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India_Bull
Senior Member
Joined: 19/Sep/2006
Location: United States
Online Status: Offline
Posts: 2296
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   Posted: 30/Oct/2006 at 12:47pm |
Hi,
I used to listen very carefully the views of the fund managers and so called analysts on the business channel, but observed that they change their views often at lightening speeds just when market changes its direction.I now do not look at what they say....However I find Pranav,Vijay to be very good in their analysis...
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India_Bull forever Bull !
www.kapilcomedynights.com
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basant
Admin Group
Joined: 01/Jan/2006
Location: India
Online Status: Offline
Posts: 18403
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Posted: 06/Nov/2006 at 12:39pm |
One ML called me up some minutes back. Since he is in contact with me for some time I asked him whether he still holds TV 18 in his portfolio? He replied "saara galti woh *?@ chidambaram ka hai woh Sept 30th ka date extend karwa diya aur mein 20th tak sab share bech diya kyon ki woh sab kachcha mei tha nahin toh mein december tak rakh leta"
I wanted to tell him " agar tum aisa strategy lagaoge toh thode din mein "kache" mein a jaoge".
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'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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tigershark
Senior Member
Joined: 13/Oct/2006
Location: India
Online Status: Offline
Posts: 3542
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Posted: 06/Nov/2006 at 8:21pm |
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here is something that passed my mind - if mungerilals keep coming on
the business channel that we own and as more and more poeple
realise this dont yu feel that over a period of time the viewership
might go down
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understanding both the power of compound return and the difficulty getting it is the heart and soul of understanding a lot of things
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omshivaya
Senior Member
Joined: 06/Sep/2006
Location: India
Online Status: Offline
Posts: 5966
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Posted: 06/Nov/2006 at 8:40pm |
These "experts" are no fools. They dont just trade for a living and dont just live off their subscribers. My gut feeling tells them me that they put in a lot of the money they earn into stock investments too, for the long haul. With extra money they can afford to trade. If they were not well off, they wouldnt still be on TV18 b**king for 3 years(since I have seen them). Trading is good, when you have loads of cash as that way you can invest most of it into good stocks and really afford the risk of trading with the xtra cash. And in fact they can be good daytraders, as they will really trade "technically" and not let emotions ruin the way to trade, by worrying about a loss.
Just my 5 pence! I am no expert.
Edited by omshivaya - 06/Nov/2006 at 8:41pm
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The most important quality for an investor is temperament,not intellect.A temperament that neither derives great pleasure from being with the crowd nor against it
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kulman
Senior Member
Joined: 02/Sep/2006
Location: India
Online Status: Offline
Posts: 9319
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Posted: 06/Nov/2006 at 10:42pm |
I was with couple of Mungerilals this evening. They were describing today's experience from the 'dealing room'. Without going into individual stocks, this is what they had to say in short:
- Most of the day-traders were short on Nifty/other stock futures & had to cut losses. The song played today in the dealing room was: "Seene mein jalan, aankho mein toofan sa kyu hain? Is room mein har shakhs pareshan sa kyu hain?"
- The other Mungerilal (who missed the TV18 train) modified this song slightly...instead of "seene mein..." he replaced that body part with an unmentionable but important part....!
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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/Nov/2006 at 4:50pm |
Just received a call from our musical Mungerilal.....the information from dealing room is that today's hit song was:
"Call aur Put, Put aur Call, Call aur Put, Put aur Call, dukhi hain yun aaj milke…jaise kisi dealing room mein mil jaaye do traders tanha rote rote……"
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Life can only be understood backwards—but it must be lived forwards
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tigershark
Senior Member
Joined: 13/Oct/2006
Location: India
Online Status: Offline
Posts: 3542
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Posted: 07/Nov/2006 at 4:17am |
here is a quiz on mungerilals did you know that one famous mungi
is named after a very famous cricket ground in australia.correct answer
will get 2 nights 3days stay in that great city 
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understanding both the power of compound return and the difficulty getting it is the heart and soul of understanding a lot of things
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kulman
Senior Member
Joined: 02/Sep/2006
Location: India
Online Status: Offline
Posts: 9319
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Posted: 07/Nov/2006 at 8:36am |
Ha Ha Ha Ha .........Wah Tigershark! Kya baat hain!!!
You mean Brisbane Cricket Ground! 
Just one addition....that person is TAUjee.
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Life can only be understood backwards—but it must be lived forwards
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