, which is associated with heart attack risk, was higher in people who got six or fewer hours of sleep a night.
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Beer taste alone triggers reward chemical in brain..
Washington: The taste of beer, even without any effect from alcohol, triggers a key reward chemical, dopamine, in the brain, according to a study on Monday that explores how people become hooked on booze. Just a taste of the beer lit up dopamine receptors, and the effect was far greater than for Gatorade, a non-alcoholic sports drink…
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Weird world
Cop burns himself alive at third wife's home
A 40-year-old constable posted at a city police station committed suicide on Sunday at the residence of his third wife. He was suspended last September after his third wife complained that he hadn't told her about his first two marriages.
(Me: hmmmm. Many men cannot manage even one…)
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Stranded in lift sans power or phone, ill police inspector survives 2 nights.
He was stuck in the lift of his office building for more than 36 hours. He had been advised not to carry a cell phone since he suffered a brain haemorrhage in 2007. He managed to survive for two nights without any fresh air, water or food in the lift, amid the overpowering stench. And the entire police department was sent on a wild goose chase after the missing cop…
As soon as he entered the lift on the third floor of the building, the BMC maintenance workers switched off the power. They had fiished repair work on the lift and decided to shut down the lift as they thought there was no one else in the building..
The irony is that the cop is attached to the Mumbai police's missing persons' bureau and helps track missing people in the city!
(Me; (1) shows the extreme carelessness on the part of the repair crew, for how can they assume things and take things for granted without checking if there was anyone in the lift at the time? (2) am no technical wizard, but one does feel that the talk of extreme radiation from cellphone towers/handsets is a needless scare, nay bogey, raised by uninformed chatterati – much ado about nothing…)
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Early one morning, a mother went in to wake up her son. "Wake up, son. It's time to go to school!"
"But Mom, I don't want to go."
"Give me two reasons why."
"Well, the kids hate me, and the teachers hate me too!"
"That's no reason. Come on now and get ready."
"Give me two reasons why I should go to school."
"Well, for one, you're 52 years old. And for another, you're the principal!"
(Me: well, this IS the mother of jokes, hai na?)
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Tongue very much in cheek…
"The superior man understands what is right; the inferior man understands what will sell" – Confucius
(Me: (1) The thinker-philosopher knew this modern marketing mantra thousands of years ago (2) the inferior guy is far more down-to-earth and practical, and wiser too in business matters…)
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