I've spent the better part of the weekend prowling around moneycontrol. I'm convinced after having invested major tranches last week that the way to relatively quick riches is to save 60%-70% of current incomes in stocks that are languishing right now. Disciplined investing of this 60%-70% every month should see solid returns once the market lifts from the gloom in 3-5 years. I think Indian markets will continue to be undervalued through 2009 with elections, and a hung parliament being the most likely outcome. Metal stocks are in free-fall mode right now, and are prominent on my watch list.
I did go to watch Dostana too. The movie is a disaster, with its only saving grace being a refreshingly fit John Abraham and a ravishing Priyanka Chopra. But you've basically had as much as you can endure within the first 30 minutes.
I'm reading a book called "Cold Steel". Its about L. N. Mittal's bid for Arcelor in 2006 and is positively gripping. Its unusual for business books to grip, but this one does because its written like a thriller. The whole industry is in doldrums with ArcelorMittal shares at around $18 at close of play Friday in NY. With utilization at 65% of capacity, they must have serious problems. Only the banking industry seems to be worse affected.
I did go to watch Dostana too. The movie is a disaster, with its only saving grace being a refreshingly fit John Abraham and a ravishing Priyanka Chopra. But you've basically had as much as you can endure within the first 30 minutes.
I'm reading a book called "Cold Steel". Its about L. N. Mittal's bid for Arcelor in 2006 and is positively gripping. Its unusual for business books to grip, but this one does because its written like a thriller. The whole industry is in doldrums with ArcelorMittal shares at around $18 at close of play Friday in NY. With utilization at 65% of capacity, they must have serious problems. Only the banking industry seems to be worse affected.
6 comments:
I want to get rich quick too. Umm quicker than 3-5 years :) Any ideas there?
And so Dostnana's not worth it? I have been begging and pleading everybody around me to give me company for this movie, but no success, so I'll just give up on it now.
... - I didn't think Dostana was worth it but friends of the friend I went with raved about it. I guess it depends on your taste - if the mere presence of John and Abhishek makes your day and a story line is secondary, then you'd love it.
Getting rich in less than 3-5 years....sorry, no bright ideas. Except maybe to burgle a bank or get bullish on lotteries. Or , create some "kick-ass" design that'll make the fashion gurus in Paris sit up and take note.
Yea.. I've already done a "Hi, I am *insert name here*, and I looove FTV". I was super kicked about it. Till Paris happens, we will be happy and content doing silly bytes on TV.
The title got me wide eyed.. only if i knew a wee bit more on money control,investment, metal stocks..or discipline for that matter.. sigh!
yes,second you on Dostana.. just another goodlooking movie..
email id please :)
Anon - thanks for asking. I'm sorry I'm extremely edgy about leaving my email id around for two reasons. One- I use only my office email id (all my friends that matter to me end up there). Two: I'm pathetic at responding to mails. I get 500 mails related to work a day and despite being a self confessed blackberry addict, I cant manage them well at all. An unfamiliar name goes unanswered.
Hope you understand. Drop me your id on this blog, and rest assured I will write to you.
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