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kulman
Senior Member
Joined: 02/Sep/2006
Location: India
Online Status: Offline
Posts: 9319
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   Posted: 26/Feb/2008 at 10:55am |
Originally posted by nitin_jagtap
Johnny : " People employed per store to Foot Falls per day per store ....Pops I know the numerator would be greater than the denominator but still  "
Jack : " "  Bu#$%$..." |
Bunty: "Papa, somehow I don't agree with Johny on this."
Mungerilal: "Why Bunty beta?"
Bunty: "Look....we are in India. And knowing Indian habits, retailers must be valuated on P/S basis."
Mungerilal: "You mean like banks...People employed to the number of Security guards deployed? "
Bunty: "Naah Papa, here it's Price to number of Shoplifters ratio. We are Indians...try to understand."
Mungerilal:" Bh%$^&.... "
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Life can only be understood backwards—but it must be lived forwards
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nitin_jagtap
Senior Member
Joined: 29/Dec/2007
Location: India
Online Status: Offline
Posts: 1283
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Posted: 27/Feb/2008 at 9:02am |
Jack : " True Sunny ..... he hasnt really had any hit movie for a long time and he has had a bad time ever since he married Ms.Rai  "
Johnny :" I dont think Pops ..if half of his time is spent in sitting in Pubs and roaming near the Taj Mahal SMSing stupid woman where will he get time for movies ...isnt that true Pops  "
Jack : " " Bu#$%$..."
Edited by nitin_jagtap - 27/Feb/2008 at 9:03am
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Warm REgards
Nitin Jagtap
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nitin_jagtap
Senior Member
Joined: 29/Dec/2007
Location: India
Online Status: Offline
Posts: 1283
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Posted: 02/Mar/2008 at 7:35pm |
Johnny : " Pops you seem quite unhappy about the budget "
Jack : " Yes Sunny I am pretty unhappy about the STCG  "
Johnny : " STCG ?"
Jack : " Yes the short term capital gain that I have to pay on all my short term trades has been increased from 10 to 15% "
Johnny : " That means Pops WHATEVER LITTLE MONEY THAT YOU USED TO MAKE ONNNCE IN A WHILE WILL ALSO will be reduced  "
Jack : " " Bu#$%$..."
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Warm REgards
Nitin Jagtap
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valueman
Senior Member
Joined: 29/May/2007
Location: India
Online Status: Offline
Posts: 1134
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Posted: 04/Mar/2008 at 11:00am |
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That was terrific Nitin .
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To achieve satisfactory investment results is easier than most people realize ; to achieve superior results is harder than it looks .
Benjamin Graham.
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nitin_jagtap
Senior Member
Joined: 29/Dec/2007
Location: India
Online Status: Offline
Posts: 1283
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Posted: 05/Mar/2008 at 12:34pm |
Johnny : " Pops what happened to the Swiss holiday that you had promised me in the month of December ...you havent told us anything on that so far  "
Jack : " Sunny those promises were linked to market conditions and the risk factors is something I hadnt anticipated "
Johnny : " tell me Pops what does that mean in plain english "
Jack : " Most of my stocks have taken a severe beating and looks like these stocks will never recover for a long time  "
Johnny : " You have learnt a lesson Pops .....but sadly after the episode is behind us "
Jack : "  sorry Sunny I made a promise that I cant fulfill "
Johnny : " Nevermind Pops ...forget Switzerland ...I suggest you sell those stupid penny stocks and lets use that money and go to the local circus before it becomes too late wherein we cant even afford the circus  "
Jack : " " Bu#$%$..."
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Warm REgards
Nitin Jagtap
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kulman
Senior Member
Joined: 02/Sep/2006
Location: India
Online Status: Offline
Posts: 9319
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Posted: 05/Mar/2008 at 9:52am |
Originally posted by nitin_jagtap
Jack : " sorry Sunny I made a promise that I cant fulfill "
Johnny : " Nevermind Pops ...forget Switzerland ...I suggest you sell those stupid penny stocks and lets use that money and go to the local circus before it becomes too late wherein we cant even afford the circus "
Jack : " " Bu#$%$..."
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Mungerilal: "Beta Bunty....what do you say about Johny's idea?"
Bunty: "Instead of spending money on circus, I would rather tell Jack uncle to watch CNBC instead. It covers all the animals & has better jokers, doesn't it Papa?"
Mungerilal: "...Bh$%^#...."
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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
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Posted: 06/Mar/2008 at 9:48am |
"Bol mere Laal"
Bunty: "Papa....what do you have to say about ICICI Bank taking a hit on account of sub-prime?"
Mungerilal: "Bunty beta....real damage details are not yet known."
Bunty: "I like that Bank."
Mungerilal: "Why?"
Bunty: "See they really carry out the business according to their tagline. By getting involved in that mess, it's kind of message to Citi, UBS etc...that: 'here also Hum hain naa' "
Mungerilal: ".... Bh$#%^..... "
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Life can only be understood backwards—but it must be lived forwards
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kulman
Senior Member
Joined: 02/Sep/2006
Location: India
Online Status: Offline
Posts: 9319
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Posted: 07/Mar/2008 at 8:23am |
"Bol mere Laal"
Mungerilal: "Bunty beta....yes I saw that. Things will improve over time as we are growing to be a developed economy."
Bunty: "Sure they will & it's better if that happens quicker."
Mungerilal: "Why?"
Bunty: "What that survey doesn't reveal Papa is that over the past couple of months during bull run not even 13% of Indian men really worked. Like you, all others were thinking that Stock Markets is the place to be for easy fast buck."
Mungerilal: ".... Bh$#%^.... "
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Life can only be understood backwards—but it must be lived forwards
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