Who wants to be a Mungerilal?

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Trading Psychology
The Equity Desk Forum :Market Strategies :Trading Psychology

Topic: Who wants to be a Mungerilal?

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Author	Message
Vivek Sukhani Senior Member Joined: 23/Jul/2006 Online Status: Offline Posts: 6675	Posted: 18/Oct/2006 at 9:22pm
	Kulman, Admi pi kar ke sach bolta hai.... may be we are in dangers for our liking of ballarpur Regards, Vivek
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kulman Senior Member Joined: 02/Sep/2006 Location: India Online Status: Offline Posts: 9319	Posted: 20/Oct/2006 at 9:34pm
	Vivek jee The very next day when he was in full hosh, with no hangover, I rechecked with Chunnilal...he says it was a mistake due to slip of tongue....so Ballarpur is safe! Cheers...and enjoy Diwali !!! Edited by kulman - 20/Oct/2006 at 9:35pm
	Life can only be understood backwards—but it must be lived forwards
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kulman Senior Member Joined: 02/Sep/2006 Location: India Online Status: Offline Posts: 9319	Posted: 26/Oct/2006 at 2:36am
	And here is some good reading on *"How Wall Street can wreck your life"* Those who are successful on Wall Street are often the most susceptible to depression and self-sabotage. A common refrain he (Mr. Cass, a clinical psychologist) often hears from clients is "I'm making all this money. How come I'm not happy?" ...........negative emotions can fuel some destructive habits. His clients are most often referred to him by their wives and branch managers after they've noticed serious changes in behavior: screaming, being overly demanding of coworkers, harassing women, driving clients to issue complaints and being what Cass calls "Ice Men" -- emotionally absent from family and friends. Their marriages become another mountain they have to move; their wives another person to answer to. Potential signs of alcohol dependency (again, not limited to Wall Street) include having three or more drinks a day, having problems caused or exacerbated by alcohol and drinking when you know it's dangerous. Another sign: drinking every night but feeling it's not a problem because you're still making money and doing well, Cass said. --------------------------------------------------------- Beware M/S Mungerilals & Chunnilals!
	Life can only be understood backwards—but it must be lived forwards
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monu_duggad Senior Member Joined: 07/Sep/2006 Location: India Online Status: Offline Posts: 289	Posted: 27/Oct/2006 at 5:01pm
	Basantjee... You dint write about the cnbc investor camp in kolkata....u had attended it,rite?......met any mungerilal ?
	If you think you can,You Can
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basant Admin Group Joined: 01/Jan/2006 Location: India Online Status: Offline Posts: 18403	Posted: 27/Oct/2006 at 5:41pm
	The mungerilals had made our STock Editor's life miserable so much that he had to come on stage and say "please do not tell these analysts that so and so stock fell from so and so place because in a market everyone can be wrong". Some questions that I heard and smiled (since I remembered Kulmanji ) were: 1) Aap kuch kam daam ka share batayiye to PN Vijay when he said buy Voltas. 2) Sir yeh sab toh theek hai ab Monday ke liye kya kare koi tip - to Rajan Shah of ANgel broking. 3) I saw some people discussing the Delhi road and infrastructure with PN Vijay. I thought that this was a lousy way to waste a wonderful opportunity either they want to day trade or they get so macro that they want to discuss Delhi roads. Edited by basant - 27/Oct/2006 at 5:42pm
	'The Thoughtful Investor: A Journey to Financial Freedom Through Stock Market Investing' - A Book on Equity Investing especially for Indian Investors. Book your copy now: www.thethoughtfulinvestor.in
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kulman Senior Member Joined: 02/Sep/2006 Location: India Online Status: Offline Posts: 9319	Posted: 27/Oct/2006 at 5:49pm
	Nice observation Basant jee.... In one of the seminars I attended, Ajit Dayal was crowded by 8-10 guys & they were asking his opinion about *Index (Nifty) Management on F&O expiry day!*
	Life can only be understood backwards—but it must be lived forwards
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kulman Senior Member Joined: 02/Sep/2006 Location: India Online Status: Offline Posts: 9319	Posted: 28/Oct/2006 at 3:31pm
	A Mungerilal & a stock fundamental analyst went to the racecourse. The Mungerilal suggested to bet Rs. 50,000 on a horse. The funda analyst was skeptical, saying that he wanted first to understand the rules, to look on horses, etc. The Mungerilal whispered that he knew a secret algorithm for the success, but he could not convince the funda guy. "*You are too theoretical," he said and bet on a horse. Surely, that horse came first bringing him a lot of money. Triumphantly, he exclaimed: "I told you, I knew the secret!"* "What is your secret?" the funda analyst asked. "It is rather easy. I have two kids, three and five year old. I sum up their ages and I bet on number nine." "But, three and five is eight," the funda guy protested. "I told you, you are too theoretical!" the Mungerilal replied, "*Haven't I just shown experimentally that my calculation is correct?!"*
	Life can only be understood backwards—but it must be lived forwards
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basant Admin Group Joined: 01/Jan/2006 Location: India Online Status: Offline Posts: 18403	Posted: 28/Oct/2006 at 5:40pm
	Now to all those [people who voted on Orkut against this man this is a link to suggest how much people have made by following his suggestions. To keep the suspense alive I have not written the name as it would be obvious once you click on the link. The man appears to be 100% correct. WHo says you can only be 60% right and 40% wrong but what matters is how much you lose when you were wrong? http://www.prakashgaba.com/testimonials_prakash_gaba.htm Edited by basant - 28/Oct/2006 at 5:42pm
	'The Thoughtful Investor: A Journey to Financial Freedom Through Stock Market Investing' - A Book on Equity Investing especially for Indian Investors. Book your copy now: www.thethoughtfulinvestor.in
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