Comments on: My investing blunders..continued http://www.subramoney.com/2010/02/my-investing-blunders-continued-2/ Personal Finance Sun, 12 Feb 2012 07:29:12 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Doc http://www.subramoney.com/2010/02/my-investing-blunders-continued-2/comment-page-1/#comment-2783 Doc Tue, 09 Feb 2010 12:24:50 +0000 http://www.subramoney.com/?p=3144#comment-2783 Hi Subramanyam, Indeed you are very right about thoughts on levelling and energy sap. Whatever I said is actually "Hindsight is 20/20" really! It is more correlation rather than causation. But the human mind likes to see it as "poetic justice and all that". Ooops. :-? Thank you for setting me right. :-) Whether you did what you did under duress or by virtue of being good, it is something that any of us should aim to strive for, at the end. Oh dear! How could I forget Madhoff. And they are also one of the communities in pop culture that always look out for each other. 8-)So, only yardstick for prefessionals is professionalism and professional standards. Lesson well learnt. Best, Doc. Hi Subramanyam,
Indeed you are very right about thoughts on levelling and energy sap. Whatever I said is actually “Hindsight is 20/20″ really! It is more correlation rather than causation. But the human mind likes to see it as “poetic justice and all that”. Ooops. :-? Thank you for setting me right. :-)

Whether you did what you did under duress or by virtue of being good, it is something that any of us should aim to strive for, at the end.

Oh dear! How could I forget Madhoff. And they are also one of the communities in pop culture that always look out for each other. 8-)So, only yardstick for prefessionals is professionalism and professional standards. Lesson well learnt.

Best,
Doc.

]]> By: subra http://www.subramoney.com/2010/02/my-investing-blunders-continued-2/comment-page-1/#comment-2782 subra Tue, 09 Feb 2010 10:24:20 +0000 http://www.subramoney.com/?p=3144#comment-2782 hi Doc, thinking about the Universe being a great leveler is actually an energy sapping exercise. Makes no sense. You go about living your life, and let God do his work :). Any negative thought - even for an enemy (enemity itself too!) is an energy reducing activity. If your friends and relatives are your clients...unless you commit suicide or migrate - and not wanting to see the same people again - default is not REALLY an option. Phaps in movies....not in real life..Community I brought it up to show that guys who cheat do not spare their own community too :) Look at Madoff he cheated Jewish charities :) LOL hi Doc,

thinking about the Universe being a great leveler is actually an energy sapping exercise. Makes no sense. You go about living your life, and let God do his work :) . Any negative thought – even for an enemy (enemity itself too!) is an energy reducing activity. If your friends and relatives are your clients…unless you commit suicide or migrate – and not wanting to see the same people again – default is not REALLY an option. Phaps in movies….not in real life..Community I brought it up to show that guys who cheat do not spare their own community too :) Look at Madoff he cheated Jewish charities :) LOL

]]> By: Doc http://www.subramoney.com/2010/02/my-investing-blunders-continued-2/comment-page-1/#comment-2781 Doc Tue, 09 Feb 2010 08:33:57 +0000 http://www.subramoney.com/?p=3144#comment-2781 Hello Subramanyam, All of us, at some point of time make an investment/trust based judgement that then proceeds to spectacularly blow up on our face! The alternative to avoiding this would be to engage in "analysis paralysis". Forsooth, life doesn't give us the liberty for indulging in that pastime often :-/. So, sometimes, we put our faith in the mysterious forces of the Universe and our own personal force behind the venture. You win some (yay!) and you lose some (damn!) ;-) but most people (me included) are very shy of laying it out in full as you chose to do so. When the name "Vishwapriya" came up, bells were ringing in my head immediately for I remembered reading it in "Stay Hungry, Stay Foolish" first :-). Then the retail chain name popped up later and confirmed my suspicion. Hats off to you for choosing to honour all your obligations to your clients! That is THE personal takeaway for me in this post. Financial Integrity raaaaks! No, seriously! The Universe is a great leveller alright, as evinced by the retail chain's cup of woes so far, he he... One very interesting observation. This "community cannibalisation" is a sad and poignant one. Even more so, considering the there are many communities (Marwari, Parsi, Sindhi, etc.) helping their own kind progressively in such a spectacular fashion! Lastly, thanks for the iconoclastic pot shot at IIT/IIM. We Indians need it in massive doses from time to time. ;-) Best, Doc. P.S: Loved your reply to Manish. Wit and wisdom combo! P.P.S: Must.....curb....long....replies....in...future.... D'oh! ;-) Hello Subramanyam,
All of us, at some point of time make an investment/trust based judgement that then proceeds to spectacularly blow up on our face! The alternative to avoiding this would be to engage in “analysis paralysis”. Forsooth, life doesn’t give us the liberty for indulging in that pastime often :-/. So, sometimes, we put our faith in the mysterious forces of the Universe and our own personal force behind the venture. You win some (yay!) and you lose some (damn!) ;-) but most people (me included) are very shy of laying it out in full as you chose to do so.

When the name “Vishwapriya” came up, bells were ringing in my head immediately for I remembered reading it in “Stay Hungry, Stay Foolish” first :-) . Then the retail chain name popped up later and confirmed my suspicion. Hats off to you for choosing to honour all your obligations to your clients! That is THE personal takeaway for me in this post. Financial Integrity raaaaks! No, seriously! The Universe is a great leveller alright, as evinced by the retail chain’s cup of woes so far, he he…

One very interesting observation. This “community cannibalisation” is a sad and poignant one. Even more so, considering the there are many communities (Marwari, Parsi, Sindhi, etc.) helping their own kind progressively in such a spectacular fashion! Lastly, thanks for the iconoclastic pot shot at IIT/IIM. We Indians need it in massive doses from time to time. ;-)

Best,
Doc.

P.S: Loved your reply to Manish. Wit and wisdom combo!

P.P.S: Must…..curb….long….replies….in…future…. D’oh! ;-)

]]> By: Nikhil http://www.subramoney.com/2010/02/my-investing-blunders-continued-2/comment-page-1/#comment-2774 Nikhil Mon, 08 Feb 2010 16:16:09 +0000 http://www.subramoney.com/?p=3144#comment-2774 Thanks for Sharing. Great to know that though you were cheated by someone, you did not cheat your clients and honored your obligations. I salute you. Thanks for Sharing.
Great to know that though you were cheated by someone, you did not cheat your clients and honored your obligations.
I salute you.

]]> By: Sunder http://www.subramoney.com/2010/02/my-investing-blunders-continued-2/comment-page-1/#comment-2773 Sunder Mon, 08 Feb 2010 16:07:42 +0000 http://www.subramoney.com/?p=3144#comment-2773 Hi Got the book today. Read the preface . I am sure we will all like it Hi Got the book today. Read the preface . I am sure we will all like it

]]> By: Ravinder Makhaik http://www.subramoney.com/2010/02/my-investing-blunders-continued-2/comment-page-1/#comment-2771 Ravinder Makhaik Mon, 08 Feb 2010 12:19:21 +0000 http://www.subramoney.com/?p=3144#comment-2771 In other words, even in investing the game is all about relationships, trust and not worrying about being charges commission's while leaving the rest to the market. It is appreciable that you cut yourself out different and paid up your debts even though worldly sense may disapprove of it in today's times. In other words, even in investing the game is all about relationships, trust and not worrying about being charges commission’s while leaving the rest to the market.

It is appreciable that you cut yourself out different and paid up your debts even though worldly sense may disapprove of it in today’s times.

]]> By: rohit http://www.subramoney.com/2010/02/my-investing-blunders-continued-2/comment-page-1/#comment-2768 rohit Mon, 08 Feb 2010 08:27:02 +0000 http://www.subramoney.com/?p=3144#comment-2768 when you say out of race means financially free , well this is a dream & goal for many of us,hopefully it may fulfill in next coming crash one more query -how much investing vs trading contributions in your financial enlightment when you say out of race means financially free , well this is a dream & goal for many of us,hopefully it may fulfill in next coming crash

one more query -how much investing vs trading contributions in your financial enlightment

]]> By: subra http://www.subramoney.com/2010/02/my-investing-blunders-continued-2/comment-page-1/#comment-2766 subra Mon, 08 Feb 2010 05:59:02 +0000 http://www.subramoney.com/?p=3144#comment-2766 abe Manish..keep going matlab kya? Khatam ho gayen mistakes :). Now I cannot afford more mistakes. I met Ranjan @ the book reading session @ new delhi Book fair. Funny we are neighbors @ Navi Mumbai. LOL. abe Manish..keep going matlab kya? Khatam ho gayen mistakes :) . Now I cannot afford more mistakes. I met Ranjan @ the book reading session @ new delhi Book fair. Funny we are neighbors @ Navi Mumbai. LOL.

]]> By: Jagoinvestor http://www.subramoney.com/2010/02/my-investing-blunders-continued-2/comment-page-1/#comment-2765 Jagoinvestor Mon, 08 Feb 2010 05:55:56 +0000 http://www.subramoney.com/?p=3144#comment-2765 Subra Nice article , Its good to see you sharing your mistakes here . We can all learn from it and benefit . Keep going . Manish Subra

Nice article , Its good to see you sharing your mistakes here . We can all learn from it and benefit . Keep going .

Manish

]]> By: BRS http://www.subramoney.com/2010/02/my-investing-blunders-continued-2/comment-page-1/#comment-2764 BRS Mon, 08 Feb 2010 04:18:57 +0000 http://www.subramoney.com/?p=3144#comment-2764 While everyone talks about their success stories and hides the failures, this post is educating the readers by openly talking about mistakes made. Sincere thank you. While everyone talks about their success stories and hides the failures, this post is educating the readers by openly talking about mistakes made. Sincere thank you.

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