Nilesh Gonsalves

Nov 272009

A Banquet for the Prime Minister of India and his wife, hosted by the POTUS, did go quite well as per sources. Except for ‘one small tolerable’ incident. The Party was gatecrashed by a US couple. Michaele and Tareq Salahi. Now as per, the US ways of dealing with such incidents, the name Tareq would surely have rung some bells, or dropped some bombs rather. But not here. They say there was no danger to the president or the PM as the couple did not go anywhere near them.

I remember visiting the US while on ship. We has reached an American and it was around midnight. Emergency bells were rung and announcement was made on PA system for everyone to assemble quickly at muster point. Everyone dragged themself out of bed, and after quickly changing in to working suits, reached the muster point. Only to find that it was very cold outside, we were to stand in line for the inspection by the US immigration. We were not supposed to land on US soil. Just deliver the goods and make headway. But we were passed through this humiliating scrutiny, even though we were far away from the POTUS and never meant to any banquet hosted by him.

So speaking of security, all the above security procedures followed are not worth the expenditures, if the white house party can be gate crashed.

 It would be interesting to wait and see if any action will be taken on this couple

Nov 252009

…….I am pleased to inform that the great golden circus is back in the city. Any person staying in Mumbai(India) can have the opportunity to watch it with their kids. The quality of it, I have doubts about, but kids would love it. This is one of the rare chances that we get, as the circus business has become a rarity in Indian cities.

Nov 252009

I am not a big fan of superhero movies. Never liked superman, the superhero without the sense about where to wear his underwear. Not much of a spiderman, as it was too sci-fi to be true. Never batman either, as I felt the movies were directed in much more a comic vein. So it took me three months after my brothers suggestion, to watch ‘The Dark Knight‘. And it did enchant me.

The character which had a lasting impression om my mind was that of the joker. Previous batman film I had seen had cast Jim Carrey as the ridler. The overall effect created by that villian was more towards a humourous leaning and not a terrifying experience. Jim carrey is a good actor(watch ‘The Truman Show‘), but he acted(or was directed to act), himself, and not a bad boy character. But Heath Ledger was a class apart. And no one can say that my admiration towards his ability was influenced by his death, as I came to know about his death a few months after I saw the movie.

He just stole the show!! Aaron Eckhart played his part well, so did Christian Bale. But they were like spectators, watching the hurricane that was the joker. He redefined the act of villainy. It may be accredited to the direction of the character, the screen play and the plot. But one look at the face, reveals the hard work required for the emotions that the joker was supposed to be capable of. The flow of the plot was controlled by the joker. The joker, and not the batman, managed to create an illusion, that Gotham exists as a real city.

By far the best batman movie ever made!! Credits due to Heath Ledger. May his soul rest in peace.

Nov 252009

I agree with a friend of mine, that the tragedy that was 26/11, is being lived again. Through the acts of citizens of Mumbai. The souls of the dead are haunting their families with unfulfilled dreams and wishes. But no matter how hard they try, they cannot forget their loss.

But, it seems like an opportunity for the media and page 3 to carry out all sorts of activities to reincarnate the incident.Silent marches, prayer sessions seem to be fitting way to give a last respect, at the anniversary. But beaming it on media in story, graphical, dramatically or any other form just constitutes a way of increasing TRP. I hope none of this over zealous fools try to recreate the incident in a form which hurts the families of the dead.

Anyway, no one needs to recreate the incident. With all the security arrangements in place to counter any more attacks(read with sarcasm), I won’t be astonished if such incidents happen again.

Nov 232009

I had heard that the blog was a good channel for expression. But it took me many years to write my first post. And that too, on some site which I forgot within few days. But again I started it couple of months back and though I may not be a big achiever in this business, I am quite satisfied. I have never thought about the financial part of this domain till now. And I think it will be quite premature at this stage. Unlike other blogs that I have visited, I do not want to cluster up my page, to a point that the reader looses interest in my blog, due to lack of reading ease.

But, I succeed or fail, in my attempt to open up to the world, I will be able to say in the future, “I’ve been there, I’ve done it”.

Nov 232009

The greatest showman of our times was undoubtedly, Micheal Jackson. ‘The King of Pop’ as he was and will be refered to. And indeed, a king he was in his domain. His video albums revolutionised the way music was being heard. Great  video channels took birth by the support of his art.

But how was he to fall!! Such a timid death for such a great man!! All through his life he had been at the receiving end of controversies. But his unusual circumstantial death can written off as the most controversial. One of the theories supporting the claims of his murder is, where is the person who called up 911 informing michael’s death.?

Also it is well-known that he was at the last stage of his practise for his comeback show. A normal rehearsal would have been filmed on normal cameras but his final dress rehearsal was filmed with high definition cameras. Was something boiling behind his back?

Whatever be the reasons for his deaths, we’ll never know, as the legend of Pop lies in his final resting place.

May his soul rest in peace.

Nov 222009

Disclaimer: This is a general guideline for earning in a stock market for long-term. Intraday is a risk which I rarely take. And the opinion in the post is my personal opinion, and not a hard and fast rule for achievement in market.

I started investing in the stock market a few years back. And with the results, I am quite happy.

People say that no one has ever earned anything in the stock market. I beg to differ. Fools have surely not managed it, but wise guys have. I do not wish to implicate that I am wise in this matter, but there are people, like Warren Buffet, Rakesh Jhunjunwalla, who have always shown wisdom.

My idea about it is, if the value of the stock is increasing, then surely someone is making profit out of it, else the prices would keep on going down. So why not that person be you or me?

A little wise decisions, and we all could make decent money in stock.

Some rules :

1. Carry out day trading for around 3 months, and find out the average at the end. You will find that you have lost overall. Or gained some amount which was not worth the risks taken. So  my advice is, do not go in for day trading. Believe me, only your broker is earning, not you!!

2. Again the caution, do not go for day trading.

3. But if you still insist here are the some guidelines :

a. Never, never ever, do short selling(selling if you do not have holding). You ‘might’ earn something but in majority of the times you end up losing a huge amount. The risk in short selling is that you have to finish your trade by buying at day end, else you may have to pay up huge penalties. So be ready with the amount which you want to book losses for. Short selling can be done if you have holding in a script and its making some good profit. That way you can sell at a price, and book profit if the price goes down, or you can always be in profit if you let go of the holding.

b. If you do normal buy for as sell later, you can always hold it if the value goes down. But be sure you want to hold that script.

c. Do not believe in tips by brokers. These tips are meant to increase the turnover at their terminals. Trust in your instincts.

4. So you decided not to go in intraday trading. First rule, read. Stay informed about happenings in the market and overall business conditions. It will give an indication of which company is healthy and in position to give good returns. In long-term point of view, it’s always good to invest in a company with good expansion/diversification plans.

5. Do not panic. If your script goes down, always say to yourself, ‘never mind, its long-term investment and it will come up’. In a down market, you can always pick up more stock of the same script to average out your investments. After all you have done some study on the company. Never sell a long-term investment for loss, if you really do not need the cash immediately.

6. Fix your target price. And get out of the stock when the target is achieved. Do not become greedy if the target is achieved. A sudden downfall, can make you wait for some more years to get to that level.

7. Never buy entire quantity of stock all at one time. I always buy half the quantity and stay satisfied. If the price comes down, I can buy more and average out.

8. Many of the stocks double their value in quite a short period. In such cases, take out the investments that you have made. You will be left with the quantity which has only the brokerage as the invested amount. Nearly free.

9. A company with good physical assets and long-term business, is much more lucrative than a fly by night operator whose profits have shot up in a very short span of time after entering market.

10. Look out for the promoters stake. Ideally for any promoter, to run his business, the stakes should be around 30 to 70 %. The promoter is thus confident of getting good returns himself if the business is good and its benefits are passed out to shareholders.

11. Never take loans to invest in stock. You will be looking for a return amount, somewhere more than your investment plus the loan interest. This situation might not materialise. Try to invest only the spare cash in hand as much as possible.

12. Don’t go by the promises made by a company. Look into the dedication of the company towards achiving those promises.

13. Spare a minimum amount to play an uncalculated game. Hold a large quantity of few penny stocks, as they come cheap, but might give good returns. Such case has happened in India when people had a holding of a particular script(the name I do not reveal, as I do not intend to advertise a particular script) for few years at its face value but it gave them returns by thousand times, yes thousand times!!

14. Diversify. Go into many a fields during investment. Stocks follow a cyclic trend wherein a certain industrial sector goes up at one time while some other industrial sector goes down. Thus your investments will be balanced against the possible dowfall of a particular sector.

There are lot more. But in the end if you start taking all of them in to consideration, you may not be able to markout good stocks for investments, as many guidlines will contradict each other. So use your brains, not mine, not the experts’.

And be always satisfied with your returns.

Nov 212009

Chiranjeevi escaped from being electrocuted during an election rally, when his party workers tried to raise the electric supply wires, under which he was passing. Sparks flew in the air and chiranjeevi, in his heroic action, ducked to save himself.

A contact with these live wire would have surely made a Sparkling Star out of him.

Related video here

Nov 212009

So now that the government has given an ultimatum to the mobile service providers in India, to get the infrastructure for number portability ready, I think that the mobile subscribers have finally been delivered to the promised land. And that too at a very affordable rate. Also, this marks the beginning of another price war with airtel leading the game by lowering call rates further. The order by the government sure did ring some cells…oops!!..bells.

An advise : Those wishing to port to a different service provider should start topping up less, since we don’t know if the balance will be carried forward.

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