Lumuhuku

Arbitary Obsessionist's Blog : Ambition is redundant. In life, mission is everything.

Archive for July 2007

Buffet Says

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These are my favorite quotes made by the great Warren Buffet…
..and I am not good enough to explain or comment on any one of those… 😉

Wide diversification is only required when investors do not understand what they are doing.

Buy something that you’d be perfectly happy to hold if the market shut down for 10 years.

We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.

Why not invest your assets in the companies you really like? As Mae West said, “Too much of a good thing can be wonderful”.

Your premium brand had better be delivering something special, or it’s not going to get the business.

Our favourite holding period is forever

Written by Dev

July 21, 2007 at 2:32 am

Posted in Money Matters

Everybody has a dark side

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Everybody has a dark side. And by everybody, I mean ‘everybody’.
I seriously do believe that there is nobody who does not have a hidden dark side.
It is just a matter of finding out what it is…
I may sound very pessimistic, to say the least. But even the greatest of all noble beings do show up their dark thoughts if we carefully ‘datamine’ their lifestyles and personalities.And when this darker side is revealed to us, we should be careful, not to let this revelation act be known to that person. This will help us in maintaining a safe distance from that person. And who knows might give us the benefit of using this newly found information against the person in the future.Even the moon has a dark side. It is just very unfortunate that apart from the astronauts, nobody has seen it in real life… 

 


So keep looking’ for the darkness ! !

Written by Dev

July 21, 2007 at 2:21 am

I am still waiting for you

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It is not the pain that matters,
it is the loneliness that shatters.
I always felt that there was someone for me,
but it seemed that God wanted a fee.
For me, the time had come for a disaster,
but in the end, it were the emotions I couldn’t master.
Then you came to me without a sound,
and it seemed like love that I had found.
In your company, I found pleasure,
as you became my undiscovered treasure.
I don’t know whether what I say is wrong or right,
but one thing is true that I always want you in my sight.
I think that one day you will reciprocate what I feel,
even though today, for you, it might not be a big deal.
I don’t have much more to say, except what is very true,
that as usual, I am still waiting for you…

Written by Dev

July 19, 2007 at 6:59 am

Make a killing!!… not yours!

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If you know what money is then you would definitely be familiar with Peter Lynch…
He once said, “The best time to buy is when there is blood on the street”…. refering to the art of buying stocks…
Though I am no authority in this field, but syill I wiould like to modify it a wee bit…
So here it goes…

“The best time to buy is when there is blood on the street. But if you try to catch a falling knife, the blood would be yours.”

What I want to advice is that when the markets are going down, it is best to buy stocks at low and attractive prices. But you need to see whether the company does have any value or it is just having a free fall.
So, suppose at the time of boom, a firm has price of Rs. 500.
…and at the time of slump, it is going down to 100…
then buy only if you are able to see any value…. otherwise… without value, the stock prices might go down to Rs 10….
..and that means you are a dead duck…

So, before investing, just do check, that the blood on the street is not yours….

Keep mintin’ money!!!