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Food for thought!

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Printed Date: 20/Apr/2025 at 5:42pm


Topic: Food for thought!
Posted By: Mohan
Subject: Food for thought!
Date Posted: 24/Oct/2007 at 2:23am
Kulmanji,
Everyday, I look forward to your posts on this thread. Keep it up.
I am really enjoying it and learning from it.
Speaking about thali, We have a wonderful veg restaurant called " THALI " in Houston TX. All you can eat buffet for USD 15 per person. Needless to say, one meal at thali  and one one has to take the rest of the day off.
 Anyone visiting Houston is entitled to in invitation on me.


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Be fearful when others are greedy and be greedy when others are fearful.



Replies:
Posted By: Mohan
Date Posted: 25/Oct/2007 at 12:44pm
Kulmanji,
I have had thali at 2 places in Pune. first one is on the road between Railway station an  MG road. I forget the name of the road and restaurant.
THe second one is on Pimpri Chinchwad road.
I have enjoyed my stay in Pune and remember having a really hot misal in Budhwar peth I think. Not to forget the chutney sandwiches of Marzorin on MG road. Hope I have spelled the names correctly.
Looking forward to my next visit to Pune soon.


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Be fearful when others are greedy and be greedy when others are fearful.


Posted By: johnnybravo
Date Posted: 25/Oct/2007 at 11:30am
Mohanji,
Budhwarpeth...hmm....what other offerings did u try at Budhwarpeth??? Its known for spicy things Wink
kulmanji knows better!



Posted By: CHINKI
Date Posted: 25/Oct/2007 at 11:37am
During educational tour while doing Engineering, lot of mechanical engg. friends who had gone to Pune for industrial visits, went to Budhawarpet to do sightseeing but ended up doing something else.

Thereafter Mechanical Branch of our Batch were called as "BUDHWARPET BRANCH"

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TOUGH TIMES NEVER LAST, BUT TOUGH PEOPLE DO


Posted By: basant
Date Posted: 25/Oct/2007 at 11:39am
So we are finally talking thallis and Buffet on the Mohnish Pabrai thread?

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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


Posted By: johnnybravo
Date Posted: 25/Oct/2007 at 11:45am
i am afraid we aren't! we r diverting to the primary business of addressing physical needs of mortal beings -- xbox any listed company out there?? 


Posted By: kulman
Date Posted: 25/Oct/2007 at 11:58am
m/s Chinki & Tushar
 
I somehow am not able to understand what you guys mean.
 
Basant jee....these posts about eating-out could be shifted to Lounge.
 
 
 
 


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Life can only be understood backwards—but it must be lived forwards


Posted By: johnnybravo
Date Posted: 26/Oct/2007 at 12:00pm
sau chuhe khake...


Posted By: kulman
Date Posted: 26/Oct/2007 at 12:10pm
Tushar Bhai
 
what has Billi and Haj to do with all this? Perhaps Cats  on TED would be able to decipher....LOL


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Life can only be understood backwards—but it must be lived forwards


Posted By: smartcat
Date Posted: 26/Oct/2007 at 12:45pm
Kulman, quite easy. These two are dropping heavy hints right on our heads -
 
1st Clue: Tushar says 'the place is known for spicy things' and the statement is followed by a wink. The wink is quite important - something that a Sajjan would give to another Sajjan.
 
2nd Clue: Chinki's classmates ended up doing 'something else' on a college trip. Think testosterone.
 
Answer is available http://en.wikipedia.org/wiki/Budhwar_Peth - here .


Posted By: Mohan
Date Posted: 26/Oct/2007 at 12:52pm
Originally posted by kulman

Oh yes....Mayur from Chinchwad has started a branch on JM Road.
 
And as you may be knowing Budhwar Peth offers many other Hot items than only Misal.
 
Marz-o-rin is booming with its sandwiches, shakes, juices. You know what....on weekends, entire stretch of MG Road is made "Walking Plaza"....no vehicles allowed!
 
Having said that those old world Irani restaurants are however becoming things of the past ....e.g. Lucky in Deccan Gymkhana. Cafe Naaz on MG Road have down the shutters.


Kulmanji,
For My next trip to Pune I will consult You, Chinki and Tushar before confirming itinerary. I get a feeling I did not get the full Tour of Budhwarpeth. Abhi pata chala ke Budhwarpeth me peth pooja ke aur bhi matlab hote hai.  ( more to do with Pooja and less with peth LOL )
Sorry to hear about Lucky and Cafe Naaz. Irani hotels are particularly enjoyable during the monsoon.


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Be fearful when others are greedy and be greedy when others are fearful.


Posted By: CHINKI
Date Posted: 26/Oct/2007 at 12:59pm
Originally posted by smartcat

Kulman, quite easy. These two are dropping heavy hints right on our heads -

1st Clue: Tushar says 'the place is known for spicy things' and the statement is followed by a wink. The wink is quite important - something that a Sajjan would give to another Sajjan.


2nd Clue: Chinki's classmates ended up doing 'something else' on a college trip. Think testosterone.


Answer is available http://en.wikipedia.org/wiki/Budhwar_Peth - here .


Kulmanji, aap kithne salonse Pune me hai???

Smartcat : aap to Wikipedia ka fan lagta hai!! Easier way of telling the different meanings for the same word for different people

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TOUGH TIMES NEVER LAST, BUT TOUGH PEOPLE DO


Posted By: kulman
Date Posted: 26/Oct/2007 at 1:11pm
Yeah.....wholesale electronics goods market is what I meant. One can get 15~20% off MRP.
 
Upon reading the posts of other members I'm a bit disappointed. This internet has spoiled new generation.
 
Kya hoga eis desh kaa? Bharat mera mahaan!
 
 
 


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Life can only be understood backwards—but it must be lived forwards


Posted By: smartcat
Date Posted: 26/Oct/2007 at 1:20pm
I agree. Ours is a land of saints and sages, ours is a land of Maharana Pratap, Kittur Rani Chennamma and Tantia Topi - but this new generation (ahem) is spoiling everything.


Posted By: catcall
Date Posted: 26/Oct/2007 at 9:51pm
j

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There are two times in a man's life when he should not speculate-when he can't afford it and when he can-Happy investing!


Posted By: catcall
Date Posted: 26/Oct/2007 at 9:52pm
Originally posted by smartcat

I agree. Ours is a land of saints and sages, ours is a land of Maharana Pratap, Kittur Rani Chennamma and Tantia Topi - but this new generation (ahem) is spoiling everything.
 
Come on smartcat, we do get rebirths of Mahatma gandhi now and then, in fact we actullay have at least two of them on TED!LOLWink


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There are two times in a man's life when he should not speculate-when he can't afford it and when he can-Happy investing!


Posted By: us121
Date Posted: 18/Nov/2007 at 2:32pm
Oscar Wilde:

“A pessimist is somebody who complains about the noise when opportunity knocks.”


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ABILITY will get u at d top. CHARACTER will retain u at d top


Posted By: us121
Date Posted: 01/Dec/2007 at 9:07pm

I normally make up my mind about 
whether I can trust somebody

within sixty seconds of meeting them.

::: http://www.woopidoo.com/business_quotes/authors/richard-branson-quotes.htm - Richard Branson :::
 
"In the middle of difficulty lies opportunity."
 
"The greatest results in life are usually attained by 
simple means and the exercise of ordinary qualities."



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ABILITY will get u at d top. CHARACTER will retain u at d top


Posted By: MissingLink
Date Posted: 01/Mar/2009 at 9:50am

What are the top 30 innovations of the past 30 years .....

 
http://knowledge.wharton.upenn.edu/article.cfm?articleid=2163 - http://knowledge.wharton.upenn.edu/article.cfm?articleid=2163


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Missing a train is only painful if you run after it! Not Matching the idea of success others expect from you is only painful if thats what you are seeking.
-- Nassim Nicholas Taleb


Posted By: MissingLink
Date Posted: 23/Mar/2009 at 1:55pm
http://seedmagazine.com/content/article/thinking_meta/P1/ -
 
Good judgment is more than a matter of “gut feeling” — it’s the willingness to reflect on the decision-making process itself
 
 
http://seedmagazine.com/content/article/thinking_meta/P1/


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Missing a train is only painful if you run after it! Not Matching the idea of success others expect from you is only painful if thats what you are seeking.
-- Nassim Nicholas Taleb


Posted By: Hitesh Shah
Date Posted: 20/Apr/2009 at 12:09pm
A New Look at Wealth Creation

http://timesofindia.indiatimes.com/Editorial/QA--Wealth-creation-has-a-new-meaning-today/articleshow/4420721.cms - Source

Q&A | 'Wealth creation has a new meaning today'

20 Apr 2009, 0000 hrs IST


 







Renu Mehta is one of UK's youngest, high-powered philanthropreneurs redefining the face of http://timesofindia.indiatimes.com/Editorial/QA--Wealth-creation-has-a-new-meaning-today/articleshow/4420721.cms#">philanthropy . She tells Nona Walia why we need to

redefine the concept of giving:


How are young philanthropists changing the concept of giving?

I feel young philanthropists are quite different in their approach to philanthropy. There are several super-rich, young billionaires who have reaped the benefits of capitalism but believe it can be applied in the service of http://timesofindia.indiatimes.com/Editorial/QA--Wealth-creation-has-a-new-meaning-today/articleshow/4420721.cms# - - charity . The `philanthropreneurs' are driven to do good.

This is a new movement, where people don't leave cash-rich legacy after they turn a certain age, but start giving to society when they're young in a creative way. They have a passion to bring about social change with their money, time and skills. This is the new face of philanthropy. Therefore, we've formed a club of global leaders, celebrity activists, influential entrepreneurs who want to come together collectively to make a difference. I'm closely working with Peter Archer of Sandwell, Prince Azim of Brunei, Timothy Bell, Annabel Goldsmith and The Earl of Iveagh.

So, philanthrocapitalists have given a whole new meaning and purpose to wealth creation?

Wealth creation has a new meaning these days. Everyone wants to be an ethical money-creator. It also builds on the brand value of companies. Modern-day CEOs just don't want to come across as hard, money-making men. So, everyone wants creative solutions to making money yet helping out. Charity is often trigged by an emotion that we express through giving. Philanthropy is about channelising it strategically. New-age philanthropists are interacting at the highest level for social change; i do not like to call it socialising. For instance, we exchange ideas to stimulate a new http://timesofindia.indiatimes.com/Editorial/QA--Wealth-creation-has-a-new-meaning-today/articleshow/4420721.cms# - - culture of giving. I confess that the glamour attract people and gets the message across. Therefore, we've often had Al Gore, Bill Clinton, Milla Jovovich, Deepak Chopra, Michael Douglas for our causes.

Is that why you chose to turn your social network into a network for doing good?

I wanted to make generosity fashionable again. I work closely with James Mirrlees to give the super-rich a fiscal incentive to dramatically stimulate http://timesofindia.indiatimes.com/Editorial/QA--Wealth-creation-has-a-new-meaning-today/articleshow/4420721.cms#">philanthropic giving. Essentially, the super-rich are the most privileged, they can really bring about change.

So, new philanthropists don't just want to give their cash but want to be hands-on with their skills too?

Modern-day philanthropy doesn't end with signing a cheque. I've seen the new breed of philanthropists give their entrepreneurial http://timesofindia.indiatimes.com/Editorial/QA--Wealth-creation-has-a-new-meaning-today/articleshow/4420721.cms# - - spirit of how they want to make good investments where they are seeking the best social returns. There's a new synergy. We want things to happen fast to create a better world. It's about having a global responsibility. We need action-oriented philanthropists. Innovation and entrepreneurship will be needed now more than ever in bringing social change.









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Posted By: Hitesh Shah
Date Posted: 30/Apr/2009 at 10:52am
Hypocrisy is the most difficult and nerve-racking vice that any man can pursue; it needs an unceasing vigilance and a rare detachment of spirit. It cannot, like adultery or gluttony, be practiced at spare moments; it is a whole-time job.   Maugham, W. Somerset

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Posted By: Hitesh Shah
Date Posted: 14/Jun/2009 at 2:16pm
Tips! How people want tips! They crave not only to get them but to give them. There is greed involved, and vanity. It is very amusing, at times, to watch really intelligent people fish for them. And the tip-giver need not hesitate about the quality, for the tip-seeker is not really after good tips, but after any tip. If it makes good, fine! If it doesn't, better luck with the next. I am thinking  of the average customer of the average commission house. There is a type of promoter or manipulator that believes in tips first, last and all the time. A good flow of tips is considered by him as a sort of sublimated publicity work, the best merchandising dope in the world, for, since tip-seekers and tip-takers are invariably tip-passers, tip-broadcasting becomes a sort of endless-chain advertising. The tipster-promoter labours under the delusion that no human being breathes who can resist a tip if properly delivered. He studies the art of handing them out artistically. 

Reminiscences of a stock-operator


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Posted By: Hitesh Shah
Date Posted: 20/Jun/2009 at 2:45pm
It is more important to focus on not being consistently stupid than it is to focus on being consistently smart: Munger

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Posted By: Hitesh Shah
Date Posted: 25/Jun/2009 at 8:44pm
On failure

If you're doing your best, you won't have any time to worry about failure.  ~Quoted in P.S. I Love You, compiled by H. Jackson Brown, Jr.


Failure is an event, never a person.  ~William D. Brown, Welcome Stress!


The only time you don't fail is the last time you try anything - and it works.  ~William Strong


I have not failed.  I've just found 10,000 ways that won't work.  ~Thomas Edison


I don't know the key to success, but the key to failure is trying to please everybody.  ~Bill Cosby


There is no failure except in no longer trying.  ~Elbert Hubbard


Supposing you have tried and failed again and again.  You may have a fresh start any moment you choose, for this thing we call "failure" is not the falling down, but the staying down.  ~Mary Pickford


Try again.  Fail again.  Fail better.  ~Samuel Beckett


Failure doesn't mean you are a failure... it just means you haven't succeeded yet.  ~Robert Schuller


One fails forward toward success.  ~Charles F. Kettering


One must be a god to be able to tell successes from failures without making a mistake.  ~Anton Pavlovich Chekhov


A man may fall many times, but he won't be a failure until he says that someone pushed him.  ~Elmer G. Letterman


Never confuse a single defeat with a final defeat.  ~F. Scott Fitzgerald


In a world flagrant with the failures of civilization, what is there particularly immortal about our own?  ~G.K. Chesterton


They say President Wilson has blundered.  Perhaps he has, but I notice he usually blunders forward.  ~Thomas Edison


There are defeats more triumphant than victories.  ~Michel de Montaigne


Failure sometimes enlarges the spirit.  You have to fall back upon humanity and God.  ~Charles Horton Cooley


Notice the difference between what happens when a man says to himself, "I have failed three times," and what happens when he says, "I am a failure."  ~S.I. Hayakawa


A failure is a man who has blundered, but is not able to cash in the experience.  ~Elbert Hubbard


No man is a failure who is enjoying life.  ~William Feather


Failure is only the opportunity to begin again more intelligently.  ~Henry Ford


Because a fellow has failed once or twice or a dozen times, you don't want to set him down as a failure till he's dead or loses his courage.  ~George Horace Lorimer


You can't have any successes unless you can accept failure.  ~George Cukor


There is no failure.  Only feedback.  ~Robert Allen


Failure changes for the better, success for the worse.  ~Lucius Annaeus Seneca


There is much to be said for failure.  It is more interesting than success.  ~Max Beerbohm, Mainly on the Air, 1946


You always pass failure on your way to success.  ~Mickey Rooney


Nothing fails like success because we don't learn from it.  We learn only from failure.  ~Kenneth Boudling


Our business in life is not to succeed, but to continue to fail in good spirits.  ~Robert Louis Stevenson


It is a mistake to suppose that people succeed through success; they often succeed through failures.  ~Author Unknown


The men who try to do something and fail are infinitely better than those who try to do nothing and succeed.  ~Lloyd Jones


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Posted By: Hitesh Shah
Date Posted: 26/Jun/2009 at 11:43am
There's a story of a cap seller who wears his entire stock of caps on his head — including his own. One day, he sits down under a tree to take a nap, with all his caps still on his head. He wakes up to find that all the caps but his own are stolen by a troop of monkeys, who now sit in the tree wearing them. The peddler scolds them, and yells at them, while the monkeys only imitate him. The peddler thinks awhile and finally throws down his own cap in apparent disgust - upon which the monkeys throw theirs down as well, right at his feet. He stacks the caps back on his head and goes on his way....

Morals:
1. We should understand why the great investors do what they do or else we'll be like the monkeys in the story.

2. Imitation may be greatest form of flattery, but it may not benefit the imitator.


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Posted By: Hitesh Shah
Date Posted: 10/Sep/2009 at 12:33pm

“Contradictions do not exist. Whenever you think you are facing a contradiction, check your premises. You will find that one of them is wrong.”



Somewhere Confused in Ayn Rand's Atlas Shrugged.


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Posted By: suyogagrawal
Date Posted: 10/Sep/2009 at 4:42pm
Hi HItesh Ji,
 
Nice quote....Btw have you read Atlas Shrugged???? I was always scared of Atlas Shrugged loking at its sheer size but finally finished it and really after reading the book realized the true worth of it.........


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Difficulty is the excuse history never accepts...


Posted By: Hitesh Shah
Date Posted: 10/Sep/2009 at 4:45pm
Originally posted by suyogagrawal

Hi HItesh Ji,
 
Nice quote....Btw have you read Atlas Shrugged???? I was always scared of Atlas Shrugged loking at its sheer size but finally finished it and really after reading the book realized the true worth of it.........


Yes, sad to say, I read it more than once. The ending is a bit contrived but other than that it's worth the trouble. I prefer it to Fountainhead.



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Posted By: Mohan
Date Posted: 10/Sep/2009 at 8:00pm
Originally posted by Hitesh Shah

There's a story of a cap seller who wears his entire stock of caps on his head — including his own. One day, he sits down under a tree to take a nap, with all his caps still on his head. He wakes up to find that all the caps but his own are stolen by a troop of monkeys, who now sit in the tree wearing them. The peddler scolds them, and yells at them, while the monkeys only imitate him. The peddler thinks awhile and finally throws down his own cap in apparent disgust - upon which the monkeys throw theirs down as well, right at his feet. He stacks the caps back on his head and goes on his way....

Morals:
1. We should understand why the great investors do what they do or else we'll be like the monkeys in the story.

2. Imitation may be greatest form of flattery, but it may not benefit the imitator.



Relating this story to the stock market participants, It is easy to identify the monkeys. A bit more difficult to identify the cap seller. ( I wonder where the stocks editor and TAUS/FAUS get categorized )



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Be fearful when others are greedy and be greedy when others are fearful.


Posted By: Hitesh Shah
Date Posted: 10/Sep/2009 at 11:33pm
Originally posted by Mohan

....
Relating this story to the stock market participants, It is easy to identify the monkeys. A bit more difficult to identify the cap seller. ( I wonder where the stocks editor and TAUS/FAUS get categorized )



This is a tough question: if forced to answer, I'd go for promoters who trade in their own shares????Confused Confused Confused


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Posted By: Hitesh Shah
Date Posted: 08/Nov/2009 at 9:26pm
Most people are other people. Their thoughts are someone else's opinions, their lives a mimicry, their passions a quotation. Oscar Wilde, De Profundis, 1905

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Posted By: Hitesh Shah
Date Posted: 04/Dec/2009 at 6:56pm
... a fable written by James Thurber, entitled “The Scotty Who Knew Too Much.”

The fable tells the story of a small Scottish terrier from the city, who goes to the country for a visit. The Scotty soon comes to the conclusion that farm dogs are cowards, because they are afraid of a certain small black animal with a bushy tail, and a white stripe down its back. “I can lick you, and the little animal with the white stripe, too. Show him to me,” the Scotty says to his country cousin. “Don’t you want to ask any questions about him?” the farm dog asks. But the Scotty declines, and is soon led to the woods, where he is pointed in the direction of the white-striped creature. Growling and slashing the Scotty closes in. But before he knows what happened, the fight is over, and he is flat on his back. When he regains consciousness the farm dog asks what happened. “He threw vitriolic acid at me. But he never laid a glove on me.”

A few days later the Scotty learns there is another animal all the farm dogs are afraid of. “Lead me to him,” the Scotty says, “I can lick anything that doesn’t wear horseshoes.” “Don’t you want to ask any questions about him?” “Naw, just show me where he hangs out.” So the farm dog takes him to the woods and points out the animal. “What a clown, what a pushover,” the Scotty says as he closes in. In a split-second the fight is over, the Scotty flat on his back. As he wakes up, the farm dog is pulling quills out of him. “What happened,” the farm dog asks. “He pulled a knife on me, but at least I now have learned how to fight in the country, and now I am going to beat you up.”

So the Scotty closes in on the farm dog, holding his nose with one paw to ward off the vitriol, and covering his eyes with the other paw, to keep out the knives. Since he can thus neither see nor smell his opponent, the Scotty is beaten so badly that he needs to be taken back to the city and put in a nursing home.

The moral of the story: It is better to ask some of the questions than to know all the answers.


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Posted By: joslinjose9
Date Posted: 10/Dec/2009 at 5:02pm
Gift your daughter blue chips, not gold
 
Shagun Dayal Swarup, a media professional in her twenties has started worrying about her 9-month-old daughter Arin’s wedding, from now only. Her worry is solely because of the rising price of gold. “Possibly when my daughter will be in her twenties, people will start wearing jewellery made of wood. But you never know, even wood may become very expensive by then,” she says as she cracks a joke with her colleagues.

Jokes apart, though not much has changed over the years in the Indian wedding ceremonies – colour, hospitality, joie de vivre, sumptuous food, yet just one ingredient is now different: the bride’s gift, as gold price is soaring high.

At a recent wedding in the city, an indulgent father decided to take a break from tradition. Instead of gold and diamonds, he gifted his daughter 100 shares of Cognizant Technology Solutions.
 
This is not a case in isolation. In the past, as also now, affluent North Indians gave away gold, land, four-wheelers when their daughters got married. Today, with gold prices shooting up by the day and blue-chips within reach, parents are opting for shares, bonds and even managed portfolio accounts.

Din Dayal Sharma, a Gurgaon-based businessman, gifted 300 shares of Reliance, among other things, to his daughter on her wedding day. At one stroke, he dropped the idea of buying gold and put his money in the stock markets instead.

“When I started shopping for the wedding, yellow metal prices were trading at record highs. The markets were still lukewarm and a lot of blue-chip stocks were available at throwaway prices. It seemed like a great idea to gift my daughter shares of some good companies which would stand her in good stead when the markets looked up,” he says.

Financial planner and chartered accountant Nitin Madan expresses, “Yes these days people are opting for other gift ideas as the price of gold exceeded 17k. We have seen sensible options like bonds, capital protection funds, gold mutual funds and other structured instruments being gifted. Of course, gold and other precious metals are being bought too. It’s just that newer and more practical options are being tried out.”

“Recently, one of my client gifted 100 shares of Infosys Technologies at a wedding, while another one presented 150 shares of Yes Bank for a naming ceremony,” adds Madan without revealing his clients’ identities.

Arnab Sarkar, Project Manager with AA NASS, a leading construction company based in Bahrain says, “Organisations too are choosing to gift shares of IT companies, banks and PSU bonds on festive occasions instead of gold coins.”
Adds a city-based jeweller, “When prices fall a bit, people are buying. People still buy gold though they are opting for other gifts also with the rising price of gold.”

Every day that passes, some new facts and trends are impressed on our minds. That is not the breaking of age-old traditions, it’s simple realism. It means, on the other side of the gold price-rise, somebody somewhere is building a new concept – a just economy with genuine freedom. Wouldn’t you like to be part of that re-building


 


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fear of lord is the beginning of wisdom


Posted By: Hitesh Shah
Date Posted: 16/Dec/2009 at 6:05pm
David St. Hubbins memorably said in the movie This is Spinal Tap, "It's such a fine line between stupid and clever." In investing, the line between being patient and being stubborn is even finer, unfortunately.

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Posted By: basant
Date Posted: 02/Jan/2010 at 3:13pm
CK Venkatraman, COO of the jewellery division at Titan Industries has been cycling to work since 2002.

http://www.mydigitalfc.com/news/they-could-pedal-their-way-cleaner-world-025


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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


Posted By: Bhupan
Date Posted: 02/Jan/2010 at 10:08pm
Originally posted by Hitesh Shah

David St. Hubbins memorably said in the movie This is Spinal Tap, "It's such a fine line between stupid and clever." In investing, the line between being patient and being stubborn is even finer, unfortunately.



Similar lines by Gene Hackman in Enemy of State to Will Smith -  Either You are too smart or simply too stupid .



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