Thursday, October 16, 2008
The “Oracle of Obama”
The article begins with describing a humble background that Buffett has in common with the vast majority of mankind. His birth in the town of Omaha, Nebraska, USA, and his first income tax return at the age of 13, deducting his bicycle as a work expense for $35. The most important feature of the article, if one might observe, is the way the author delicately places quotations at the right places of the article, to describe a certain event or phase in Buffett’s life.
It then describes each value and principle that characterized Buffett as a potential entrepreneur, as he slowly drifted away from being a common man, to being what he is – a man with the ‘Midas touch’. The most noteworthy of all principles Buffett adopted, during his pursuit for success is “value investing” – Buffett’s investment principle – an ability to look at the inherent value of every company he decides to invest in. As the Oracle himself quotes “the investor of today does not profit from yesterday’s growth”.
The article in its last words supports an underlying code of ethical conduct and belief in ones own values, which supplemented Buffett’s quest for success. Buffett’s words - “I want to give my kids just enough so that they would feel that they could do anything, but not so much that they would feel like doing nothing” – supports both his core values, and his decision to donate 99 percent of his wealth to charity. One sure can draw a great deal of inspiration from this legend our world has delivered.
The Broken "WALL"

Background
The WALL is collapsing! Not the Berlin WALL again but the NYSE with its new lows for over a decade collapsed not the WALL STREET alone but the entire global economy. With the Housing and Mortgage tensions heating up the finance houses turning them bankrupt losing investors’ confidence, axing out jobs, churned securities market and the consequences getting worse.
The Ripple Effect
The failure of the Housing and Mortgage sector was never a big problem until Freddie Mac and Fannie Mae; US’ largest housing finance providers filed bankruptcy. Not many days it took for the other US giants to follow “2 F’s”, as an initiative, the jobs were cut and the loss being broadcasted on the news dragged the share prices to the rock bottom and finally, Lehman Brothers filed bankruptcy with $3.9 Billion and later joined, JPMorgan Chase, Merrill Lynch, Morgan Stanley, AIG, Wachovia, GM, Bear Stearns and the list grows.
The government’s rescue aid as Merrill Lynch’s acquisition by Bank of America, Lehman turned bankrupt, AIG being nationalised with 80% government stake, $200 Billion financial aid to Freddie Mac and Fannie Mae together, but the situation getting worse and a $50 Billion aid to automakers is on the America’s card.
The crisis ruined the European and the Asian securities markets making them lose trillions of dollars each day. The global fuel demand has dipped with crude quoting below $89 a barrel and the currency values going up and Rupee nearing 50 a dollar.
Sceptic Conclusion
The question arises; these bankrupts own assets worth trillions of dollars, with diversified products and business around the world, are they so vulnerable with their bottom-line to manage the $3.9 Billion deficit and these organizations are “too big to fail” in business.
As the conclusion, “this is not a global recession, but a movement towards stagnation”, describes economists.
Tuesday, September 23, 2008
Rotten politics
The destruction of the churches in Karnataka is very painful but blaming hindu groups like Bajrang Dal is so stupid.
Mind it, christians are religious terrorists, they do convert poor people into christians by providing them food and money and by blaming hindu and muslim gods
In my personal opinion, i have seen christians converting hindus and muslims into christians in many places in shimoga, Bangalore, chikmagalur, udupi, hassan and in many places.
In Bangalore, on independence day, a christian school in its independence day speech told, " our jesus is the supreme soul, believe in him, what did your stone god give, come, we will give you food, money and shelter. Believe only in jesus. "
What will those uncultured politicians say to this.
Mind this, during Ganapathi festival in many places idols of lord Ganapathi were destroyed, many innocent hindus were killed in kashmir over amarnath issue, a hindu saint was killed in orissa, but politicians supported christians and did not even care to say even a single word about the cold blooded murder of the saint , why didnt those politicians say even a single word and they want Bajrang Dal to be banned.
I feel, these politicians are agents of christianity and are even ready to sell themselves.
People, we should ban these politicians
Work for nation
Be united
We are all one
We are all Indians
We respect christianity but not conversion of hindus and muslims into christians
Live and let live
Monday, September 22, 2008
Tesco plans to go Green
Tesco’s new climate friendly policies not only give the supermarket a new look, they also fall neatly in line with recently announced plans by the UK government to include supermarkets in the emissions trading scheme and encourage a carbon labelling scheme into place, which may one day be mandatory. Alongside this sits planned EU legislation to ban HFC fridges.
Tesco outlined goals like cutting energy use by 50% per square foot, investing £500 million into green renovations and research, £100 million to researching and developing low-carbon technologies and £5 million will be used to launch Tesco’s new Institute for Sustainable Consumption.
Climate Change Corp. seems a bit skeptical about these ambitious plans, especially considering they are happening in the wake of huge Tesco expansions.
Wal-Mart keeping close eye on Tesco's U.S. stores
"We have people in those stores every day, every week," said John Fleming, speaking at a Bank of America conference, of Fresh & Easy. "We continue to monitor the progress that they make."
Tesco entered the U.S marketplace late last year, setting up Fresh & Easy Neighborhood Markets stores in California, Arizona and Nevada.
The smaller, convenience-sized stores seek to woo shoppers who are looking for ready-to-eat meals and fresh produce, and might not have time for a trip to a full-scale grocery store.
Wal-Mart is preparing the launch of its own small-format grocery stores in the Phoenix area. The stores, set to open this season end, will be called “Marketside” and feature prepared meals and perishable items.
Fleming, whose comments were broadcast over the Internet, said Wal-Mart is studying different store formats beyond its supercenters that combine a full grocery store with general merchandise. While Wal-Mart touts the supercenter's one-stop shopping convenience, the stores can be more than three times the size of a U.S. football field.
"Convenience is certainly a trend in the future," Fleming said.
Wal-Mart has remained tight-lipped about its plans for Marketside. In June, Eduardo Castro-Wright, head of Wal-Mart's U.S. division, said the Marketside stores would feature a smaller assortment than a traditional grocery store and focus on fresh goods.
He said Wal-Mart shoppers might shop at the company's large supercenters once a month and go to its grocery-based Neighborhood Markets once a week, but would use Marketside for quick trips to buy perishables.
Wal-Mart is planning out various other new store formats to defend itself from Tesco and also to retain its current customer base and also to extend it in the future.
Thursday, September 18, 2008
THE BIG DEAL


The American government intervenes to console the investors.
Mr. Bush to the press on the recent US financial crisis speaks just moments ago
"The US financial crisis wil be soon resolved.
The American government is taking extraordinary measures to stabilize the market and improve the investor confidence.
The Federal Reserves are trying out plans to solve the issue and is studying the reasons for Freddie Mac and Fannie Mae's failure in the housing financial sector.
Also, we are working on the issues of Lehman Brothers, Morgan Stanley, AIG, Goldman Sachs. We are studying its balance sheets and will resolve this financial crisis. "
However, the US government is optimist on the current financial crisis but the Congress and US financial secretary is still expecting the worst situations to come ahead.
The good thing is, "Indian banking sector is safe ", says finance minister Mr. Chidambaram to the press early this morning.
The catastrophes of this huge financial crisis will take its own turn in the coming days.
VALUE HAS A VALUE ONLY IF ITS VALUE IS VALUED
In the room of 200, he asked, "Who would like this Rupee 500 note?"
Hands started going up. He said, "I am going to give this note to one of you but first let me do this." He proceeded to crumple the note up.
He then asked, "Who still wants it?"
Still the hands were up in the air.
"Well," he replied, "What if I do this?" And he dropped it on the ground and started to grind it into the floor with his shoe. He picked it up, now all crumpled and dirty. "Now who still wants it?"
Still the hands went into the air.
"My friends, you have all learned a very valuable lesson. No matter what I did to the money, you still wanted it because it did not decrease in value. It was still worth Rupee 500/-.
Many times in our lives, we are dropped, crumpled, and ground into the dirt by the decisions we make and the circumstances that come our way. We feel as though we are worthless. But no matter what has happened or what will happen, you will never lose your value.
You are special. Don't ever forget it! Never let yesterday's disappointments overshadow tomorrow's dreams.
Wednesday, September 17, 2008
'A Leader Should Know How to Manage Failure'
Question: Could you give an example, from your own experience, of how leaders should manage failure?
Kalam: Let me tell you about my experience. In 1973 I became the project director of India's satellite launch vehicle program, commonly called the SLV-3. Our goal was to put India's "Rohini" satellite into orbit by 1980. I was given funds and human resources -- but was told clearly that by 1980 we had to launch the satellite into space. Thousands of people worked together in scientific and technical teams towards that goal.
By 1979 -- I think the month was August -- we thought we were ready. As the project director, I went to the control center for the launch. At four minutes before the satellite launch, the computer began to go through the checklist of items that needed to be checked. One minute later, the computer program put the launch on hold; the display showed that some control components were not in order. My experts -- I had four or five of them with me -- told me not to worry; they had done their calculations and there was enough reserve fuel. So I bypassed the computer, switched to manual mode, and launched the rocket. In the first stage, everything worked fine. In the second stage, a problem developed. Instead of the satellite going into orbit, the whole rocket system plunged into the Bay of Bengal. It was a big failure.
That day, the chairman of the Indian Space Research Organization, Prof. Satish Dhawan, had called a press conference. The launch was at 7:00 am, and the press conference -- where journalists from around the world were present -- was at 7:45 am at ISRO's satellite launch range in Sriharikota [in Andhra Pradesh in southern India]. Prof. Dhawan, the leader of the organization, conducted the press conference himself. He took responsibility for the failure -- he said that the team had worked very hard, but that it needed more technological support. He assured the media that in another year, the team would definitely succeed. Now, I was the project director, and it was my failure, but instead, he took responsibility for the failure as chairman of the organization.
The next year, in July 1980, we tried again to launch the satellite -- and this time we succeeded. The whole nation was jubilant. Again, there was a press conference. Prof. Dhawan called me aside and told me, "You conduct the press conference today."
I learned a very important lesson that day. When failure occurred, the leader of the organization owned that failure. When success came, he gave it to his team. The best management lesson I have learned did not come to me from reading a book; it came from that experience.
Monday, September 15, 2008
War Of Economy
The fact is different, those nations are rich by making over utilization of resources in the Asian countries.
Scenario :
The deflated currency value and the availability of cheap abundant english speaking labor force has made those western nations to dominate the world.
Reversal :
The recent growth potentiality in the Asian countries has dragged the western world's economy to the record bottom.
The Freddie Mac and Fannie Mae, the 2 giant american housing leasehold agencies has incurred a loss crossing several billions. The housing crisis in UK is never-the-less same with its profits reaching new bottoms. The Lehman Brothers has incurred a record loss of 3.9 billion US dollars this quarter alone and has expected a further loss in the next quarter.
Retail, the major economy sector of UK is now facing a slump with soaring prices, bad economy condition and a bad weather conditions which has hit the UK's retail sector making Tesco to see a slight downturn in its sales, says British Retail Consortium.
The european and US economic downturn is still hazardous.
Few quick facts :
1.) US budget deficit has been hiked to 438 billion US dollars, reports Congressional Budget Office.
2.) Increased unemployment has become a tense for the politicians.
3.) UK's economy has seen a downfall of 0.2 %, with reduced exports.
4.) The German exports too have faced a fall by 1.7% in july itself.
Silver Lining :
As a contrast, the Asian and the African economies are in a positive rally.
A World Bank report has said that the Asian and the African economies are growing with new opportunities and will power.
These new opportunities are making the growing economies to be more strong by giving a stiff competition to the western world leaving them alone helpless someday in the near future.
Lets wait for such a beautiful day where India will be the world leader and a real superpower.
Successful boss
There was a lion to the north of the forest which was a successful boss of the forest.
Situation 1 :
Once, it so happened; a fox was going to the nearby city which was located to the north of the forest, to get a new watch by exchanging his old damaged watch which cannot be repaired.
On the way the fox met the lion and told about the damaged watch to the lion
The lion took the watch from fox and went inside its den to get it repaired , the fox knew that the watch cannot be repaired and the lion's effort will be futile !!
After 10 minutes the lion came back with the watch which was repaired and was working properly !!
The fox was shocked and went back home with its old watch by thanking the lion
Situation 2:
The other day, the fox came to lion's den to watch the cricket match between india and pakistan and told the lion about its tv which is damaged and cannot be repaired and it plans to buy a new tv
The lion asked the fox to get the tv, and it went inside its den and came back by repairing the tv and to shock, the tv was working properly !!
The fox thanked the lion and went home with its repaired tv.
Interpretation :
The lion was honored as the best boss as it made the watch and the tv work but the fact is, the rabbits who were expert technicians employed by the lion who really made the watch and the tv work !!
Understanding :
The best manager is one who has best employees in his team.
Wednesday, September 10, 2008
Perspective on life
They spent a couple of days and nights on the farm of what would be considered a very poor family.
On their return from their trip, the father asked his son, "How was the trip?"
"It was great, Dad."
"Did you see how poor people live?" the father asked.
"Oh yeah," said the son.
"So, tell me, what you learned from the trip?" asked the father.
The son answered:
"I saw that we have one dog and they had four.
We have a pool that reaches to the middle of our garden and they have a creek that has no end.We have imported lanterns in our garden and they have the stars at night...
Our patio reaches to the front yard and they have the whole horizon.
We have a small piece of land to live on and they have fields that go beyond our sight.
We have servants who serve us, but they serve others.
We buy our food, but they grow theirs.
We have walls around our property to protect us; they have friends to protect them."
The boy's father was speechless.
Then his son added, "Thanks Dad for showing me how poor we are."
Isn't perspective a wonderful thing? Makes you wonder what would happen if we all gave thanks for everything we have, instead of worrying about what we don't have.
Appreciate every single thing you have, especially your friends
Final Judgement
The scientists are performing the most awaited LHC will be performed today at 12.30 pm
The time where the earth starts counting its last days !!
For more info also visit :
http://lhc.web.cern.ch/lhc/
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HAVE YOUR SAY
Countdown
Yes, its all due to the LHC test which the CERN scientists wil be conducting today
The long, ages of creation of this beautiful planet might be full of skulls and skeletons buried deep inside the trenches.
The only chance of surviving is praying god as thats the only way out.
The massive BIG BANG, where the two Hadrons collide each other travels at the speed of the light, thats 3.75 lakh miles per second !!
This gives birth to massive sucker the BLACK HOLE, which sucks whatever it gets, including this small earth.
One day, this beautiful green earth and blue sky wil be covered with blak carbon filled sky, the Surface wil be covered with dangerous chemical particles harming no one as everyone wil be sleeping, RIP !!
Monday, September 8, 2008
The Final Destination

How about dying tomorrow ?
Read this to know how earth will come into an END !!
The present Universe is the result of the "BIG BANG" which is still a mystery to the science. The philosophers, thinkers, scientists all round the globe have come into their own idea of this “BIG BANG”.
Switzerland:
Lin Evans, a Welsh scientist, along with his team, has backed for a great research on the subject and has made all necessary preparations for his dream project which would one day reveal the “Origin Of The Universe” and also be the reason for “THE GREAT DESTRUCTION”.
The Inward Journey:
The test is planning to create a real time simulation of the “BIG BANG” along the French-Switzerland borders, and is being funded and supported by CERN, European Organization for Nuclear Research, which is based at Geneva, Switzerland.
For the reason, a huge underground tunnel in the groundnut shape measuring 17 miles in length and 170 to 600 feet below the ground level has been dug!!
It has been named as “The Large Hadron Collider” (LHC). It is a particle accelerator which helps the physicists to study the smallest known particles which has created this Universe, helping to reveal the SECRETS.
How does it work:
Two beams of sub-atomic particles called “Hadrons” – either Protons or Lead ions, which travel in the opposite directions inside the circular accelerator, gaining energy with every lap. The LHC is used then to collide these Hadrons each other at a very high energy, just like the BIG BANG. The physicists detect the particles created by the great collision using special detectors designed for LHC. The particles are studied and theories will be formulated on the creation of the Universe.
Consequences:
The LHC will however be a futile experiment, as the scientists world around claim that the LHC will be the cause for the destruction of the Earth. The LHC will create the “BLACK HOLES”, which has enough energy to suck the entire Earth which is the end of this planet.
Otto Reseller, a German Physicist, has propounded that, the test will create clusters of Black Holes-Quasars which stimulates dangerous earth quakes and tsunamis.
There has been widespread protest against this inhuman activity and the European Human Rights Court has been approached to stop this devastation.
Saturday, September 6, 2008
The Furniture Fest

The nuke drama

Thursday, September 4, 2008
The derailed car
More than a land deal its more of a political drama of the opposition and the ruling.
Being a vast state enough to make an alternate for 4oo acres of land for setting up the automobile plant didn't worked out enough satisfactorily.
The Government and the people are finally under the shadow of under-development of the region as the Tata plant would provide platform for the state to develop a vast industrial area thru ancilliaries, dependencies and the like which would have provided jobs for nearly many lacs.
The Tata, however will find an alternate in India and will be more beneficial than the expired relation.