Thursday, September 29, 2005
(Source: Rajeev Mundra's Blog http://rajeevmundra.blogspot.com/)
- The person that turns over the most rocks wins the game. And that's always been my philosophy.
- The key to making money in stocks is not to get scared out of them.
- I think you have to learn that there's a company behind every stock, and that there's only one real reason why stocks go up. Companies go from doing poorly to doing well or small companies grow to large companies.
- In this business if you're good, you're right six times out of ten. You're never going to be right nine times out of ten.
- You get recessions, you have stock market declines. If you don't understand that's going to happen, then you're not ready, you won't do well in the markets.
- When stocks are attractive, you buy them. Sure, they can go lower. I've bought stocks at $12 that went to $2, but then they later went to $30. You just don't know when you can find the bottom.
- I've found that when the market's going down and you buy funds wisely, at some point in the future you will be happy. You won't get there by reading 'Now is the time to buy.'
- Go for a business that any idiot can run - because sooner or later, any idiot probably is going to run it.
- Wide diversification is only required when investors do not understand what they are doing.
- Only 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.
- The only way that has ever been discovered to have a lot of people cooperate together voluntarily is through the free market. And that's why it's so essential to preserving individual freedom.
- Nobody spends somebody else's money as carefully as he spends his own. Nobody uses somebody else's resources as carefully as he uses his own. So if you want efficiency and effectiveness, if you want knowledge to be properly utilized, you have to do it through the means of private property.
- The most important single central fact about a free market is that no exchange takes place unless both parties benefit.
- My major problem with the world is a problem of scarcity in the midst of plenty ... of people starving while there are unused resources ... people having skills which are not being used.
- The most important ways in which I think the Internet will affect the big issue is that it will make it more difficult for government to collect taxes.
- The black market was a way of getting around government controls. It was a way of enabling the free market to work. It was a way of opening up, enabling people.
- I have found no greater satisfaction than achieving success through honest dealing and strict adherence to the view that, for you to gain, those you deal with should gain as well.
- The true measure of a career is to be able to be content, even proud, that you succeeded through your own endeavors without leaving a trail of casualties in your wake.
- I do not deny that many appear to have succeeded in a material way by cutting corners and by manipulating associates, both in their professional and in their personal lives. But material success is possible in this world and far more satisfying when it comes without exploiting others.
- It has been my experience that competency in mathematics, both in numerical manipulations and in understanding its conceptual foundations, enhances a person's ability to handle the more ambiguous and qualitative relationships that dominate our day-to-day financial decision-making
- Any informed borrower is simply less vulnerable to fraud and abuse
- To succeed, you will soon learn, as I did, the importance of a solid foundation in the basics of education--literacy, both verbal and numerical, and communication skills.
- It is decidedly not true that "nice guys finish last," as that highly original American baseball philosopher, Leo Durocher, was alleged to have said.
- I was a good amateur but only an average professional. I soon realized that there was a limit to how far I could rise in the music business, so I left the band and enrolled at
. New York University
- I consider my ability to arouse enthusiasm among men the greatest asset I possess. The way to develop the best that is in a man is by appreciation and encouragement.
- I have yet to find the man, however exalted his station, who did not do better work and put forth greater effort under a spirit of approval than under a spirit of criticism.
- The man who does not work for the love of work but only for money is not likely to make money nor find much fun in life.
- I quickly learned that if I kept at it and plowed right through the rejections I would eventually get somebody to buy my wares.
posted by satish vijaykumar at 9/29/2005 12:03:00 AM
Thursday, September 22, 2005
My blog is hosted at Blogspot. Mobile Blogging at Mobylog Encyclopedia at Wikipedia If there is a laptop which come ready wid all these features, trust me the world will stand in lines overnight to get their hands on them. Do feel free to post what your coolest Net Apps and utilities are, and lemme know If I've missed out on anything, lets make a cool Internet world.
The publishing system is blogger.
My pictures are hosted by Flickr.
Email with Microsoft Outlook and GMail.
Browse internet with I.E 6.0.
Ryze, Orkut & OpenBC for business and friends networking.
Bloglines to read RSS feeds.
View pics on Irfanview and sort them using Picassa.
MSN, Yahoo, Google Talk and Skype for instant messaging.
moneycontrol and equitymaster to check stock quotes.
Icicidirect to trade on Sensex/Nifty.
E-donkey for P2P transfers.
AVG is my anti virus protection.
My download server is at Rapidshare.
Play online games at Yahoo games and flash games at Miniclip.
Read news at google news.
Mailing lists at Yahoogroups.
Winamp to play music.
My blog is hosted at Blogspot.
Mobile Blogging at Mobylog
Encyclopedia at Wikipedia
If there is a laptop which come ready wid all these features, trust me the world will stand in lines overnight to get their hands on them.
Do feel free to post what your coolest Net Apps and utilities are, and lemme know If I've missed out on anything, lets make a cool Internet world.
posted by satish vijaykumar at 9/22/2005 06:21:00 PM
From: Doug [mailto:firstname.lastname@example.org]
Sent: Wednesday, September 21, 2005 8:34 PM
Subject: I never know what to put here,so may I just say PLEASE??
Find your next car at Yahoo! Canada Autos
posted by satish vijaykumar at 9/22/2005 11:24:00 AM
Tuesday, September 20, 2005
If you know or hear of a wealthy bar dancer, just dial 100 and tip off the cops. Your reward: The income tax department will give you 20 per cent of the dancer’s unaccounted wealth.
Not content with closing down dance bars across the state, Deputy Chief Minister R R Patil, now wants to target former bar girls who may have evaded taxes or amassed money through unscrupulous means.
Read more at
posted by satish vijaykumar at 9/20/2005 03:12:00 PM
Monday, September 19, 2005
posted by satish vijaykumar at 9/19/2005 06:12:00 PM
I've always had great compassion for Children of the Lesser God and always felt that they are definitely superior than many of us in many ways... There are definitely the real Rockers, the one who Rock Life!!!
Kirti Bhai lage Raho!!!
posted by satish vijaykumar at 9/19/2005 03:56:00 PM
Is this the cow that the Brits were blaming for the BSE in India.
check out the horns :):).... found it damn funny??
Whats your take on why this cow is in this state???
post your comments :))
pic courtesy Andy while travelling to Bombay-Panvel- Pen highway.
posted by satish vijaykumar at 9/19/2005 12:28:00 PM
Sunday, September 18, 2005
James - Starcast
Mohit Ahlawat,Nisha Kothari,Riya Sen, Zakir Hussain, Mohan Agashe
James - The super action man
Nisha Kothari - Ramu's new baby
I saw James last night, my views
.One of the Best movies of 2005
.Mind-blowing realistic Action scenes, one of the best in Bollywood.
.Mohit will surely rock it in Bollywood.
.Ramu's new item Nisha will do much better than Urmila
.The movies is about a bouncer and his model girlfriend on the run and revenge.
.Shot in cheap locations around Bombay including item number shot at a Nala near Oshiwara or Malad.
.There is no major story or gyaan, its a action packed movie which is definitely to be watched.
.Girls may not like it at all, the theatre had 80% men and 20% women..... I wonder why??
.Go and watch it.
posted by satish vijaykumar at 9/18/2005 12:24:00 PM
Saturday, September 17, 2005
posted by satish vijaykumar at 9/17/2005 06:46:00 PM
Read abt his heroics on the street and in the hospital "http://web.mid-day.com/news/city/2005/september/118929.htm"
Its people like Mirajkar's who make Bombay what it is and is one of the few reason people choose to to continue to live in this mean and at times heartless city .
posted by satish vijaykumar at 9/17/2005 05:21:00 PM
Friday, September 16, 2005
Drenched, Shivering Street kids sleeping on railway platforms is a sad sight.
Barking dogs around kachra dabbas at 1 am deserve to be eletrocuted.
Ladies Bars must be re-opened.
Tarannum Baby must start her own dance show on TV.
Rane and Udhav should be locked in a room.
Nepali waiters are 100 times better and ever smiling than desi waiters.
The only silver lining in the dirty slimy shady Lower Parel station are the Eves who work in Malls,Ad and Media agencies.
Aaashayen song from Iqbal has replaced Ruk Jaaana naha form Imithaan as my favorite motivational song.
Tomorrow Bombay will be a choked city with all roads leading to the beaches of Chowpatty,Juhu,Madh, Versova, Gorai and Cuffe Parade.
Kotak Mahindra Bank Sucks!!
posted by satish vijaykumar at 9/16/2005 07:55:00 PM
posted by satish vijaykumar at 9/16/2005 04:41:00 PM
posted by satish vijaykumar at 9/16/2005 04:35:00 PM
Thursday, September 15, 2005
I had posted few a tips on 7th June' 2005
Bole tho 91% return in 3 months, not bad na!!
Sensex is at an all time high and the moods all around are mixed, some expecting a deadly correction, some expecting a long bull run... My take is too book profits and limit your greed, keep money for the correction, invest in future technology sectors like Oil, Power and Infrastructure.
Some friends ask me at times WTF do I share info with people who you know will for sure forget to thank you for your efforts.... Well I agree partially with'em.... but then I have even crazier friends like KK and ABC who share and discuss news and analysis at great personal risk with me for no hidden motives or gain.
I guess its karma what goes around comes around..
Btw a part of the profits made in bull run will go to Charity and Alcohol research :)
posted by satish vijaykumar at 9/15/2005 01:14:00 AM
Wednesday, September 14, 2005
The number 1 search item on Technorati this hour is "impeach Bush."
Top Searches This Hour
1. “Impeach Bush”
Though everybody may find this cool, I salute the american democracy for having a provisionlike this... unlike 99% of the world where you vote doesnt even count and you have no say wot so ever in the running of your nation....
I still consider Bush to be a funny moron, and yes if India can shake hands with him poor Modi is like a small fry in comparison.
posted by satish vijaykumar at 9/14/2005 02:53:00 AM
Tuesday, September 13, 2005
I dunno why I feel that USA is aping lotsa things which until lately was only 100% Indians only domain expertise.
posted by satish vijaykumar at 9/13/2005 11:36:00 PM
posted by satish vijaykumar at 9/13/2005 10:41:00 PM
I know first hand the struggles and anguish of finding an ATM when its needed the most.
Here's a cool tool to find your nearest ATM for any bank. check it out
posted by satish vijaykumar at 9/13/2005 11:51:00 AM
Monday, September 12, 2005
"Lalbaug Cha Raja" (Emperor of Lalbaug) is the lovable and popular idol of Sarvajanik Gaeshotsav Mandal. The Mandal celebrates 72nd year.
The official website http://www.lalbaugcharaja.com
Also the Mount Mary Feast or Bandra Fair is on
Mount Mary Basilica
more gyan on mount Mary Church http://en.wikipedia.org/wiki/Mount_Mary
I intend to visit both shrines this week.
posted by satish vijaykumar at 9/12/2005 07:09:00 PM
In the movie "Other People's Money", Danny DeVito, who played the role of "Larry the Liquidator" is trying to convince the shareholders of New England Wire & Cable Company to vote him into power so that he can liquidate the company because in his view it deserves to be liquidated.
Here's a quote from DeVito's speech:
"This company is dead. I didn't kill it. Don't blame me. It was dead when I got here. It's too late for prayers. For even if the prayers were answered, and a miracle occurred, and the yen did this, and the dollar did that, and the infrastructure did the other thing, we would still be dead. You know why? Fiber optics. New technologies. Obsolescence. We're dead alright. We're just not broke.
And you know the surest way to go broke? Keep getting an increasing share of a shrinking market. Down the tubes. Slow but sure. You know, at one time there must've been dozens of companies makin' buggy whips. And I'll bet the last company around was the one that made the best goddamn buggy whip you ever saw. Now how would you have liked to have been a stockholder in that company? You invested in a business and this business is dead. Let's have the intelligence, let's have the decency to sign the death certificate, collect the insurance, and invest in something with a future."
posted by satish vijaykumar at 9/12/2005 04:55:00 PM
Wednesday, September 07, 2005
Ganpati Bappa blesses Bombay
Today is Ganesh Chaturthi... bole tho birth anniversary of Ganpati Bappa.
The idea of sarvajanik Ganesh Mandals was introduced freedom fighter Balgangadhar Tilak as a means of promoting nationalist sentiment when India was ruled by the British.
Theses ten days will will see :
Millions of devotees queuing up for darshan
Maha aartis and religious frenzy
Ganesh mandals competitions
infinite decorations, lighting and festivities
Loud music and Bhajans and occasional filmy remix bhajans
Dance competitions, orchestras, mimicry talent show... the perfect launch pad for millions in Bombay
Banjo Parties and Nasik Dhols and Lezim performances
Discovery of Ganesh shaped stones, vegetables and others natural forms
Heavy Police Bandobast and NakaBandi's
sidey elements playing cards and having booze at night in the mandals.
sea of humanity assembling at immersion points at Chowpatty, Juhu, Madh , Gorai , Versova, Cuffe Parade sea shore.
I've always believed that Ganesha as the true deity of Bombay, he symbolizes the sprit of Bombay.
posted by satish vijaykumar at 9/07/2005 02:11:00 PM
Tuesday, September 06, 2005
Got this via email.
Cant stop from making this comparison.. New Orleans vs. Mumbai
Inches of rain in New Orleans due to hurricane Katrina... 18
Inches of rain in Mumbai (July 27th).... 37.1
Population of New Orleans... 484,674
Population of Mumbai.... 12,622,500
Deaths in Mew Orleans within 48 hours of Katrina...100
Deaths in Mumbai within 48hours of rain.. 37.
Number of people to be evacuated in New Orleans... entire
Number of people evacuated in Mumbai...10,000
Cases of shooting and violence in New Orleans...Countless
Cases of shooting and violence in Mumbai.. NONE
Time taken for US army to reach New Orleans.. 48hours
Time taken for Indian army and navy to reach Mumbai...12hours
Status 48hours later...New Orleans is still waiting for relief,
army and electricity
Status 48hours later..Mumbai is back on its feet and is business
is as usual
USA...World's most developed nation
India...Third world country..
Oopss...did I get the last fact wrong???
posted by satish vijaykumar at 9/06/2005 01:03:00 PM
Sunday, September 04, 2005
What happened today at the Gateway of India is a travesty & mockery Of Fair play & justice in our City. Today The Commissioner of Police for Mumbai City did not just Stop Independence Rock He basically told all of us that the police will control what Kind of Music can OR Can’t be heard at the Gateway of India; a monument that belongs to all Mumbaikar’s . In one stroke his Diktat didn’t just cancel a Festival that was about to celebrate its 20th Year at the Gateway … but it stabbed at the heart of Democracy in our Country. As certainly as that madman stabbed an innocent girl at the Gateway a few weeks ago this unfair Diktat has stabbed all Rock musicians, Fans & lovers who had come from Far & wide to perform & witness History in the making ---- The 20th Year Of Independence Rock!
From over the last 15 Days I have personally been making the rounds of every Government office in the City . We applied and got all the following Permisions & Noc’s :
1.) Maharashtra Government for the use of the Gateway .
2.) Cultural Secretary for the use of the Gateway .
3.) Archaeological Survey of India – NOC for the use of the Gateway.
4.) BMC - NOC after paying their Venue Charges & Deposits.
5.) BMC SHOW departments NOC
6.) Fire Brigade NOC
7.) PWD electrical & Stage Compliance report .
8.) Collector Mumbai for Entertainment Tax Clearance after Pre – Payment of Entertainment Tax of Rs. 40,000
9.) Colaba Police Station NOC
10.) RTO – NOC
11.) RTO – Bandobast charges of 11,474 were paid for 30 - 40 Traffic Cops
12.) DCP ZONE 1 & Zone 2 Clearance
13.) Rangbhoomi Permission for Lyrics
14.) Censor Board Clearance.
15.) Loud-speaker License issued by the Colaba Police Station
Along the way I got the runaround of a lifetime wherein I had to beg, plead, cajole grovel, namedrop & Bribe at virtually every turn. However I kept telling myself it will be worthwhile come the 3rd & the 4th of Sept when the concert takes place. My friend & fellow musician Hon Milind Deora MP helped and made a hundred calls every time we got stuck … Vinod Shekhar Municipal Corporator for A WARD too helped us immensely… However the last 2 permissions the Ticket Selling License & The Performance License which are a mere formality once you have the above 15 in place; were denied to us at the 11th hour after being told all along the way that they were “just awaiting Saab’s Signature ” After spending 6 hours at the Comissioner’s office at 4:30 p.m. I was informed that the Joint CP Mr. Subhash Awate had refused to give us the permission, When I met him he casually told me that he will meet me later… When I informed him that the show began in 1 Hours time he just got into his car & drove off.
I begged and pleaded with Mr. A.N. Roy’s PA Mr. Kulkarni if I could meet with him & plead our case … I was informed that Sahib did not wish to see anybody. In desperation I dialed Milind’s No and apprised him of the situation he immediately spoke to the Commissioner, who assured him that he will take a favorable view of the matter and that he would see me. Milind Called me back immediately and said that He was hopeful that the Commissioner would relent .
When I went into the Cabin there was Mr. AN ROY ( Commissioner Police ) , Mr. Patnaik ( Joint Commissioner ) & Mr. Naval Bajaj (DCP Zone 1). The commissioner started by telling me that - How Could I have wanted to stage a ROCK CONCERT at the Gateway? He kept stressing repeatedly that the Gateway was an inappropriate venue for this Kind of Music and told me that the Sound will Damage the monument. I assured him that this was the same Contractor – Roger Drego and the Same Sound system that had been used 4 times in the past 6 months for 4 different shows at the Gateway and authorized by his office. :
1. The Mumbai Festival featuring Al Jarreau & other Jazz – Rock artists .
2. Shakti featuring Zakir Hussain & John Mac Laughlin another Jazz Rock / Fusion Act
3. The Mumbai Mirror Launch function
4. Bal Thackeray’s Book Launch .
To this he kept insisting that these were all Government Shows & not commercial events. When I told him that the Al Jarreau Gig was an MTV & VH1 Show which Charged an average of Rs 2000 & the Shakti show was organized by my friend Shashi Vyas who owns a private event company and had an average ticket price of Rs. 1500; & also the Launch of a private newspaper is a Commercial event …. & that Balasaheb Thackeray is a private Citizen with no official Government Post . He said that those shows were all right BUT ours was not Suitable for the Gateway .
In spite of me repeatedly reminding him that Our Show had all INDIAN BANDS, & no Foreign Acts… Our 20th year Anniversary… and a Ticket Price one 1/10 th of the other events he had allowed … he still told me that he would not permit it . In desperation I told him that not only did I stand to loose over Rs. 10 Lakhs that I had spent on the event but also 3000 kids who showed up from all across the Country would be disappointed , he told me that this was not his concern. He rejected our application on the grounds of Sound Pollution & Law & Order problem.
This too me reeks of a simple prejudice that Rock listened to by Middle Class Non-Affluent College Kids is Sound Pollution & Jazz Rock Or Fusion patronized by the Page 3 Crowd was Sweet & Appropriate Music …. Once again a Government Official who has been invested with these Absolute powers by the Government has let his personal taste in music / perception of Rock Music influence his decision.
Dejected & shattered by this unfair decision I made my way to the Gateway and informed the Huge Crowd that …Once Again Rock Music Had been made a Scapegoat Of and asked them to disperse quietly & peacefully .
What happened next Amazed me … Rock Fans who have been stereotyped as violent & abusive & other unflattering adjectives by the Police quietly left the venue . Had this been a Ganesh Utsav, Durga Pooja , Or Navratri Celebration there would have surely been a riot there !
The question’s we need to ask ourselves now are:
1.) Are we going to let the Police decide what type of Music can be played at a National Monument?
2.) Are we going to have one set of Rules for Jazz, Indian Classical, & Fusion and a different set of rules for Rock?
3.) Are we still suffering from a Post Colonial Hangover that Foreign / White Bands can perform at National Monuments & Indian Bands don’t have the same Rights ?
4.) Are we going to have Separate rules for Big Newspapers & TV Organizations , & Politicians and different ones for ordinary citizens like me ?
5.) Are we going to let Government officials whose Salaries get paid by taxes that we pay cause irreparable Loss of money Time & effort to citizens like me?
6.) Are we going to let shows get cancelled after 14 different Government Departments have okayed it, just because someone did not like the idea of the Gateway of India to be used for a Rock Concert ?
What has happened today thus is not just a Concert that has been cancelled. It is an infringement of our Constitutionally Guaranteed Fundamental Right to listen & enjoy different types of music without interference by Police Officials.
I would thus like to request the Court’s of our Country to intervene and correct this Gross Miscarriage of Justice and ensure that Independence Rock 20 Happens at the Gateway Of India towards the end of September!
Please forward this to your Friends & ask them to forward it to their Friends … Somewhere along the Line some one in a powerful place might wakeup to the fact that an injustice was done here and it should be corrected!
On a dfifferent note all those who bought tickets .. they will be valid for the concert which will take place sometime this month.
If you want a refund you can get this too by emailing SAHIL - THE DEMON STEALER
Hey, Hey, My, My Rock & Roll Can Never Die !!! – Neil Young
Farhad K. Wadia
posted by satish vijaykumar at 9/04/2005 02:30:00 PM
Saturday, September 03, 2005
Thackeray' war of words with Rane.
While addressing Sainiks from Rane’s Sindhudurg district, Thackeray used what he proudly calls, Thackeri (street-language that is generally below the belt) and called Rane a variety of names.
These included: bhadwa (pimp), dedhfutya (referring to his short stature), vasoolmantri (extortion minister), phurse (poisonous snake) and a mad dog.
But there was more as the Sena backbenchers hooted through all this name-calling. Thackeray then said Rane couldn’t have children as he hadn’t got an erection in 10 years.
Rane keeps talking about his 39-year-service in the Sena. Why is he stressing so much on saal (bark of a tree)? If you cannot have a child for the last 10 years, despite efforts, is that something to be proud of? Uthatach nahi tar kase honar? (If can’t get an erection, how will you have a child?) Rane joined the Congress for power.
He is now Revenue Minister and wants to become the CM. You are a guest in the house for just one day and you want the owner’s wife to sleep with you? How can he allow that?
Read more at
Rane, who recently quit the Sena, said he would ‘return the compliments.’ “I am not in Mumbai, but I have accepted the challenge and I shall answer him. Just wait for a couple of days!” he said.
Rane's reply should be fun.....
Watch this space, this is entertaining stuff :))
posted by satish vijaykumar at 9/03/2005 12:07:00 PM
My local bhelwallah near my office. He is usually around in the evening at Sun Mill compound.
The Sev puri is one of the best in Bombay and the Bhel is good too..
Costs : 7 Bucks each.
Charasia and his superfast Sev Puri
Sev Puri (Its much tastier than the image)
The images are blurred coz of the night mode on the Nokia Phone Cam.... I guess its time till I get a propah Digicam :( !!
more gyan on Bhel Puri,Sev puri & Chaat.
I'm always of the view that these small one person Bhelwallah are zillion times much better, economical and tastier than the Vithal Bhelwallah's and Chowpatty Bhelwallah's...
posted by satish vijaykumar at 9/03/2005 10:45:00 AM
Friday, September 02, 2005
The Secret Lives of Lost Lighters
Have you ever wondered what happens to your when you lend it to someone and don't get it back? Six Degrees of Smoking is a global artistic collaboration to delve into the secret lives of lost lighters.
Lighters are handed out or posted to those who wish to be involved. The recipient then photographs themselves smoking a cigarette and submits it via MMS or email. He then passes the lighter on to a fellow smoker (either a friend or a stranger) and the process is repeated. Each lighter is numbered and so they can be tracked on their travels.
We should also try this with a match box and Ball point pen in India :):)
posted by satish vijaykumar at 9/02/2005 03:27:00 PM
posted by satish vijaykumar at 9/02/2005 03:01:00 PM
Thursday, September 01, 2005
Rs 1 crore bar dancer locker to be opened
I'm sure she is not the oppressed face of the Bar gurls... and ban or no ban she is raking the moolah...
I'm sure she will do a private Mujra for the IT dept and pay a bribe and get out on bail and go scot free or ask her 'connected' freinds to set her free or take her to Malaysia or Dubai :))
posted by satish vijaykumar at 9/01/2005 02:52:00 PM