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Thursday, February 5, 2015

Most amazing Startup story i came across - Where do I wire the money, and I will not take it back!

South Korean investors wired 5MM dollars to Paypal in Mar, 2000 without even signing the deal and refused to take the money back.

When Thiel got on the phone with them and protested, the South Koreans refused to tell him where he could wire the money back.

“Their opening negotiation was, ‘We’re not telling you where you can send it back. You have to take it,’” says Thiel. “We ended up with them as investors.”

Thursday, January 29, 2015

Nifty may start cracking from tomorrow!

Markets are behaving unusual from past 10 days or so. The breadth of market is consistently poor and Nifty and Banknifty are opening gap up and breaking new high! Is this unusual behavior? Lets look deeper..

Monday, January 26, 2015

Happy Republic Day to all fellow Indians.

Happy Republic Day to all fellow Indians. Was proud to watch the R-day parade!!

Great celebrations and parade to watch, and with Mr Obama in attendance, proud moment for both India and USA. We have finally got our priorities right and alliances straightened up.

Watching the event on TV, and was not surprised to hear cynicism in TV anchors and so called experts on TV. There were tired and negative comments on almost each thing that turned up.

I want to give a simile. Bull run in markets climb the wall of worry and cynicism. Similarly, India will climb and grow despite the negativity and cynicism around us.

Keep the faith and keep walking!

Wednesday, January 21, 2015

IMF growth forecast: It's Advantage India over China in 2016!

A useful article on economic predictions for 2016. Not everything may turn out to be true, but massive government expenditure program is sure to set the Indian economy rolling like never before..

Do read and comment..

IMF growth forecast: It's Advantage India over China in 2016

Thursday, January 1, 2015

2015 a year of Midcaps and Smallcaps! Wishing you a blessed 2015!

Dear Readers,

Wishing you and family a happy and prosperous year 2015. Year 2014 belonged to large caps and as we know smallcaps and midcaps often lag large caps. As Large caps have run out of steam, action will now be limited to mid and small caps and these stocks will see astounding action in year 2015.

Thursday, November 13, 2014

Vishal Sikka: Indian IT Industry in downward spiral!

“I find all of us in the industry in a downward spiral. It’s like a treadmill of increasingly lower cost, hiring people faster and faster, from more and more mediocre places, training people less and less, putting them into job faster and faster. I think that is a wrong direction.”

Very insightful comments from a Industry Leader:

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