Find your should and make it go away.
Tuesday, October 30, 2012
The end of should - Seth Godin
Find your should and make it go away.
A bias for trust - Seth Godin
Two very simple truths:
a. Don't waste your time initiating relationships that aren't going to thrive and benefit both sides.
b. Productive connection requires mutual trust. You can't empathize with someone you don't trust.
If you enter an engagement filled with wariness, alert for the scam, the inauthentic and the selfish, you'll poison the relationship before it even starts. Those you deal with won't be challenged to rise to your expectations of excitement and goodwill. Instead, they'll struggle in the face of your skepticism.
Instead of seeking and amplifying the sharp edges, consider focusing on the dignity and goodwill of the people you're working with.
Sure, there are people out there who will disappoint you. But expecting to be ripped off poisons all your interactions instead of saving you from a few dead ends.
An open mind and an open heart usually lead to precisely that in those that you are about to deal with. Perhaps we should give people a chance to live up to our trust instead of looking for the gotcha.
a. Don't waste your time initiating relationships that aren't going to thrive and benefit both sides.
b. Productive connection requires mutual trust. You can't empathize with someone you don't trust.
If you enter an engagement filled with wariness, alert for the scam, the inauthentic and the selfish, you'll poison the relationship before it even starts. Those you deal with won't be challenged to rise to your expectations of excitement and goodwill. Instead, they'll struggle in the face of your skepticism.
Instead of seeking and amplifying the sharp edges, consider focusing on the dignity and goodwill of the people you're working with.
Sure, there are people out there who will disappoint you. But expecting to be ripped off poisons all your interactions instead of saving you from a few dead ends.
An open mind and an open heart usually lead to precisely that in those that you are about to deal with. Perhaps we should give people a chance to live up to our trust instead of looking for the gotcha.
Saturday, October 6, 2012
happyness
happiness is not a state of the mind. the mind is merely a monkey. happiness to me is an alignment of your inner subconscious being in sync to your natural journey of this lifetime. - aejas
Wednesday, September 19, 2012
Unfolding as it should
Selected lyrics:
When i, by myself, just can't get it straight
Stumbling backwards when i just had it made
Wanting right now to be
All that i see - if i only could..
If i only could..
That's when i remember
Everything in life is good -
Even if not understood...
All will come to you in time
So put the thought into your mind
That everything's unfolding.. as it should!
Page 528, Astrology for the Soul - Jan Spiller
When i, by myself, just can't get it straight
Stumbling backwards when i just had it made
Wanting right now to be
All that i see - if i only could..
If i only could..
That's when i remember
Everything in life is good -
Even if not understood...
All will come to you in time
So put the thought into your mind
That everything's unfolding.. as it should!
Page 528, Astrology for the Soul - Jan Spiller
The sun comes up
Selected lyrics:
Why do we prevent our own happiness
By resisting the timing of life
Trying to decide what's wrong and what's right
With our foolish minds!
And the sun comes up each morning
And it goes down every night.
And in the night, it's the moon that comes
It never is the sun.
There is system and order here
And it's reflected all around
Why not trust in the laws of life
They never let us down!
Page 486, Astrology for the Soul - Jane Spiller
Why do we prevent our own happiness
By resisting the timing of life
Trying to decide what's wrong and what's right
With our foolish minds!
And the sun comes up each morning
And it goes down every night.
And in the night, it's the moon that comes
It never is the sun.
There is system and order here
And it's reflected all around
Why not trust in the laws of life
They never let us down!
Page 486, Astrology for the Soul - Jane Spiller
Going home
Selected lyrics:
Have you ever felt like i do
Knowing you must walk on ahead
And take the next step into something new?
You can't see beyond the level you're on
Afraid to let go because inside you know
There's no returning - back to where you've been?
The level you're on isn't working
Let go of the past and keep walking
Thinking you're leaving home?
No, no! You're going, you're going, you're going Home!
Page 443, Astrology for the Soul - Jan Spiller
Have you ever felt like i do
Knowing you must walk on ahead
And take the next step into something new?
You can't see beyond the level you're on
Afraid to let go because inside you know
There's no returning - back to where you've been?
The level you're on isn't working
Let go of the past and keep walking
Thinking you're leaving home?
No, no! You're going, you're going, you're going Home!
Page 443, Astrology for the Soul - Jan Spiller
Trusting
Selected lyrics:
So now i'm here, and it wasn't so hard at all
To become what I saw, 'cause I believed it in my heart
And it's so much more than words - but i had to do my part
Looking back i can recall, that the hardest part of all
Was a risk to my whole Being
It took so much trusting..
Page 396, Astrology for the Soul - Jan Spiller
So now i'm here, and it wasn't so hard at all
To become what I saw, 'cause I believed it in my heart
And it's so much more than words - but i had to do my part
Looking back i can recall, that the hardest part of all
Was a risk to my whole Being
It took so much trusting..
Page 396, Astrology for the Soul - Jan Spiller
Greet the new
Selected lyrics:
Whats the point in hanging on?
Your dream is true, but not the form
What brings you joy in life today
May come true a different way!
Reach your arms up to the sky -
Greet the new that's in your life today
Life sent it just to you,
'Cause you're ready for something new
But you've got to let go of what's already gone
You've got to let go, it's time to move on..
Page 356, Astrology for the Soul - Jan Spiller
Whats the point in hanging on?
Your dream is true, but not the form
What brings you joy in life today
May come true a different way!
Reach your arms up to the sky -
Greet the new that's in your life today
Life sent it just to you,
'Cause you're ready for something new
But you've got to let go of what's already gone
You've got to let go, it's time to move on..
Page 356, Astrology for the Soul - Jan Spiller
Come on, people
Selected lyrics:
Your brother's trying, but he's getting weak
Pushing his rock up the mountain peak
His rock is heavy, about to break through
He needs some help for a moment or two
Can you take one hand from the rock you bear
To help him with his load, his breaking point is near..
Come on, People - step into his shoes
Wake up, People - to see his point of view
Come on, People, help all you can today.. 'cause
All you can take with you is what you've given away!
Page 311, Astrology for the Soul - Jan Spiller
Your brother's trying, but he's getting weak
Pushing his rock up the mountain peak
His rock is heavy, about to break through
He needs some help for a moment or two
Can you take one hand from the rock you bear
To help him with his load, his breaking point is near..
Come on, People - step into his shoes
Wake up, People - to see his point of view
Come on, People, help all you can today.. 'cause
All you can take with you is what you've given away!
Be the child you were
Selected lyrics:
Sometimes i wonder, if we saw when we were born
One destiny - crystal clear - before us
Sometimes i wonder, before the world became our guide,
If we knew to follow who we are inside.
Be the child you were - be the child you were
Before the world got to you
Told you things that were not true
Be the child you were - be the child you were.
Page 233, Astrology for the Soul - Jan Spiller
Sometimes i wonder, if we saw when we were born
One destiny - crystal clear - before us
Sometimes i wonder, before the world became our guide,
If we knew to follow who we are inside.
Be the child you were - be the child you were
Before the world got to you
Told you things that were not true
Be the child you were - be the child you were.
Page 233, Astrology for the Soul - Jan Spiller
On the road
Selected lyrics:
Seems to me the only way i can
Find out just where i stand
Is to be honest about how i feel
With the people I hold dear
The change will make it all so clear
Take the risk and watch magic appear!
It's a long, long way back home
Back to where i'm coming from
But i'm on the road!
Growing used to breaking through
All the things i thought i knew
To rejoin the flow
On the road back home!
Page 191, Astrology for the Soul - Jane Spiller
Seems to me the only way i can
Find out just where i stand
Is to be honest about how i feel
With the people I hold dear
The change will make it all so clear
Take the risk and watch magic appear!
It's a long, long way back home
Back to where i'm coming from
But i'm on the road!
Growing used to breaking through
All the things i thought i knew
To rejoin the flow
On the road back home!
Page 191, Astrology for the Soul - Jane Spiller
Between you and me
Selected lyrics:
Between you and me there's a memory of trusting
And being let down in the end
Between you and me there is misunderstanding
Ready to come up again...
Yet - between you and me there's a magnet that draws us
Between you and me there's a path and a promise
Between you and me are the feelings that bond us
Between you and me - there is Love!
Seek Ye First
Selected lyrics:
My guy got sick, needed attention
So i put on my nurse's hat..
My heart fell when he called it "distraction"
That's not where i was at!
And i remembered:
Seek ye first, the kingdom of heaven
And i turned within -
And before too long, my heart felt strong
The outside got in order again!
So seek ye first...
Because inside of you's the kingdom of heaven!
Page 109, Astrology for the Soul - Jan Spiller
My guy got sick, needed attention
So i put on my nurse's hat..
My heart fell when he called it "distraction"
That's not where i was at!
And i remembered:
Seek ye first, the kingdom of heaven
And i turned within -
And before too long, my heart felt strong
The outside got in order again!
So seek ye first...
Because inside of you's the kingdom of heaven!
Page 109, Astrology for the Soul - Jan Spiller
Use what you have right now
Selected lyrics:
Why be discouraged when you have to go back
It only brings you closer to where it's all at-
Life always brings just what we need
To give up and suffer, or break through and get freed!
And you...
Use what you have, right now
You've got the tools - you're where you need to be
Watch the One, not you or me
And take the next step in front of you - and when you do - you'll get free!
Page 270, Astrology for the Soul - Jan Spiller
Why be discouraged when you have to go back
It only brings you closer to where it's all at-
Life always brings just what we need
To give up and suffer, or break through and get freed!
And you...
Use what you have, right now
You've got the tools - you're where you need to be
Watch the One, not you or me
And take the next step in front of you - and when you do - you'll get free!
Page 270, Astrology for the Soul - Jan Spiller
Going through Judgement Day
Selected lyrics:
You can read all the books that ever have been written
You can ask of those around you to show you the way
You can study the mysteries, a long time hidden
But you're the only on who can take you through the Judgement Day!
And you can't rely on anyone else for glory
Don't depend on the outside to show you the way
Put away the books - go beyond the brain
Trust the Light within to guide you through the pain, and
You're the only one who could ever know
What it takes to make you whole
And it's the Light within you that'll guide you through the Judgement Day!
Page 62, Astrology for the Soul - Jan Spiller
You can read all the books that ever have been written
You can ask of those around you to show you the way
You can study the mysteries, a long time hidden
But you're the only on who can take you through the Judgement Day!
And you can't rely on anyone else for glory
Don't depend on the outside to show you the way
Put away the books - go beyond the brain
Trust the Light within to guide you through the pain, and
You're the only one who could ever know
What it takes to make you whole
And it's the Light within you that'll guide you through the Judgement Day!
Page 62, Astrology for the Soul - Jan Spiller
Monday, August 27, 2012
Is the MSCI india PER indicate something?
Wednesday, August 22, 2012
7 Reasons Why Diamonds Are a Waste of Your Money
7 Reasons Why Diamonds Are a Waste of Your Money - Ira Weissman
I've been in the diamond business for over 10 years. I've traveled all over the world buying and selling diamonds. I've passed through most of the major airports across the United States with about a million dollars worth of diamonds in a leather wallet stuffed inside my pants. I've bought and sold diamonds in Dubai, Mumbai, Moscow, Hong Kong, Paris, Stockholm, Tel Aviv, Madrid and Barcelona. Even today I am involved on the fringe of the diamond business, running a diamond education site helping would-be buyers.
Considering my deep personal involvement in the diamond business, my opinion might surprise you -- diamonds are a terrible waste of your money.
Here are seven reasons why:
1) The most common misconception about engagement rings is that they're some kind of ancient tradition that's deeply embedded in human history in societies around the world. This is completely false. The idea of a diamond engagement ring is roughly a century old. Guess who invented the concept? Not surprisingly, it's the same people who mined the diamonds -- the De Beers diamond syndicate. How far did De Beers go in their quest to create demand for diamonds? Edward Jay Epstein notes in his famous investigative article:
"In its 1947 strategy plan, the advertising agency strongly emphasized a psychological approach. "We are dealing with a problem in mass psychology. We seek to ... strengthen the tradition of the diamond engagement ring -- to make it a psychological necessity capable of competing successfully at the retail level with utility goods and services...." It defined as its target audience "some 70 million people 15 years and over whose opinion we hope to influence in support of our objectives." N. W. Ayer outlined a subtle program that included arranging for lecturers to visit high schools across the country. "All of these lectures revolve around the diamond engagement ring, and are reaching thousands of girls in their assemblies, classes and informal meetings in our leading educational institutions," the agency explained in a memorandum to De Beers."
I have nothing against clever marketing campaigns, but this is different. It's not like with cars, for example. You know you need a car, so the car companies compete for your attention with their ads.
In this case De Beers spent millions upon millions convincing the public that they needed to buy a product that they basically created out of thin air (thin air that they alone controlled).
2) Diamonds are not an investment -- they are a retail product like any other. People explain away spending thousands of dollars on a little stone because they mistakenly believe that the diamond is a solid investment. Are there any other investment classes where the person selling you the asset makes a minimum 10 percent profit margin (usually much more)? Most people would be lucky to get half of what they paid if they tried to sell a ring the day after they bought it. Don't fool yourself into thinking that buying a diamond is a safe place to put away money for a rainy day.
3) The diamond jewelry market is a shark tank. Even consumers that spend hours online learning about diamonds can easily get screwed by one of the many unscrupulous dealers out there (both online and bricks & mortar). There's virtually no end to the various games dealers can play to help them eke out a higher return (and therefore giving you less value).
4) Spending a month's (or two!) salary on something so impractical -- at the exact same time you are beginning your new life together as a budding family -- is a very poor financial decision. I'm not only a very experienced diamond dealer, I'm also a father of six, married for 13 years. The expenses only grow with time, they don't get easier! Believe me, five years later, you'll be wishing you had a spare five grand lying around.
5) Men, you don't need to waste a ton of money to prove your manhood. If Mark Zuckerberg can forgo the diamond engagement ring, then you can too.
6) Women, you don't need your man to waste a ton of money to prove that he loves you.
7) If your man buys you a diamond as a means to keep you quiet for another year about marriage, he probably should be dumped anyway. Find someone more grounded who is excited about building a life together with you -- not someone who's trying to continue being single while taking you along for the ride.
I have consciously left out of this list any arguments about immoral practices in the diamond business (i.e., blood diamonds, unfavorable working conditions, and child labor). The odds of buying an actual blood diamond in developed countries are extremely low. There are checks and balances in place that would make it extremely risky for a dealer to sneak something in illegally.
I don't want to be perceived as hypocritical. If one takes a stance against poor working conditions, then I believe it should be done across the board. I don't believe the diamond business is any more guilty than any other industry that does most of its production in poorer countries on the other side of the world.
Moral issues aside, there are enough reasons not to succumb to the greatest scam in history. If you hang around a group of diamond dealers for a day, there's a word you'll hear passed around quite a bit -- "illusion." As in "I lost my illusion in that diamond." "He wouldn't sell me the diamond at my asking price because he still has tons of illusion in that stone." It's diamond dealer jargon for a projection of high value onto something. When you "lose your illusion" in a diamond, it means you have succumbed to the reality that you will be selling it for less than you had hoped for. When you "have illusion" in a diamond, it means that you still believe you're going to sell it for a great price because it's such a knockout stone.
It's rather amazing that the very people who buy and sell millions of dollars of diamonds a year acknowledge the ephemeral nature of their value at the same time that their lives are completely invested in them.
Ladies and Gentlemen, please take the red pill. Don't believe in the illusion. Pass this article on to your friends. Share it, Like it, Tweet it. Lets start a new movement together.
If you find yourself not being able to fight the social pressure to get a diamond ring, it's OK. There are many like you. It's not a simple thing to resist. Just please do yourself a favor and speak to an expert who can help you make sure that at the very least you spend as little as possible on the illusion and still come away with something that serves its purpose.
Ira Weissman is a diamond industry veteran with a decade of experience at one of the world's largest diamond polishers. He has traveled the world buying and selling diamonds and now dedicates his time to helping consumers make the most of their diamond buying decisions. He has been featured on Anderson Cooper, CNBC, and has been quoted by MarketWatch, The Village Voice, and BankRate. Visit Truth About Diamonds to educate yourself about diamonds.
I've been in the diamond business for over 10 years. I've traveled all over the world buying and selling diamonds. I've passed through most of the major airports across the United States with about a million dollars worth of diamonds in a leather wallet stuffed inside my pants. I've bought and sold diamonds in Dubai, Mumbai, Moscow, Hong Kong, Paris, Stockholm, Tel Aviv, Madrid and Barcelona. Even today I am involved on the fringe of the diamond business, running a diamond education site helping would-be buyers.
Considering my deep personal involvement in the diamond business, my opinion might surprise you -- diamonds are a terrible waste of your money.
Here are seven reasons why:
1) The most common misconception about engagement rings is that they're some kind of ancient tradition that's deeply embedded in human history in societies around the world. This is completely false. The idea of a diamond engagement ring is roughly a century old. Guess who invented the concept? Not surprisingly, it's the same people who mined the diamonds -- the De Beers diamond syndicate. How far did De Beers go in their quest to create demand for diamonds? Edward Jay Epstein notes in his famous investigative article:
"In its 1947 strategy plan, the advertising agency strongly emphasized a psychological approach. "We are dealing with a problem in mass psychology. We seek to ... strengthen the tradition of the diamond engagement ring -- to make it a psychological necessity capable of competing successfully at the retail level with utility goods and services...." It defined as its target audience "some 70 million people 15 years and over whose opinion we hope to influence in support of our objectives." N. W. Ayer outlined a subtle program that included arranging for lecturers to visit high schools across the country. "All of these lectures revolve around the diamond engagement ring, and are reaching thousands of girls in their assemblies, classes and informal meetings in our leading educational institutions," the agency explained in a memorandum to De Beers."
I have nothing against clever marketing campaigns, but this is different. It's not like with cars, for example. You know you need a car, so the car companies compete for your attention with their ads.
In this case De Beers spent millions upon millions convincing the public that they needed to buy a product that they basically created out of thin air (thin air that they alone controlled).
2) Diamonds are not an investment -- they are a retail product like any other. People explain away spending thousands of dollars on a little stone because they mistakenly believe that the diamond is a solid investment. Are there any other investment classes where the person selling you the asset makes a minimum 10 percent profit margin (usually much more)? Most people would be lucky to get half of what they paid if they tried to sell a ring the day after they bought it. Don't fool yourself into thinking that buying a diamond is a safe place to put away money for a rainy day.
3) The diamond jewelry market is a shark tank. Even consumers that spend hours online learning about diamonds can easily get screwed by one of the many unscrupulous dealers out there (both online and bricks & mortar). There's virtually no end to the various games dealers can play to help them eke out a higher return (and therefore giving you less value).
4) Spending a month's (or two!) salary on something so impractical -- at the exact same time you are beginning your new life together as a budding family -- is a very poor financial decision. I'm not only a very experienced diamond dealer, I'm also a father of six, married for 13 years. The expenses only grow with time, they don't get easier! Believe me, five years later, you'll be wishing you had a spare five grand lying around.
5) Men, you don't need to waste a ton of money to prove your manhood. If Mark Zuckerberg can forgo the diamond engagement ring, then you can too.
6) Women, you don't need your man to waste a ton of money to prove that he loves you.
7) If your man buys you a diamond as a means to keep you quiet for another year about marriage, he probably should be dumped anyway. Find someone more grounded who is excited about building a life together with you -- not someone who's trying to continue being single while taking you along for the ride.
I have consciously left out of this list any arguments about immoral practices in the diamond business (i.e., blood diamonds, unfavorable working conditions, and child labor). The odds of buying an actual blood diamond in developed countries are extremely low. There are checks and balances in place that would make it extremely risky for a dealer to sneak something in illegally.
I don't want to be perceived as hypocritical. If one takes a stance against poor working conditions, then I believe it should be done across the board. I don't believe the diamond business is any more guilty than any other industry that does most of its production in poorer countries on the other side of the world.
Moral issues aside, there are enough reasons not to succumb to the greatest scam in history. If you hang around a group of diamond dealers for a day, there's a word you'll hear passed around quite a bit -- "illusion." As in "I lost my illusion in that diamond." "He wouldn't sell me the diamond at my asking price because he still has tons of illusion in that stone." It's diamond dealer jargon for a projection of high value onto something. When you "lose your illusion" in a diamond, it means you have succumbed to the reality that you will be selling it for less than you had hoped for. When you "have illusion" in a diamond, it means that you still believe you're going to sell it for a great price because it's such a knockout stone.
It's rather amazing that the very people who buy and sell millions of dollars of diamonds a year acknowledge the ephemeral nature of their value at the same time that their lives are completely invested in them.
Ladies and Gentlemen, please take the red pill. Don't believe in the illusion. Pass this article on to your friends. Share it, Like it, Tweet it. Lets start a new movement together.
If you find yourself not being able to fight the social pressure to get a diamond ring, it's OK. There are many like you. It's not a simple thing to resist. Just please do yourself a favor and speak to an expert who can help you make sure that at the very least you spend as little as possible on the illusion and still come away with something that serves its purpose.
Ira Weissman is a diamond industry veteran with a decade of experience at one of the world's largest diamond polishers. He has traveled the world buying and selling diamonds and now dedicates his time to helping consumers make the most of their diamond buying decisions. He has been featured on Anderson Cooper, CNBC, and has been quoted by MarketWatch, The Village Voice, and BankRate. Visit Truth About Diamonds to educate yourself about diamonds.
Tuesday, August 21, 2012
Chp 1: It can only get better - Tony Gordon
Page 4, paragh 4
"How fortunate i was to have burned my bridges. I couldnt go back. I was totally committed. It is the first essential for success. There can be no middle of the road. Commitment, for us, is like virginity - we either have it or we dont. If we walk in the middle of the road we will be hit by the truck of mediocrity."
Page 6, paragh 3
"successful people discipline themselves to do the things that mediocre people dont like to do"
Page 6, paragh 4
"the discipline to do what is needed to succeed everyday is the basic difference between success and mediocrity"
Page 9, paragh 3
"Success does not come cheaply. Rejection is the price which must be paid to achieve our goals."
Page 13, paragh 2
"Success comes when we have learned to lose the hard fought battles and have the courage to come back and fight again."
Page 13, Paragh 4
"It is our character and not our contacts that determine our success"
"How fortunate i was to have burned my bridges. I couldnt go back. I was totally committed. It is the first essential for success. There can be no middle of the road. Commitment, for us, is like virginity - we either have it or we dont. If we walk in the middle of the road we will be hit by the truck of mediocrity."
Page 6, paragh 3
"successful people discipline themselves to do the things that mediocre people dont like to do"
Page 6, paragh 4
"the discipline to do what is needed to succeed everyday is the basic difference between success and mediocrity"
Page 9, paragh 3
"Success does not come cheaply. Rejection is the price which must be paid to achieve our goals."
Page 13, paragh 2
"Success comes when we have learned to lose the hard fought battles and have the courage to come back and fight again."
Page 13, Paragh 4
"It is our character and not our contacts that determine our success"
Friday, August 17, 2012
Hey aamir khan! You forgot to add ...
Aamir Khan in the movie Ishq said - "Life mein teen cheezon ke peeche khabi nahi bhagna chahiye ... bus, train aur chokri ... ek gayi doosri aati hai"
Dear Aamir, add stocks to that list!
Dear Aamir, add stocks to that list!
Quotes - Aejas
"Anything less than what is truly your best effort, isn't worth it anyways" - aejas
"One destiny.. one life.. live it up.." - aejas
"Pain is inevitable.. suffering is optional.." - aejas
"One destiny.. one life.. live it up.." - aejas
"Pain is inevitable.. suffering is optional.." - aejas
Monday, August 6, 2012
My adorable grandfather - Extracts from my life
24.07.2012
My dear Aejas.
With all love, regard and confidence in you I am sending this article. You are intelligent and hard working. You are going to succeed.
Most of the renowned people Gandhiji, Einstein, Graham Bell, etc has failed more times and yet succeeded.
My dear, dont get disheartened. You are close to your God.
Yours always,
Dadu and dadi
Dont quit
My dear Aejas.
With all love, regard and confidence in you I am sending this article. You are intelligent and hard working. You are going to succeed.
Most of the renowned people Gandhiji, Einstein, Graham Bell, etc has failed more times and yet succeeded.
My dear, dont get disheartened. You are close to your God.
Yours always,
Dadu and dadi
Dont quit
When things go wrong, as they sometimes will,
When the road you're trudging seems all uphill,
When the funds are low and the debts are high,
And you want to smile, but you have to sigh,
When care is pressing you down a bit,
Rest, if you must, but don't you quit.
Life is queer with its twists and turns,
As every one of us sometimes learns,
And many a failure turns about,
When he might have won had he stuck it out;
Don't give up though the pace seems slow--
You may succeed with another blow.
Often the goal is nearer than,
It seems to a faint and faltering man,
Often the struggler has given up,
When he might have captured the victor's cup,
And he learned too late when the night slipped down,
How close he was to the golden crown.
Success is failure turned inside out--
The silver tint of the clouds of doubt,
And you never can tell how close you are,
It may be near when it seems so far,
So stick to the fight when you're hardest hit--
It's when things seem worst that you must not quit.
- Author unknown
Management insights: Extracts from my life
In my opinion, management is about knowing the effective art of outsourcing your work to responsible people, ensuring that responsible people know of the heightened level of responsibility, being with people and doing what it takes for them to trust you, and waiting patiently for more work to come by that requires to be effectively outsourced.
Nadir - Extracts from my life
The wonderful part about hitting nadir or rock bottom is that there is only 1 way left to go! - aejas lakhani
Discovery of love - Extracts from my life
After some introspection, i have discovered what they call as "love at first sight". My first love undoubtedly remains a 2 stroke engine motorcycle and second love remains equity markets.
Quote on effort - Extracts from my life
Anything less than what is truly your best effort, isn't worth it anyways - aejas lakhani
Wednesday, August 1, 2012
Motorbike engines!
One of the best animated images of the working of a motorbike engine is there on the link below:
http://auto.howstuffworks.com/motorcycle1.htm
http://auto.howstuffworks.com/motorcycle1.htm
Quote: Adventure
Adrenaline and stress of an adventure are better than a thousand peaceful days - Paulo Coelho
Thursday, July 19, 2012
GSPL
With reference to a prior post, i was bullish on GSPL. This is a follow up to the post. Have been buying GSPL and accumulating the stock slowly, in lots of 100 shares.
Sunday, July 1, 2012
Ordinary life - Extracts from my life
This post is highly personal. I am sick of leading an ordinary life, one that involves doing ordinary things. It sickens me. I have always envisaged an extra ordinary life! One where i have financial freedom, one that involves making extra ordinary contributions to mankind! Am i en route or off? Universe, please provide me with some answers.
Saturday, June 30, 2012
Outside the comfort zone - Extracts from my life
Learning a language is completely outside the comfort zone. Makes you feel like a dork. Great way to get outside the zone of comfort
Thursday, June 21, 2012
Outside your comfort zone
Everything you want in your life is waiting for you.
An inch outside your comfort zone and an inch inside your effort zone!
An inch outside your comfort zone and an inch inside your effort zone!
Saturday, June 16, 2012
Dr. V (Aravind Hospital)
Intelligence and capability are not enough. There must be the joy of doing something beautiful. --Dr. Govindappa Venkataswamy (Dr. V)
Friday, June 15, 2012
Why diversify?
Diversification helps you reduce risk. Dont put all your eggs in one basket. Invest in assets with negative correlation so over a long term your returns do not get affected. Etc etc. I think diversification is for the safe guys. You want to make it big, there is hunger to reach the sky sooner, then this belief cant work for you. It is a fallacy. Read. Research. Speak. Understand. And take a positional one way bet. You will make it on either one side. If your on the bright side, glory, hindsight, wisdom - all yours. If you land up on the not so bright side, atleast you failed in glory. He who takes the safe path shall never fully experience life. Or will they?
Saturday, June 9, 2012
Afterword from Making Breakthrough Innovation Happen
George Bernard Shaw had it right when he said that all progress depends on the unreasonable man. Orbit shifting, isnt about being unreasonable for the sake of being unreasonable. Nor it is about challenging things for the sake of challenging them. Without a clear purpose, nothing will work. The purpose is the compass. And the purpose comes from orbit shifting challenge - something that is both unreasonable and unambiguous.
Thursday, June 7, 2012
GSPL looks interesting
Gujarat State Petronet Ltd (GSPL), a GSPC group company, is a pioneer in developing energy transportation infrastructure and connecting natural gas supply basins and LNG terminals to growing markets. It is the only company in India to transmit natural gas for its clients without trading in it
As the world's second largest growing economy in the world, India's need for energy is huge. Overall macroeconomic conditions in the economy will set the demand for energy and the growth of energy demand. India has been enjoying higher growth rates since the early 1990s because of economic reforms. This growth will contribute to greater demand for energy. The robust growth outlook for the Indian economy and the resultant increase in the end - user consumption of the natural gas is expected to drive the natural gas market in the future. In this scenario, gas transmission business plays a momentous role linking the supply sources and the consumers both industrial and retail.
GSPL is the second largest gas transporter in the country, concentrating in Gujarat: India's most industrialized state. The current grid operations of GSPL account for 1,666 km in the state and another 1100km pipeline is underway. What makes GSPL a good bet is that it had made a bid for four interstate projects (Total length: 5724 Km) with which its network will get quadrupled and the financial are expected to have substantial growth. Meanwhile, GSPL's growth plans would be impacted if the company faces regulatory delays in authorization for installing new pipelines. Any delay in execution and construction of new pipelines would also impact the profitability of GSPL.
GSPL operates in an extensive gas transmission network in Gujarat and has ambitious expansion plans, both within and outside the State. Expected increase in transmission volumes, widening of geographic footprint, limited downside on transmission tariff from current levels, and a recent steep fall in the stock price make the stock look attractive. At the current market price of Rs66/share (June 8, 2012), GSPL is attractively valued at ~8x FY13E and 7.x FY14E earnings (numbers generalized after reading several sell side reports).
However, if the rally in Nifty, which in my opinion is a relief rally continues, markets will correct back to 4500 4600 levels by August 2012. Can look to accumulate at Rs.60/share. Price to book is at 1.47x now, and at 60 it would be 1.3x. ROE of 25%, DPS of Re.1 per share, Debt to equity of ~.8, operating cash flow making them ~7000 mn in FY12. At an EPS of ~Rs.9.3 FY 12, p/e will work out to 6.5 in an industry pe of 8.2 will make the stock look very attractive. Besides it is a relatively simple business to understand.
As the world's second largest growing economy in the world, India's need for energy is huge. Overall macroeconomic conditions in the economy will set the demand for energy and the growth of energy demand. India has been enjoying higher growth rates since the early 1990s because of economic reforms. This growth will contribute to greater demand for energy. The robust growth outlook for the Indian economy and the resultant increase in the end - user consumption of the natural gas is expected to drive the natural gas market in the future. In this scenario, gas transmission business plays a momentous role linking the supply sources and the consumers both industrial and retail.
GSPL is the second largest gas transporter in the country, concentrating in Gujarat: India's most industrialized state. The current grid operations of GSPL account for 1,666 km in the state and another 1100km pipeline is underway. What makes GSPL a good bet is that it had made a bid for four interstate projects (Total length: 5724 Km) with which its network will get quadrupled and the financial are expected to have substantial growth. Meanwhile, GSPL's growth plans would be impacted if the company faces regulatory delays in authorization for installing new pipelines. Any delay in execution and construction of new pipelines would also impact the profitability of GSPL.
GSPL operates in an extensive gas transmission network in Gujarat and has ambitious expansion plans, both within and outside the State. Expected increase in transmission volumes, widening of geographic footprint, limited downside on transmission tariff from current levels, and a recent steep fall in the stock price make the stock look attractive. At the current market price of Rs66/share (June 8, 2012), GSPL is attractively valued at ~8x FY13E and 7.x FY14E earnings (numbers generalized after reading several sell side reports).
However, if the rally in Nifty, which in my opinion is a relief rally continues, markets will correct back to 4500 4600 levels by August 2012. Can look to accumulate at Rs.60/share. Price to book is at 1.47x now, and at 60 it would be 1.3x. ROE of 25%, DPS of Re.1 per share, Debt to equity of ~.8, operating cash flow making them ~7000 mn in FY12. At an EPS of ~Rs.9.3 FY 12, p/e will work out to 6.5 in an industry pe of 8.2 will make the stock look very attractive. Besides it is a relatively simple business to understand.
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