Friday, June 29, 2007

Again something about STOCK MARKET

Though the list can be pretty long, here are seven common mistakes people make when investing in equities and that you should stay away from.

Mistake No 1: The first and biggest mistake is not to admit making a mistake

People stubbornly hold on to stocks where they are making sizeable losses in the belief that they can exit when the price reaches their buying price. Most of the minds are not trained to acknowledge the fact that they have made a mistake and probably the best thing is to move on.

There was this gentleman who had bought a "penny stock" at Rs 9 following a tip and hoping that it would double in a few months. The stock first rose by 20% and then declined by almost 40%. He was unwilling to let go of the position with the belief that he will do so only when the price reaches his buy price and it will happen sometime soon.

The gentleman is still holding on to the stock and the stock has lost a further 40%. He could have exited the stock with a loss of just 28% initially (considering the appreciation of 20%). Now his losses are around 56% and he is still holding the stock. This happened in October 2005. Even several blue chip stocks have actually doubled or tripled since then.

Mistake No 2: Buy on tips and khabars and wanting to make a quick buck

Technology has made our lives much easier but at the same time has caused a lot of overload as well. We are subject to SMSes , emails and flyers with lucrative offers for "buy and sell tips" , commodities trading etc. that at the end of the day leave you confused.

In this state only two things can happen, (a) One is that you procrastinate and not take any action with the fear of screwing it up and (b) Succumb to these offers for making you rich quickly.

The point that I am trying to make is that how people who are conservative or sane can take dangerous calls and sabotage their own well being. I remember having met this conservative gentleman who was targeting only 12% returns but still could not resist the stock market temptation when the broker called and showed him some tantalizing figures.

Mistake No 3: Buying a loser on its way down thinking you are averaging your costs

Mistake No 4: Ignoring Risk in the investment and looking only at the returns

Risk is an integral part of every equity investment and some equity investments are more risky than others. People however look at the returns without giving due importance to risk.

Stock Futures can give you great returns but at the same time they can wipe out your capital as well. In the mutual fund context, people look at returns when investing in the fund, but do not consider the kind of risks the fund manager has taken whether it be concentration in stocks or sectors etc. At the same time betting heavily in Futures & Options, Commodities without understanding the nuances of the same is fraught with risk.

Understand the risk, i.e, the downside inherent in every investment and volatility associated with it.

Mistake No 5: Buying penny stocks thinking they are cheaper and ignoring stocks, which are priced above a certain number like Rs 1000 thinking, they are expensive.

Mistake No 6: Exiting Winners early and sticking to Losers

Ask yourself: Suppose I have a choice of 2 boats. Boat A is strong, consistent and has traveled the sea through many rough weathers as well. Boat B is showing some cracks and leaks in certain places. Water seeped in through this boat sometime back. Which boat will I choose to safely get me from this shore to the next?

I bet all would opt for Boat A and no person in his right mind would opt for Boat B. Yet when this same logic is applied to stocks, people will stick to losers (Boat B) but exit winning stocks (Boat A) to make a small profit.

Mistake No 7: Just thinking but not doing anything

Finally doing makes all the difference. There is no substitute for action. Just knowing that exercise is good will not keep you fit. In the same vein, just knowing this stock is good is of no use unless you buy it.

I come across so many intelligent people who know many things but are simply unable to implement because of lack of time and busy schedules.

"I knew this stock would do well, wish I had put in money here" or "I missed a good time to enter this stock" are some common responses you hear. Whatever the reason be, in the end what matters is whether you did what you knew was right. A better option for people here is to put their investments on Autopilot (Automatically investing fixed amounts every month in stocks and mutual funds).

To be a successful investor and create wealth through equities, you should shun the costly mistakes outlined. And yes if you have made any one of the above mistakes, admit it and correct it. More importantly "Stop Hoping".

At the end of the day 'Hope is not a strategy in the equities market.'

Tuesday, June 26, 2007

Great NEWS !!! TCS to power Ferrari F1 cars

Hey, what a great news for the best IT country in the world..
Software major Tata Consultancy Services on Tuesday said it has entered into an agreement with Scuderia Ferrari to provide entire software to the Italian automaker's Formula One cars.

"We will provide whole range of software requirement of the F1 car of Ferrari. This is a prestigious feat for us since the precision is very high, " TCS chief executive officer S Ramadorai said.

From car electronics to safety, aerodynamics to trouble-shooting, TCS will work with the Ferrari F1 team to provide IT-based solutions before, during and between races, he added.

The two companies had in 2004 entered into an agreement, under which it will provide IT and engineering services and assist the development of F1 racing cars and Ferrari sports cars.

Ramadorai said the company has already put in place a specialist team of 40 professionals to continuously monitor the project in Italy.

"Auto and aerospace form an important vertical in the company's engineering software division," he said. He said the engineering software division contributes almost six per cent of its total revenue and almost 18 per cent of that comes from aerospace sector.

Kudos to TCS ...

Wednesday, June 13, 2007

5 great lessons on buying stocks


here is an article I got on web regarding share market investments..I liked it & hope you like it too..

As an investment advisor, I get lot of queries from investors across the country. Here's a sample:

  • 'I bought this scrip last week and it is down. Should I sell?'
  • 'The markets are trading at a peak. Is it right to invest now?'
  • 'I want to make maximum returns in minimum time. Suggest some stocks.'
  • 'Which are the stocks worth buying with price less than Rs 50?'
  • 'When will the market correct? I want to invest in some good shares.'

This kind of approach to investing in equity is a recipe for disaster.

There are some serious problems here. Let's pick up some important lessons.

Lesson 1

The moment the prices of scrips drop, say, by 5-10 per cent, we get worried. In that anxiety, we want to sell and get out.

Let's say the Reliance [Get Quote] share you bought last week is down 10 per cent. So what? Will Reliance business close down? Or will Mukesh Ambani run away with your money? No.

The movement in stock prices has no impact on the business. Reliance will continue to make profits and grow. Mukesh Ambani will continue to build world-class projects. If that is the case, Reliance shares will see new heights in future. Why bother about these falls, which likely will only be temporary?

The problem is, we buy stocks, not businesses. The Tatas and Birlas have been around for over 100 years. Hundreds of successful companies have run for decades and continue to grow irrespective of the stock market volatilities.

Yes, some businesses succeed, some fail. There are ups and downs. That is the inherent nature of a business. But, in the long run, they will make profits and grow. That is where management counts. Good managements run profitable operations.

Second, that's why we diversify. Even if we lose money in a few stocks, we will still make lots of money in others.

Moral: Buy businesses, not stocks.

Lesson 2

Recently, I read that if you had invested Rs 100,000 in Infosys at the time of IPO, it would be worth about Rs 64 lakh (Rs 6.4 million) now. But how many people made that kind of money? None, I guess, except the employees and a lucky few who bought the shares but forgot about it.

Answer honestly: wouldn't you have sold the shares when it doubled or tripled or became a ten-bagger? How many of us would have had the patience to hold on?

The problem is, we watch stock prices, not businesses. If people had kept track of the business, they would have seen the company had the potential to grow at 30-40 per cent per annum. Then they would have never sold their shares.

I know many people who got out at 10,000 Sensex levels, thinking the markets will correct and they will re-enter at lower levels. They are now ruing their decision. The problem: they were so obsessed tracking the Sensex that they didn't see strong economic and business growth.

Moral: Watch business growth, not rise in stock prices.

Lesson 3

The moment people buy a stock, they expect it to double soon. They see the stock ticker 10 times a day. They call their broker a couple of times daily to find out what is happening.

I have one question for such people. Can you set up a steel plant in one day? Can you build a power plant over the weekend? Can you start a mobile company and expect to have 1 million customers on Day 1? No.

Businesses take time to set up, acquire customers and generate profits. Only when the companies increase their profits will the share price also increase.

Therefore, having bought a good business and good management, give it time to prosper. If you don't have the patience, you might as well go to a casino or call-up Shah Rukh Khan at KBC.

Moral: The stock market is a serious long-term business, not a make-money-overnight casino.

Lesson 4

Another interesting aspect is the stories we hear in local trains, buses, parties, offices, of how so-and-so doubled/ tripled his money.

We end up feeling like fools not to invest in the market. At the first opportunity, we buy a few stocks without proper research and understanding.

I am not saying they are lying. But I would like to ask them about their other investments too. More often than not, for every successful investment, they would have made five other poor investments and lost money. They won't tell you about those.

The point is, when our investment is motivated by others' half-truths, we never have the patience and discipline required for successful equity investing.

Moral: Don't be fooled by others' so-called success stories.

Lesson 5

As I mentioned earlier, people sold looking at the Sensex levels and lost out on the huge potential profits. There are many waiting for the Sensex to fall to the 'right' levels to enter the market.

There are two points here. I highlighted one earlier: watch the economy not the Sensex.

Second, timing. Given that humans can switch from irrational exuberance to extreme pessimism and back in a matter of days, I believe even God will find it difficult to time the markets.

Moreover, I bet not even 1 per cent of you will enter the markets if they started crashing from tomorrow. The Dalal Street was totally deserted during the historic crash of May 2006, which was actually a great time to buy.

So I suggest let's get over this fixation with timing the markets. Let us look at business potential and invest with a long-term perspective.

Moral: Time in the market is more important than timing the market.

Discipline and patience - that is the mantra to creating wealth on the stock markets. Unfortunately, both are in short supply. If you have them, you make your riches. If not, you could be in trouble.

I am not very sure how many would agree with the above lessons or even follow them. Such is human nature: guided by greed and fear, than by reason and logic.

Tuesday, June 12, 2007

Here is some very sound information we can all benefit from!

Here is some very sound information we can all benefit from!

Lesson 1

A man is getting into the shower just as his wife is finishing up her
Shower, when the doorbell rings. The wife quickly wraps herself in a towel
and runs downstairs. When she opens the door, there stands Bob, the
next-door neighbor. Before she says a word, Bob says, "I'll give you
$800 to drop that towel." After thinking for a moment, the woman drops her towel
and stands naked in front of Bob. After a few seconds, Bob hands her $800
and leaves. The woman wraps back up in the towel and goes back upstairs.
When she gets to the bathroom, her husband asks, "Who was that?" "It was Bob
the next door neighbor," she replies. "Great!" the husband says, "did he
say anything about the $800 he owes me?"

Moral of the story: If you share critical information pertaining to
credit and risk with your shareholders in time, you may be in a position to
prevent avoidable exposure

Lesson 2

A priest offered a Nun a lift. She got in and crossed her legs, forcing her
gown to reveal a leg. The priest nearly had an accident. After controlling
the car, he stealthily slid his hand up her leg. The nun said, "Father,
remember Psalm 129?" The priest removed his hand. But, changing gears, he
let his hand slide up her leg again. The nun once again said, "Father,
remember Psalm 129?" The priest apologized "Sorry sister but the flesh is
weak." Arriving at the convent, the nun went on her way.

On his arrival at the church, the priest rushed to look up Psalm 129. It
said, "Go forth and seek, further up, you will find glory."

Moral of the story: If you are not well informed in your job, you might miss
a great opportunity

Lesson 3

A sales rep, an administration clerk, and the manager are walking to lunch
when they find an antique oil lamp. They rub it and a Genie comes out. The
Genie says, "I'll give each of you just one wish."

Me first! Me first!" says the admin clerk. "I want to be in the Bahamas ,
driving a speedboat, without a care in the world." Puff! She's gone.

Me next! Me next!" says the sales rep. "I want to be in Hawaii , relaxing on
the beach with my personal masseuse, an endless supply of Pina Coladas and
the love of my life." Puff! He's gone.

"OK, you're up," the Genie says to the manager. The manager says, "I want
those two back in the office after lunch."

Moral of the story: Always let your boss have the first say

Lesson 4

An eagle was sitting on a tree resting, doing nothing. A small rabbit saw
the eagle and asked him, "Can I also sit like you and do nothing?" The eagle
answered: "Sure, why not." So, the rabbit sat on the ground below the eagle
and rested. All of a sudden, a fox appeared, jumped on the rabbit and ate

Moral of the story: To be sitting and doing nothing, you must be sitting
very, very high up.

Lesson 5

A turkey was chatting with a bull. "I would love to be able to get to the
top of that tree," sighed the turkey, "but I haven't got the energy." Well,
why don't you nibble on some of my droppings?" replied the bull. They're
packed with nutrients." The turkey pecked at a lump of dung, and found it
actually gave him enough strength to reach the lowest branch of the tree.
The next day, after eating some more dung, he reached the second branch.
Finally after a fourth night, the turkey was proudly perched at the top of
the tree. He was promptly spotted by a farmer, who shot him out of the tree.

Moral of the story: Bullshit might get you to the top, but it won't keep
you there

Lesson 6

A little bird was flying south for the winter. It was so cold the bird froze
and fell to the ground into a large field. While he was lying there, a cow
came by and dropped some dung on him. As the frozen bird lay there in the
pile of cow dung, he began to realize how warm he was. The dung was actually
thawing him out! He lay there all warm and happy, and soon began to sing for
joy. A passing cat heard the bird singing and came to investigate.
Following the sound, the cat discovered the bird under the pile of cow dung,
and promptly dug him out and ate him.

Moral of the story:
(1) Not everyone who shits on you is your enemy
(2) Not everyone who gets you out of shit is your friend
(3) And when you're in deep shit, it's best to keep your mouth shut!

Thursday, June 7, 2007

ORKUT BLOCKD in office ???

In the most of the companies the orkut site is blocked...
There are some ways to still enjoy orkut through proxy sites like KPROXY,Vtunnel,Browse at Work etc...

But there are offices, where these proxy sites are also blocked.

I have got a new easy way to browse orkut in office without much hit & trial...
click here to go ORKUTING

I am sure you don't use it to time-pass in office...ha ha ha ha

Wednesday, June 6, 2007

शिवराज्याभिषेक दिन

आज शिवराज्याभिषेकाला ३३३ वर्षे होत आहेत. या पुज्य दिनी छत्रपतींना त्रिवार अभिवादन !!!
जय भवानी !! जय शिवाजी !! जय महाराष्ट्र !!

Tuesday, June 5, 2007

Saving while being Romantic

50 Ways to Be Romantic on the Cheap

Look for little, inexpensive ways to be romantic, and it will pay off for your relationship in innumerable ways.

Let’s look at some ways to be romantic without breaking your budget :

1. Write a poem.
2. Cook a romantic dinner.
3. Give a full-body massage.
4. Pack a sunset picnic.
5. Pick wildflowers on the way home.
6. Burn a CD with love songs.
7. Give dark chocolates.
8. Read poetry together.
9. Prepare strawberries with fondue chocolate.
10. Snuggle together on a rainy day.
11. Leave little love notes everywhere.
12. Send a love email every day.
13. Take a moonlit walk on the beach.
14. Snuggle together while watching romantic movies (Casablanca, Audrey Hepburn are my favs).
15. Get good wine, watch shooting stars.
16. Take a bath together (use bubbles!).
17. Bring home good coffee or a decadent sweet.
18. Take a walk down memory lane — visit some of the special places from your early days of dating.
19. Make warm chocolate cake for dessert.
20. Make a scrapbook with photos, mementos, and little notes from you lives together.
21. Kiss in the rain.
22. Ride a ferris wheel.
23. Sneak away from a party and make out.
24. Bring home great take-out, and light some candles.
25. Fix something or fix up the house just to make your partner happy.
26. Slow dance to romantic music.
27. Take a nap together.
28. Kiss slowly, touching his or her back and neck and nape — slowly.
29. Make a list of everything you love about him or her.
30. Write a love letter.
31. Clip or email things that make you think of him or her, every day.
32. Go to a movie, ignore the movie, and make out like teen-agers.
33. Groom yourself, and try to look good for your partner.
34. Take some quiet time and talk about your day.
35. Write little notes, one for each way he or she drives you crazy.
36. Feed each other grapes.
37. Recreate your partner’s favorite romantic movie scene.
38. Pretend you’re going on a first date — show up at the door with flowers, all dressed up, with your car washed and cleaned, looking spiffy. Recreate the first time.
39. Create a little box with a bunch of your partner’s favorite things inside.
40. Paint each other with flavored body paint. Be creative!
41. Try some sexy role-playing. Get dressed up, be daring, have fun.
42. Give a little token to your partner to wear, and say it’s to remind him or her all day that you love them.
43. Sing a favorite song to him or her. Only do this if you can sing fairly well.
44. Have dinner on the roof, with some candles. This doesn’t work if your roof slopes sharply.
45. Hold hands, and walk somewhere with lots of pretty lights.
46. Say I love you. In a different way, every day.
47. Blindfold your partner. Use a feather. Slowly.
48. Declare your love, very publicly.
49. Fruit or berries and freshly made whipped cream.
50. Play Sade. Do what comes naturally. Slowly.

Friday, June 1, 2007

Desi SpiderMan ...


Check out this our Indian desi SpiderMan.....
I am sure you have the speakers to listen the best music here...


Enjoy !!!!

Have Fun....keep smiling always ..!!!

Girls don't software guy, but why???

VNC on Solaris 10...

Hey want to know how to configure VNC on Solaris 10....

checkout the following link ...

VNC on Solaris 10

If it doesn't work for you send me an email to
I will send you the required packages, which can be installed with single command.

Tips to manage VNC:

1. To change the default options used by vncserver:

All the settings of vncserver are stored in file /etc/dt/config/Xservers. You will need to modify this file for any customized changes you need. You can set the resolution,add more vnc screens,change the default port to listen, change color depth & many more....

2. To change the default resolution:

Edit the file /etc/dt/config/Xservers. You will find the a line for each screen configured. The first is configured to display on local monitor & others are for VNC.
To change resolution for first screen edit line starting with ":1" and change setting of '-geometry' to your required resolution like 1024x768 or 800x600...

3. To restart the VNC service:

To make sure the changes you done to default configuration are working you can do the following:
a) restart your PC ( not so comfortable,right?) OR
b) logout from graphical window & from text console run the below command:
# /etc/init.d/dtlogin reset
After 5-10 seconds the you will get the graphical login console & VNC screens with changed settings.

Enjoy !!!

Jai Solu Baba

Behaal Software Engineer

Song by a Software Engineer

Kal jab mile thhe....
to dil mein hua ek sound.
Aur aaj mile to kehte hain...

------------ --------- ---------

Jo muddat se hota aaya hai,
woh repeat kar doonga...
Tu naa mili to apni zindagi
CTRL+ALT+ DEL kar doonga...

------------ --------- ---------

Shayad mere pyar ko
taste karna bhool gaye...
Dil sey aisa CUT kiya
ke PASTE karna bhool gaye....

------------ --------- ---------

Laakhon honge nigaah mein
kabhi mujhe bhi pick karo...
Mere pyaar ke icon pe
kabhi to DOUBLE CLICK karo...

------------ --------- ---------

Roz subha hum karte hain
pyar se unhe good morning...
Woh aise ghoor ke dekti hain
jaise 0 ERRORS aur 5 WARNING...

------------ --------- ---------

Aisa bhi nahin hai ke
I don't like your face.
Par dil ke storage mein

------------ --------- ---------

Ghar se jab tum nikale
pehen ke reshmi gown.
Jaane kitne dilon ka