Story of Samsung

1- In 1938, Lee Byung-Chull launched Samsung in South Korea as a grocery shop.

2- In 1940, due to tight competition in the grocery segment, Samsung abandoned grocery for producing and selling of noddles.

3- In 1950, Samsung abandoned production of noddles for producing of sugar.

4- In 1954, Samsung left sugar and started a woolen mill in Korea.

5- In 1956, Samsung abandoned woolen mill and started selling Insurance and securities.

6- In 1960, Samsung left selling of insurance and securities for production of television - the black and white television. Not color television.

7- In 1980, Samsung switched to telecoms, producing telephone switch boards.

8- In 1987, Lee the founder and owner of Samsung died. The company now broke into four independent companies- department stores, chemicals & logistics, paper/telecom and electronics.

9- Same year, Samsung decided to focus on international investing, investing in plants & semi conductor facilities around the world.

10- In 1990, Samsung delved into real estate abandoning international investing in semi conductors. Samsung built the worlds tallest buildings: Petronas Towers Malaysia, Taipei 101 in Taiwan

11- In 1993, there was heavy recession and Asian markets went belly up, Lee's son who had succeeded him as the CEO of Samsung began downsizing, selling subsidiaries and merged the rest.

12- With the merging of the electronics, engineering and chemicals division, Samsung became the worlds largest producer of memory chips.

13- In 1995, Samsung switched to liquid-crystal displays and over the next 10 years became the worlds largest manufacturer of flat screen television.

14- In 2010, with liquid crystal displays becoming competitive, Samsung launches a 10 year growth strategy, with smart phones being a key focus.

15- In 2016, Samsung is worlds largest mobile and smart phone maker, outselling iPhone two to one.

Samsung sales today is over $250 billion and produces a fifth of South Korea's total exports.

Don't be afraid of change. If you don't change, you become insignificant. Don't be afraid of delving into new waters. Don't get stuck doing same thing over and over again, it's boring. The life is in the risk. The life is in the new!!!!   If your idea isn't working or you are stagnant, don't stick to the Glorious' past, take the risk and move on. It's far better than being stagnant.

People are often unreasonable

People are often unreasonable, illogical and self centred;
Forgive them anyway.
If you are honest and sincere, people may cheat you;
Be honest and sincere anyway.
If you are kind, people may accuse you of selfish, ulterior motives;
Be kind anyway.
The good you do today, people will often forget tomorrow;
Do good anyway.
You see, in the final analysis, it is between you and God;
It was never between you and them anyway.

क्या आपने कभी इन पश्चिमी philosophers को पढ़ा है:

*क्या आपने कभी इन पश्चिमी philosophers को पढ़ा है:*
----------------------------------------------

1. *लियो टॉल्स्टॉय (1828 -1910):*

"हिन्दू और हिन्दुत्व ही एक दिन दुनिया पर राज करेगी, क्योंकि इसी में ज्ञान और बुद्धि का संयोजन है"।

2. *हर्बर्ट वेल्स (1846 - 1946):*

" हिन्दुत्व का प्रभावीकरण फिर होने तक अनगिनत कितनी पीढ़ियां अत्याचार सहेंगी और जीवन कट जाएगा । तभी एक दिन पूरी दुनिया उसकी ओर आकर्षित हो जाएगी, उसी दिन ही दिलशाद होंगे और उसी दिन दुनिया आबाद होगी । सलाम हो उस दिन को "।

3. *अल्बर्ट आइंस्टीन (1879 - 1955):*

"मैं समझता हूँ कि हिन्दूओ ने अपनी बुद्धि और जागरूकता के माध्यम से वह किया जो यहूदी न कर सके । हिन्दुत्व मे ही वह शक्ति है जिससे शांति स्थापित हो सकती है"।

4. *हस्टन स्मिथ (1919):*

"जो विश्वास हम पर है और इस हम से बेहतर कुछ भी दुनिया में है तो वो हिन्दुत्व है । अगर हम अपना दिल और दिमाग इसके लिए खोलें तो उसमें हमारी ही भलाई होगी"।

5. *माइकल नोस्टरैडैमस (1503 - 1566):*

" हिन्दुत्व ही यूरोप में शासक धर्म बन जाएगा बल्कि यूरोप का प्रसिद्ध शहर हिन्दू राजधानी बन जाएगा"।

6. *बर्टरेंड रसेल (1872 - 1970):*

"मैंने हिन्दुत्व को पढ़ा और जान लिया कि यह सारी दुनिया और सारी मानवता का धर्म बनने के लिए है । हिन्दुत्व पूरे यूरोप में फैल जाएगा और यूरोप में हिन्दुत्व के बड़े विचारक सामने आएंगे । एक दिन ऐसा आएगा कि हिन्दू ही दुनिया की वास्तविक उत्तेजना होगा "।

7. *गोस्टा लोबोन (1841 - 1931):*

" हिन्दू ही सुलह और सुधार की बात करता है । सुधार ही के विश्वास की सराहना में ईसाइयों को आमंत्रित करता हूँ"।

8.  *बरनार्ड शा (1856 - 1950):*

"सारी दुनिया एक दिन हिन्दू धर्म स्वीकार कर लेगी । अगर यह वास्तविक नाम स्वीकार नहीं भी कर सकी तो रूपक नाम से ही स्वीकार कर लेगी। पश्चिम एक दिन हिन्दुत्व स्वीकार कर लेगा और हिन्दू ही दुनिया में पढ़े लिखे लोगों का धर्म होगा "।

9. *जोहान गीथ (1749 - 1832):*

"हम सभी को अभी या बाद मे हिन्दू धर्म स्वीकार करना ही होगा । यही असली धर्म है ।मुझे कोई हिन्दू कहे तो मुझे बुरा नहीं लगेगा, मैं यह सही बात को स्वीकार करता हूँ ।"

दशावतार

एक माँ अपने पूजा-पाठ से फुर्सत पाकर अपने विदेश में रहने वाले बेटे से फोन पर बात करते समय पूँछ बैठी: ... बेटा! कुछ पूजा-पाठ भी करते हो या फुर्सत ही नहीं मिलती?

बेटे ने माँ को बताया - "माँ,  मैं एक आनुवंशिक वैज्ञानिक हूँ ...
मैं अमेरिका में मानव के विकास पर काम कर रहा हूँ ...
विकास का सिद्धांत, चार्ल्स डार्विन... क्या आपने उसके बारे में सुना है ?"

उसकी माँ मुस्कुरा कर बोली - “मैं डार्विन के बारे में जानती हूँ, बेटा ... मैं यह भी जानती हूँ कि तुम जो सोचते हो कि उसने जो भी खोज की, वह वास्तव में सनातन-धर्म के लिए बहुत पुरानी खबर है...“

“हो सकता है माँ !” बेटे ने भी व्यंग्यपूर्वक कहा ...

“यदि तुम कुछ होशियार हो, तो इसे सुनो,” उसकी माँ ने प्रतिकार किया...
... “क्या तुमने दशावतार के बारे में सुना है ? विष्णु के दस अवतार ?”

बेटे ने सहमति में कहा "हाँ! पर दशावतार का मेरी रिसर्च से क्या लेना-देना?"

माँ फिर बोली: लेना-देना है मेरे लाल... मैं तुम्हें बताती हूँ कि तुम और मि. डार्विन क्या नहीं जानते हैं ?

पहला अवतार था मत्स्य अवतार, यानि मछली | ऐसा इसलिए कि जीवन पानी में आरम्भ हुआ | यह बात सही है या नहीं ?”

बेटा अब और अधिक ध्यानपूर्वक सुनने लगा |

उसके बाद आया दूसरा कूर्म अवतार, जिसका अर्थ है कछुआ, क्योंकि जीवन पानी से जमीन की ओर चला गया 'उभयचर (Amphibian)' | तो कछुए ने समुद्र से जमीन की ओर विकास को दर्शाया |

तीसरा था वराह अवतार, जंगली सूअर, जिसका मतलब जंगली जानवर जिनमें बहुत अधिक बुद्धि नहीं होती है | तुम उन्हें डायनासोर कहते हो, सही है ? बेटे ने आंखें फैलाते हुए सहमति जताई |

चौथा अवतार था नृसिंह अवतार, आधा मानव, आधा पशु, जंगली जानवरों से बुद्धिमान जीवों तक विकास |

पांचवें वामन अवतार था, बौना जो वास्तव में लंबा बढ़ सकता था | क्या तुम जानते हो ऐसा क्यों है ? क्योंकि मनुष्य दो प्रकार के होते थे, होमो इरेक्टस और होमो सेपिअंस, और होमो सेपिअंस ने लड़ाई जीत ली |"

बेटा दशावतार की प्रासंगिकता पर स्तब्ध हो रहा था जबकि उसकी माँ पूर्ण प्रवाह में थी...

छठा अवतार था परशुराम - वे, जिनके पास कुल्हाड़ी की ताकत थी, वो मानव जो गुफा और वन में रहने वाला था | गुस्सैल, और सामाजिक नहीं |

सातवां अवतार था मर्यादा पुरुषोत्तम श्री राम, सोच युक्त प्रथम सामाजिक व्यक्ति, जिन्होंने समाज के नियम बनाए और समस्त रिश्तों का आधार |

आठवां अवतार था जगद्गुरु श्री कृष्ण, राजनेता, राजनीतिज्ञ, प्रेमी जिन्होंने ने समाज के नियमों का आनन्द लेते हुए यह सिखाया कि सामाजिक ढांचे में कैसे रहकर फला-फूला जा सकता है |

नवां अवतार था भगवान बुद्ध, वे व्यक्ति जो नृसिंह से उठे और मानव के सही स्वभाव को खोजा | उन्होंने मानव द्वारा ज्ञान की अंतिम खोज की पहचान की |

और अंत में दसवां अवतार कल्कि आएगा, वह मानव जिस पर तुम काम कर रहे हो | वह मानव जो आनुवंशिक रूप से अति-श्रेष्ठ होगा |

बेटा अपनी माँ को अवाक होकर सुनता रहा |
अंत में बोल पड़ा "यह अद्भुत है माँ, भारतीय दर्शन वास्तव में अर्थपूर्ण है |"

...पुराण अर्थपूर्ण हैं | सिर्फ आपका देखने का नज़रिया होना चाहिए धार्मिक या वैज्ञानिक ?

Osho on parenting

You will be gone soon but the children will be here. And nobody can manage anybody else's life. Though they are with you, yet they belong not to you. You may give them your love but not your thoughts for they have their own thoughts. You may house their bodies but not their souls, for their souls dwell in the house of tomorrow, which you cannot visit even in your dreams. God will take care. It is none of your business to be too concerned. Whatsoever we can do, we do, but one should not hanker about things going the way you want. That is very egoistic.
 
You have given birth to a child, but once he is out of the womb he is free of you. First he depended for his breath on you when he was in the womb. Then he will take his own breath.

You don't say
'What are you doing? Are you trying to be
free of me? Trying to be independent?'

You feel happy that your child is breathing.

First he will take milk from you, then one day he will start eating on his own.

First he will go on clinging to your apron and then one day he will leave it.

You will be happy because the child is growing, becoming mature. Then finally one day he falls in love with a woman.
He has found his woman, so he will go
on his own way.

Bless them, and whatsoever happens
they have to find their own life and their
own meaning to life.

Now you are free.
Just try to find your meaning, your life, your goals, and devote the few days that are left to the search of the ultimate.

Don't be concerned with ordinary things. I have never seen a single parent who is
happy about their children. I have heard a Jewish joke..

A Jewish woman died and the first thing she asked when she got to heaven was if she could see Mary. So it was arranged. She went to see Mary and said, ''I have only one question to ask. You must be the happiest woman in the world. Your son is worshipped by millions.'' Mary said, ''What! I always wanted him to
become a doctor''.

Nobody is ever happy. Even the father of Buddha was not happy. He was very very annoyed because his son turned out to
be a beggar. He became a sannyasi
and the father was hoping he would
become an emperor. He crushed all his
father's hopes.

One thing is certain -- that the child is not
here to fulfill your expectations.
The child is here with his own destiny, and he will unfold his own destiny. You are trying somehow to direct his destiny
and that is going to be frustrating. So if the child becomes a thief or a murderer, of course the parents feel bad, and it looks logical.
But even if he becomes a Jesus or a Buddha, then too they feel frustrated
because they have their own ideas and the children try to do their own thing.

Accept it and bless them. They have to find their own ways

Who are we to interfere? And how can we?

Pray for them but leave them on their own. You try to grow yourself.

उसे आईलाइनर पसंद था

उसे आईलाइनर पसंद था,
मुझे काजल।

वो फ्रेंच टोस्ट और कॉफी पे मरती थी,
और मैं अदरक की चाय पे।

उसे नाइट क्लब पसंद थे,
मुझे रात की शांत सड़कें।

शांत लोग मरे हुए लगते थे उसे,
मुझे शांत रहकर उसे सुनना पसंद था।

लेखक बोरिंग लगते थे उसे,
पर मुझे मिनटों देखा करती जब मैं लिखता।

वो न्यूयॉर्क के टाइम्स स्कवायर, इस्तांबुल के ग्रैंड बाजार में शॉपिंग के सपने देखती थी,
मैं असम के चाय के बागानों में खोना चाहता था।
मसूरी के लाल डिब्बे में बैठकर सूरज डूबना देखना चाहता था।

उसकी बातों में महँगे शहर थे,
और मेरा तो पूरा शहर ही वो।

न मैंने उसे बदलना चाहा न उसने मुझे।
एक अरसा हुआ दोनों को रिश्ते से आगे बढ़े।

कुछ दिन पहले उनके साथ रहने वाली एक दोस्त से पता चला,
वो अब शांत रहने लगी है,
लिखने लगी है,
मसूरी भी घूम आई,
लाल डिब्बे पर अँधेरे तक बैठी रही।
आधी रात को अचानक से उनका मन
अब चाय पीने को करता है।

और मैं...

मैं भी अब अक्सर कॉफी पी लेता हूँ
किसी महँगी जगह बैठकर।

- गुलज़ार

It's never too late to start all over

At age 5 his Father died.

At age 16 he quit school.

At age 17 he had already lost four jobs.

At age 18 he got married.

Between ages 18 and 22, he was a railroad conductor and failed.

He joined the army and washed out there.

He applied for law school he was rejected.

He became an insurance sales man and failed again.

At age 19 he became a father.

At age 20 his wife left him and took their baby daughter.

He became a cook and dishwasher in a small cafe.

He failed in an attempt to kidnap his own daughter, and eventually he convinced his wife to return home.

At age 65 he retired.

On the 1st day of retirement he received a cheque from the Government for $105.

He felt that the Government was saying that he couldn’t provide for himself.

He decided to commit suicide, it wasn’t worth living anymore; he had failed so much.

He sat under a tree writing his will, but instead, he wrote what he would have accomplished with his life. He realised there was much more that he hadn’t done. There was one thing he could do better than anyone he knew. And that was how to cook.

So he borrowed $87 against his cheque and bought and fried up some chicken using his recipe, and went door to door to sell them to his neighbours in Kentucky.

Remember at age 65 he was ready to commit suicide.

But at age 88 Colonel Sanders, founder of Kentucky Fried Chicken (KFC) Empire was a billionaire.

Moral of the story: Attitude. It's never too late to start all over.

MOST IMPORTANLY, IT'S ALL ABOUT YOUR ATTITUDE. NEVER GIVE UP NO MATTER HOW HARD IT GETS.

You have what it takes to be successful. Go for it and make a difference...... Forwarded as received.

5 रोचक कानूनी ज्ञान

हमारेे देश में कानूनन कुछ ऐसी हकीक़तें है, जिसकी जानकारी हमारे पास नहीं होने के कारण  हम अपने अधिकार से मेहरूम रह जाते है।

तो चलिए ऐसे ही कुछ  *5 रोचक फैक्ट्स* की जानकारी आपको देते है, जो जीवन में कभी भी उपयोगी हो सकती है.

👁‍🗨 *1.  शाम के वक्त महिलाओं की गिरफ्तारी नहीं हो सकती*-

कोड ऑफ़ क्रिमिनल प्रोसीजर, सेक्शन 46 के तहत शाम 6 बजे के बाद और सुबह 6 के पहले भारतीय पुलिस किसी भी महिला को गिरफ्तार नहीं कर सकती, फिर चाहे गुनाह कितना भी संगीन क्यों ना हो. अगर पुलिस ऐसा करते हुए पाई जाती है तो गिरफ्तार करने वाले पुलिस अधिकारी के खिलाफ शिकायत (मामला) दर्ज की जा सकती है. इससे उस पुलिस अधिकारी की नौकरी खतरे में आ सकती है.

👁‍🗨 *2. सिलेंडर फटने से जान-माल के नुकसान पर 40 लाख रूपये तक का बीमा कवर क्लेम कर सकते है*-

पब्लिक लायबिलिटी पॉलिसी के तहत अगर किसी कारण आपके घर में सिलेंडर फट जाता है और आपको जान-माल का नुकसान झेलना पड़ता है तो आप तुरंत गैस कंपनी से बीमा कवर क्लेम कर सकते है. आपको बता दे कि गैस कंपनी से 40 लाख रूपये तक का बीमा क्लेम कराया जा सकता है. अगर कंपनी आपका क्लेम देने से मना करती है या टालती है तो इसकी शिकायत की जा सकती है. दोषी पाये जाने पर गैस कंपनी का लायसेंस रद्द हो सकता है.

👁‍🗨 *3. कोई भी हॉटेल चाहे वो 5 स्टार ही क्यों ना हो… आप फ्री में पानी पी सकते है और वाश रूम इस्तमाल कर सकते है*-

इंडियन सीरीज एक्ट, 1887 के अनुसार आप देश के किसी भी हॉटेल में जाकर पानी मांगकर पी सकते है और उस हॉटल का वाश रूम भी इस्तमाल कर सकते है. हॉटेल छोटा हो या 5 स्टार, वो आपको रोक नही सकते. अगर हॉटेल का मालिक या कोई कर्मचारी आपको पानी पिलाने से या वाश रूम इस्तमाल करने से रोकता है तो आप उन पर कारवाई  कर सकते है. आपकी शिकायत से उस हॉटेल का लायसेंस रद्द हो सकता है.

👁‍🗨 *4. गर्भवती महिलाओं को नौकरी से नहीं निकाला जा सकता*-

मैटरनिटी बेनिफिट एक्ट 1961 के मुताबिक़ गर्भवती महिलाओं को अचानक नौकरी से नहीं निकाला जा सकता. मालिक को पहले तीन महीने की नोटिस देनी होगी और प्रेगनेंसी के दौरान लगने वाले खर्चे का कुछ हिस्सा देना होगा. अगर वो ऐसा नहीं करता है तो  उसके खिलाफ सरकारी रोज़गार संघटना में शिकायत कराई जा सकती है. इस शिकायत से कंपनी बंद हो सकती है या कंपनी को जुर्माना भरना पड़ सकता है.

👁‍🗨 *5. पुलिस अफसर आपकी शिकायत लिखने से मना नहीं कर सकता*-

आईपीसी के सेक्शन 166ए के अनुसार कोई भी पुलिस अधिकारी आपकी कोई भी शिकायत दर्ज करने से इंकार नही कर सकता. अगर वो ऐसा करता है तो उसके खिलाफ वरिष्ठ पुलिस दफ्तर में शिकायत दर्ज कराई जा सकती है. अगर वो पुलिस अफसर दोषी पाया जाता है तो उसे कम से कम 6 महीने से लेकर 1  साल तक की जेल हो सकती है या फिर उसे अपनी नौकरी गवानी पड़ सकती है.

इन रोचक फैक्ट्स को हमने आपके लिए ढूंढ निकाला है.

ये वो रोचक फैक्ट्स है, जो हमारे देश के कानून के अंतर्गत आते तो है पर हम इनसे अंजान है. हमारी कोशिश होगी कि हम आगे भी ऐसी बहोत सी रोचक बाते आपके समक्ष रखे, जो आपके जीवन में उपयोगी हो।

जहाँ खामोश रहना है वहाँ मुँह खोल जाते हैं

कहाँ पर बोलना है और कहाँ पर बोल जाते हैं
जहाँ खामोश रहना है वहाँ मुँह खोल जाते हैं

*कटा जब शीश सैनिक का तो हम खामोश रहते हैं
कटा एक सीन पिक्चर का तो सारे बोल जाते हैं*

ये कुर्सी मुल्क खा जाए तो कोई कुछ नही कहता
मगर रोटी की चोरी हो तो सारे बोल जाते हैं

*नयी नस्लों के ये बच्चे जमाने भर की सुनते हैं
मगर माँ बाप कुछ बोले तो बच्चे बोल जाते है*

फसल बर्बाद होती है तो कोई कुछ नही कहता
किसी की भैंस चोरी हो तो सारे बोल जाते हैं

*बहुत ऊँची दुकानो मे कटाते जेब सब अपनी
मगर मजदूर माँगेगा तो सिक्के बोल जाते हैं*

गरीबों के घरों की बेटियाँ अब तक कुँवारी हैं
कि रिश्ता कैसे होगा जबकि गहने बोल जाते हैं

अगर मखमल करे गलती तो कोई कुछ नही कहता
फटी चादर की गलती हो तो सारे बोल जाते हैं

हवाओं की तबाही को सभी चुपचाप सहते हैं
च़रागों से हुई गलती तो सारे बोल जाते हैं

बनाते फिरते हैं रिश्ते जमाने भर से हम अक्सर
मगर घर मे जरूरत हो तो रिश्ते बोल जाते हैं.

Stanford University

A lady in a faded grey dress and her husband, dressed in a homespun suit walked in timidly without an appointment into the Harvard University President's outer office. The secretary could tell in a moment that such backwoods, country hicks had no business at Harvard and probably didn't even deserve to be in Harvard.
"We want to see the President” the man said softly.
"He'll be busy all day” the secretary snapped.
"We'll wait" the lady replied.
For hours the secretary ignored them, hoping that the couple would finally become discouraged and go away. They didn't and the secretary grew frustrated and finally decided to disturb the president.
"Maybe if you see them for a few minutes, they'll leave" she said to him. The President, stern faced and with dignity, strutted toward the couple.
The lady told him "We had a son who attended Harvard for one year. He loved Harvard. He was happy here. But about a year ago, he was accidentally killed. My husband and I would like to erect a memorial to him, somewhere on campus."
The president wasn't touched....He was shocked. "Madam " he said, gruffly," we can't put up a statue for every person who attended Harvard and died. If we did, this place would look like a cemetery."
"Oh, no," the lady explained quickly "We don't want to erect a statue. We thought we would like to give a building to Harvard."
The president rolled his eyes. He glanced at the gingham dress and homespun suit, and then exclaimed, "A building! Do you have any earthly idea how much a building costs? We have over seven and a half million dollars in the physical buildings here at Harvard."
For a moment the lady was silent. The president was pleased. Maybe he could get rid of them now. The lady turned to her husband and said quietly, “Is that all it costs to start a university ? Why don't we just start our own?" Her husband nodded.
The president's face wilted in confusion and bewilderment. Mr. and Mrs. Leland Stanford got up and walked away, traveling to Palo Alto, California where they established the University that bears their name. Stanford University, a memorial to a son that Harvard no longer cared about.
Most of the time we judge people by their outer appearance, which can be misleading.. And in this impression, we tend to treat people badly by thinking they can do nothing for us. Thus we tend to lose our potential good friends, employees or customers.
Remember:
In our Life, we seldom get people with whom we want to share & grow our thought process. But because of our inner EGO we miss them forever.

India - is it a gigantic success or a colossal failure?

Kishore Rajani: An introductory 5 minutes speech given in London at a event, by a young professional of Indian origin. His name Dhritiman  Biswas. He spoke extempore and the points are reproduced here. The topic was  a round table on: 'India -  is it a gigantic success or a colossal failure?'
This is what he said:
 "Ladies and Gentleman, I am glad I am merely introducing the debate and not participating as in my humble opinion the question itself is wrong. India, unlike, many western paradigms cannot be analysed in black and white.. in linear equations or algorithms such as this.... We hate test cricket yet are the No1 test ranked country; our ranking in gender diversity is 134, yet the majority of our bank CEOs, the most misogynist yet of industries are women; our health services creak and crumble, yet 36 pct of all NHS consultants are Indians; we love Bollywood tamasha, yet New York philharmonic sold out in 5 minutes in Calcutta in 1984; we struggle with illiteracy, yet are the largest English speaking country in the world; we riot, fight and squabble, yet remain a thriving democracy whilst Russia, Arabia, Brazil, Pakistan fall to authoritarianism...India is a concept devised by the British and therefore in many ways a contradiction, a process , a work in progress. Our poverty index suggests we are a hopeless failure, our mobile usage however may allude to resounding success. Our private sector defaults diabolically like Kingfisher but spectacularly turnaround JLR like TATA. This question cannot be answered because it is the wrong question to ask. The right question is - can India be allowed to fail?  JP Morgan elegantly points to the ruins of emerging markets and says India is a nice house in a bad street! I would add further... The western world is founded on the principles of liberal, free market, democracy... Outside the OECD and the western Anglo Saxon Protestant world, literally in the entire globe there is one other example of this experiment and that is India...we are the West and England's most natural ally... We speak the language, sing Beatles songs, read Wodehouse and want to grow up to be Sherlock. Despite our many failings we are a giant and a colossus and for the sake of the world let's hope we succeed."

शेयर मार्केट में पैसा कैसे डूबता है ?

एक बार एक आदमी ने गाँव वालों से कहा कि वो 100 रु. में एक बन्दर 🐒 खरीदेगा, ये सुनकर सभी गाँव वाले नजदीकी जंगल की ओर दौड़ पड़े और वहां से बन्दर पकड़ पकड़ कर 100 रु. में उस आदमी को बेचने लगे ..
कुछ दिन बाद ये सिलसिला कम हो गया और लोगों की इस बात में दिलचस्पी कम हो गयी .......

फिर उस आदमी ने कहा की वो एक एक 🐒बन्दर के लिए 200 रु. देगा, ये सुनकर लोग फिर बन्दर 🐒 पकड़ने में
लग गये। लेकिन कुछ दिन बाद मामला फिर ठंडा हो गया .

अब उस आदमी ने कहा कि वो बंदरों के लिए 500 रु. देगा, लेकिन क्यूंकि उसे शहर जाना था, उसने इस काम के
लिए एक असिस्टेंट नियुक्त कर दिया. 500 रु. सुनकर गाँव वाले बदहवास हो गए, लेकिन पहले ही लगभग सारे बन्दर पकड़े जा चुके थे इसलिए उन्हें कोई हाथ नहीं लगा ......।

तब उस आदमी का असिस्टेंट उनसे आकर कहता है,
"आप लोग चाहें तो सर के पिंजरे में से 400 -400 रु. में बन्दर 🐒 खरीद सकते हैं, जब सर आ जाएँ तो 500-500 में बेच दीजियेगा।" गाँव वालों को ये प्रस्ताव भा गया और उन्होंने (100-200 रु. में बेचे हुए) सारे बन्दर 🐒 400 - 400 रु. में खरीद लिए ।
अगले दिन न वहां कोई असिस्टेंट था और न ही कोई सर।
बस बन्दर ही बन्दर..

एक ही विषय पर 6 महान शायरों का नजरिया...

1- मिर्ज़ा ग़ालिब :

"शराब पीने दे मस्जिद में बैठ कर,
या वो जगह बता जहाँ ख़ुदा नहीं।"

2- इक़बाल:

"मस्जिद ख़ुदा का घर है, पीने की जगह नहीं ,
काफिर के दिल में जा, वहाँ ख़ुदा नहीं।"

3- अहमद फ़राज़:

काफिर के दिल से आया हूँ मैं ये देख कर, खुदा मौजूद है वहाँ, पर उसे पता नहीं।"

4- वसी :

खुदा तो मौजूद दुनिया में हर जगह है,
तू जन्नत में जा वहाँ पीना मना नहीं।"

5- साकी:

"पीता हूँ ग़म-ए-दुनिया भुलाने के लिए,
जन्नत में कौन सा ग़म है इसलिए वहाँ पीने में मजा नही।"

 6 -व्हाटसअप एडमिन:

ला भाई दारू पिला, बकवास न बांचो ..
जहाँ मर्ज़ी वही पिएंगे, भाड़ में जाएँ पांचों"

9 short stories worth reading

1. FALL and RISE
 
Today, when I slipped on the wet tile floor a boy in a wheelchair caught me before I slammed my head on the ground.  He said, “Believe it or not, that’s almost exactly how I injured my back 3 years ago .

2. A FATHER'S ADVICE

Today, my father told me, “Just go for it and give it a try!  You don’t have to be a professional to build a successful product.  Amateurs started Google and Apple.  Professionals built the Titanic

3. The POWER of UNIQUENESS .

Today, I asked my mentor – a very successful business man in his 70’s – what his top 3 tips are for success.  He smiled and said, “Read something no one else is reading, think something no one else is thinking, and do something no one else is doing.

4. LOOKING BACK

Today, I interviewed my grandmother for part of a research paper I’m working on for my Psychology class.  When I asked her to define success in her own words, she said, “Success is when you look back at your life and the memories make you smile.

5. TRY and YOU shall KNOW

I am blind by birth. When I was 8 years old, I wanted to play baseball. I asked my father- "Dad, can I play baseball?" He said "You'll never know until you try." When I was a teenager, I asked him, - "Dad Can I become a surgeon?". He replied "Son, you'll never know until you try." Today I am a Surgeon, just because I tried!

6. GOODNESS & GRATITUDE

Today, after a 72 hour shift at the fire station, a woman ran up to me at the grocery store and gave me a hug.  When I tensed up, she realized I didn’t recognize her.  She let go with tears of joy in her eyes and the most sincere smile and said, “On 9-11-2001, you carried me out of world trade centre.
 

7. LOOKING BACK

Today, as my father, three brothers, and two sisters stood around my mother’s hospital bed, my mother uttered her last coherent words before she died. She simply said, “I feel so loved right now. We should have gotten together like this more often.”

8. AFFECTION

Today, I kissed my dad on the forehead as he passed away in a small hospital bed.  About 5 seconds after he passed, I realized it was the first time I had given him a kiss since I was a little boy.



9. SHARING

Today, I was traveling in Kenya and I met a refugee from Zimbabwe.  He said he hadn’t eaten anything in over 3 days and looked extremely skinny and unhealthy.  Then my friend offered him the rest of the sandwich he was eating.  The first thing the man said was, “We can share it.”

Cheers to life😃😊😊

One of the best posts, ever gone through.....thanks to all those who decided to share these real life experiences

10 English words used only by Indians since childhood days....

1. Mother Promise

For ages, you have always used this word without even knowing if it was a legit word, haven't you? So we decided to burst your bubble! While the word 'promise' features in the Oxford Dictionary, there's no mention of 'mother promise'. Surprised? Wondering how 'mother promise' came into being. It's the literal English translation of 'ma kasam' or 'aai shapath'. The next time you want to stand by something you really mean, try using just 'promise'. You don't really need to drag your mother into everything, do you?

2. Cousin sister and cousin brother

According to the Oxford Dictionary a 'cousin' is a child of one's uncle or aunt. And Grammar Nazis would insist that the word 'cousin' does not need to be followed with words like 'sister' or 'brother'. Did you know that 'cousin sister or cousin brother' are words used only in India. The right way is just to say 'cousin'. Wondering how you'd get to know their gender. Well, that's what names are for, aren't they?

3. Good name

When Indians meet strangers, why do they ask the question, 'What's your GOOD NAME?' Every parent or grandparent who has named the child, does it with a GOOD intention. So there's nothing bad about a name. The next time you meet a stranger, you could say 'What's your name?'

4. Revert back

Now this one's tricky! Because that's what you have been writing in e-mails, haven't you? Well according to The Free Dictionary 'revert' means 'to reply to someone'. Why use 'revert back' when you can just say 'revert'?

5.  Rubber

In India the 'eraser' is also called 'rubber'! But in the rest of the world, 'rubber' is a slang for 'condom'. Now it makes sense why your relatives and friends in foreign countries complain that people there burst out laughing when they ask for a 'rubber' instead of an 'eraser'.

6. Picture

When was the last time you mentioned that you were going to 'watch a 'picture'?' No one really knows when 'picture' became synonymous with 'films' or 'movies' in India. According to the Oxford Dictionary, 'picture' means a drawing or painting. You could say 'I am going out to watch a movie or film'.

7. Mention not

Isn't it funny that every time someone thanks an Indian, they quickly turn around and say 'mention not'. We are still scratching our heads wondering how the word originated and what it means. There are plenty of ways you can accept someone's thanks.You can use any of the following:

You're welcome.
It's my pleasure.
That's alright.
No problem.

8. Pass out

How is it that every Indian graduating from college is passing out? Confused? Let's tell you the difference. When you are really drunk and become unconscious, you 'pass out'. But when you refer to a successful completion of a course or training, you use the word 'graduate'.

9. Cheatercock

We all have used this word in our childhood. Once, twice, thrice…we have lost count of the number of times we called someone a 'cheatercock'! But ever wondered what does the word mean? We are still wondering! According to the Oxford Dictionary, cheater is a person who acts dishonestly in order to gain advantage. Won't it be sufficient if we just said 'cheater'?

10. Would be

How would you introduce your fiance?

Amit: Hello uncle.

Uncle: Hello Amit.

Amit: Uncle, I would like to introduce you to my 'would be'.

Unfortunately Amit doesn't know that 'would be' means nothing. If you want to introduce your to-be bride then simply use 'fiance'. How easy is that!

Kaizen Story: Tiger in the Toilet

Once a stranded Tiger entered the washroom in a Corporate Office and hid in a dark corner. Since there were people outside the washroom through the day, the Tiger was afraid to come out.

Many people frequented the washroom, but the frightened Tiger didn’t touch anyone. However, after four days it couldn’t bear hunger anymore, so it caught a man who had come in, and ate him.

This man happened to be an Assistant General Manager in the organization, but nobody noticed his disappearance.

Since nothing untoward happened, the Tiger became bolder and after two days caught another man and ate him.

This man was the General Manager of the organization.

Still, nobody worried over his disappearance (Some people even happy that he was not seen in the office).

Next day, the Tiger caught the Vice President who was a terror in the organization.

Again nothing happened. The Tiger was very happy and decided that this was the perfect place for him to live.

The very next day the happy Tiger caught a man who had entered the washroom while balancing a tray of teacups in one hand.

The frightened man fell unconscious. Within fifteen minutes a huge hue and cry ensued, and everyone in the office started looking for the man. The search team reached the washroom, flushed out the Tiger and saved the unconscious man. He was the tea boy in the office.

Moral of the Story

It is not the position, but our usefulness to others that makes us lovable and respectable.

Acknowledgement: From the book Tiger in the Toilet

The 90/10 principle

The 90/10 principle

I am sharing this article by Stephen Covey

I hope you Enjoy it

Discover the 90/10 Principle

It will change your life (at least the way you react to situations)

What is this principle? 10% of life is made up of what happens to you

90% of life is decided by how you react

What does this mean? We really have no control over 10% of what happens to us

We cannot stop the car from breaking down

The plane will be late arriving, which throws our whole schedule off

A driver may cut us off in traffic

We have no control over this 10%

The other 90% is different

You determine the other 90%

How? ……….By your reaction

You cannot control a red light but you can control your reaction

Don't let people fool you; YOU can control how you react

Let's use an example

You are eating breakfast with your family

Your daughter knocks over a cup of coffee onto your business shirt

You have no control over what just happened

What happens next will be determined by how you react

You curse

You harshly scold your daughter for knocking the cup over

She breaks down in tears

After scolding her, you turn to your spouse and criticize her for placing the cup too close to the edge of the table.

A short verbal battle follows

You storm upstairs and change your shirt

Back downstairs, you find your daughter has been too busy crying to finish breakfast and could not get ready for school

She misses the bus

Your spouse must leave immediately for work

You rush to the car and drive your daughter to school

Because you are late, you drive 40 miles an hour in a 30 mph speed limit

After a 15-minute delay and throwing $60 traffic fine away, you arrive at school

Your daughter runs into the building without saying goodbye

After arriving at the office 20 minutes late, you find you forgot your briefcase

Your day has started terrible

As it continues, it seems to get worse and worse

You look forward to coming home

When you arrive home, you find small wedge in your relationship with your spouse and daughter

Why?

Because of how you reacted in the morning

Why did you have a bad day

A) Did the coffee cause it
B) Did your daughter cause it
C) Did the policeman cause it
D) Did you cause it

The answer is “D"

You had no control over what happened with the coffee

How you reacted in those 5 seconds is what caused your bad day

Here is what could have and should have happened

Coffee splashes over you

Your daughter is about to cry

You gently say, "Its ok honey, you just need to be more careful next time"

Grabbing a towel you rush upstairs

After grabbing a new shirt and your briefcase, you come back down in time to look through the window and see your child getting on the bus

She turns and waves

You arrive 5 minutes early and cheerfully greet the staff

Your boss comments on how good the day you are having

Notice the difference

Two different scenarios

Both started the same

Both ended different

Why?

Because of how you REACTED

You really do not have any control over 10% of what happens

The other 90% was determined by your reaction

Here are some ways to apply the 90/10 principle

If someone says something negative about you, don't be a sponge

Let the attack roll off like water on glass

You don't have to let the negative comment affect you

React properly and it will not ruin your day

A wrong reaction could result in losing a friend or dear one /being fired/getting stressed out etc

How do you react if someone cuts you off in traffic

Do you lose your temper?

Pound on the steering wheel?

Do you curse?

Does your blood pressure skyrocket?

Do you try and bump them?

WHO CARES if you arrive ten seconds later at work?

Why let the cars ruin your drive?

Remember the 90/10 principle, and do not worry about it

You are told you lost your job

Why lose sleep and get irritated?

It will work out

Use your worrying energy and time into finding another job

The plane is late;
it is going to mangle your schedule for the day

Why take outpour frustration on the flight attendant?

She has no control over what is going on

Use your time to study, get to know the other passenger

Why get stressed out?

It will just make things worse

Now you know the 90-10 principle

Apply it and you will be amazed at the results

You will lose nothing if you try it

The 90-10 principle is incredible

Very few know and apply this principle.

The result?

Millions of people are suffering from undeserved stress, trials, problems and heartache

We all must understand and apply the 90/10 principle


Wishing you most & MORE....

The Abilene Paradox

On my birthday a couple of years back, I wanted to take my family out for dinner. I asked my wife where we can go. Knowing that I like Gujarati food, she immediately said: “Let’s go to Agashiye - The Terrace Restaurant.”

My son and daughter both nodded in agreement. On return my son said: “I wish Pappa had taken us to Mainland China – he loves Chinese food.” “Or at least to Shere-E-Punjab for the wonderful tandoori chicken” added my daughter. “Yes, I too would have loved to go Mainland China”, I said.

My wife looked surprised: “But didn’t we all unanimously agree to go to Agashiye,” she asked.

I said sheepishly “I didn’t want you to feel bad.” And both my children nodded in agreement. Here were four people who of their own volition would not have gone to ‘Agashiye - The Terrace Restaurant, but collectively agreed to go there.

This also happens in the corporate world. This is the Abilene Paradox. Prof. Jerry Harvey calls it *“The Inability to Manage Agreement”.*

*The Abilene Paradox occurs when a group of people collectively decide on a course of action that is contrary to the preferences of most of the individuals in the group.*

Prof. Harvey states in his paper ‘The Abilene Paradox’: *“Organizations frequently take actions in contradiction to what they really want to do and therefore defeat the very purpose they are trying to achieve”.* This is the _inability to manage agreement._

He adds: *“The inability to manage agreement, not the inability to manage conflict, is the essential symptom that defines organizations caught in the web of the Abilene Paradox.”*

In the corporate world, when the top boss throws an idea, the group immediately agrees. This is because everyone in the group thinks he would look stupid if he disagrees.  Standing out as a lone voice is very embarrassing. This leads the group to decide on ‘yes’ when ‘no’ would have been the personal (and the correct) response of the majority.

I love this from _Ayn Rand_: *“If we have an endless number of individual minds who are weak, meek, submissive and impotent – who renounce their creative supremacy for the sake of the “whole” and accept humbly the ‘whole’s verdict’ – we don’t get a collective super-brain. We get only the weak, meek, submissive and impotent collection of minds.”*

हिंदी में बिंदी की ताकत

हिंदी में बिंदी की ताकत

*इसका अंदाज़ा मुझे कल हुआ जब आगे जा रही बस पर लिखा पान मसाला का विज्ञापन देखा*

*दाने दाने में है केसर का दम*

*किसी मनचले ने एक बिंदी लगाकर पूरे विज्ञापन की हवा निकाल दी*

*दाने दाने में है केंसर का दम*

Dons of Indian bourses

Jhunjhunwala grew up in Mumbai, India where his father is posted as an Income Tax Officer. He graduated from Sydenham College and thereafter enrolled at the Institute of Chartered Accountants of India.

Jhunjhunwala is the chairman of Aptech Limited and Hungama Digital Media Entertainment Pvt. Ltd. and sits on the board of directors of various Indian companies such as Prime Focus Limited, Geojit BNP Paribas Financial Services Limited, Bilcare Limited, Praj Industries Limited, Provogue India Limited, Concord Biotech Limited, Innovasynth Technologies (I) Limited, Mid Day Multimedia Limited, Nagarjuna Construction Company Limited, Viceroy Hotels Limited and Tops Security Limited.

Rakesh Jhunjhunwala Success Story from 5k to 1.8$ Billion

Rakesh Jhunjhunwala, the name that needs no introduction. The legendary investor who is known as the Warren Buffet of India. Lets check out the success story of Rakesh Jhunjhunwala and his journey from 5000 Rs to 8000 Crore.

Rakesh Jhunjhunwala was born on 5th July 1960. He father was an Income tax officer. His father was interested in stocks and used to discuss about the stock market with his friends. Rakesh as a child would listen to them. Once he asked his father why the price fluctuate. He told him to check the news, it makes the price to fluctuates. This was his first lesson of stocks market. He got fascinated by stocks and found it interesting. He expressed his wish to get into stock market to his father. He told him to do whatever he wanted in life but at least get professionally qualified. Rakesh then took up chartered accountancy and completed his CA in 1985.

After completing the CA he told his father that he wanted to go in the stock market. His father reacted by telling not to ask him or any of his friends for money. Earn and trade with your money. He started his career in 1985 when the BSE Sensex was at 150. He made his first big profit of Rs 0.5 million in 1986 when he sold 5,000 shares of Tata Tea at a price of Rs 143 which he had purchased for Rs 43 a share just 3 months prior. . Between 1986 and 1989 he earned Rs 20–2.5 million. His first major successful bet was iron mining company Sesa Goa(now Sesa Sterlite). He bought 400,000 shares of Sesa Goa in forward trading, worth Rs 10 million and sold about 2-250,000 shares at Rs 60–65 and another 100,000 at Rs 150–175. The price rose to Rs 2200 and he sold some shares.

Jhunjhunwala bought 6 crore shares of Titan in 2002-03 at an average price of around Rs 3. The stock is currently trading at 390 Rs level and his investment value is now 2100 crore, which made around 35 lakh per hour for him. In 2006 he bought lupin around 150 Rs which is now trading at 1100 levels. He bought crisil around 200-300 levels which is now at 1800. Likewise there are so many stocks in his portfolio that made huge money for him.

His philosophy

Rakesh Jhunjhunwala believes in power of mistakes. He says its the mistakes that made him to learn and become a better investor. he says. “If you don’t believe the markets are supreme, you will never admit that it was your mistake. If you don’t admit that it is your mistake, you will never learn. To succeed in the stock market, not only is the ability to learn from one’s mistakes vital, he says, but also to blame only oneself for it. “I don’t blame the promoters of companies. I blame myself. The promoter is what he is. I have to recognise that. He is not what I expect him to be.” Jhunjhunwala says what he has learnt in life is to try and earn money in trading and to invest it in stocks.

His believe on India

Jhunjhunwala says he is bullish on the country growth since he entered the stock market. He insists the Indian economy will grow by 9-10 percent, though that may need a transition of two to three years. Jhunjhunwala’s thesis is that Indians will save $1 trillion a year, and even if 10 percent of that money—$100 billion —flows into the markets, there will be a tsunami on the bourses. “So I remain bullish that, for the next 20 years, we could see a bull run like the one Wall Street had from 1987.”



His daily routine

He wakes up at 7.30 and does some exercise. At 9 am he watches TV to get update about market opening. At 10 he gets ready for work after having breakfast. Around 11.30 he reaches his office talks to his people, checks mails, reads articles and watch the trading screen. 4 PM onwards he meets the people at the end of the trading hours. At 7.30 he leaves for home, after reaching home he plays with his children and looks into his daughters homework. At 9.30 he takes dinner and after 10 goes to bed.

Radhakishan damani

He is a low-profile stock market veteran who invests on his own account. His portfolio includes a string of blue-chip stocks that he has been accumulating over the years. Notable holding is a 26 percent stake in cigarette maker VST Industries, an affiliate of British American Tobacco. A big chunk of his wealth also comes from hypermarket chain D-Mart, which he set up and grew into a chain of more than 70 outlets, mostly in western India. He has pledged $8 million to a Bangalore institute and $1.8 million to the new Ashoka University.

Fast Fact: His close friend is fellow investor Rakesh Jhunjhunwala (ranked 51) who refers to Damani as his 'guru'.

Mr Damani started his career as a trader in ball bearings, far from the battlefield of bulls and bears. Following his father’s death, he shut shop and joined his brother’s stock broking business, inherited from their father. Just 32 and lacking knowledge of market dynamics, Mr Damani’s only asset was his keenness to learn.

“He was not a value investor to begin with; he began his career in the stock market as a speculator,” says a Damani watcher. Mr Damani was quick to realise speculation was the not the best way to grow capital. Inspired by the legendary value investor Chandrakant Sampat, he started playing for the long term.

Often, his strategy was simple. When he bet on Indian Shaving Products (now Gillette), his reasoning was, “People will shave no matter what.” It took Mr Damani some time to gain a foothold, and several of his initial bets flopped. But he steadfastly refused to follow the herd, and concentrated on evolving trading strategies of his own.

Gradually, he began getting his calls right, and within the next couple of years he had joined the ranks of the big boys on Dalal Street. “Few players possess the kind of patience he does. But when he is convinced about any stock, he would buy his desired quantity in one sweep. And if he felt that a stock had run its course, he would dump his holdings at one go,” says an associate.

Also noted was his promptness in cutting losses. “Unlike many other players, ego would never get in the way of his booking losses,” says the associate. Mr Damani himself once said, “Cutting your losses is like performing a surgery on one arm with the other; painful, but it has to be done, otherwise the arm may have to be amputated.”

Mr Damani likes to keep a low profile. “He is not very articulate and does not communicate much, but he is a great listener. He patiently hears out everybody and never scoffs at any idea. It is a different matter that at the end of it all, he would back his judgement and instinct,” says the associate.

All along, Mr Damani made some great calls both on the long and short sides of the market. Yet, many players viewed him as a bear rather than a bull. “In India, anybody who is skilled at short selling is frowned upon, the general perception being that short sellers destroy value,” says a close friend of Mr Damani.

His limited circle of friends is said to include Dalal Street’s latest cult figure Rakesh Jhunjhunwala. Often, the market believed they hunted as a pair. Even if one of them was active at a counter, broking circles would say the duo was in it.

A string of successes notwithstanding, it was the epic battle of 1992, in which he emerged victorious, that would mark Mr Damani as a stock market legend. It was the battle with the Big Bull, Harshad Mehta.

Reining in the Big Bull

The flashy Harshad Mehta shot into prominence thanks to a daring rally that lasted the better part of 1991, only to eventually fizzle out in April 1992. Mr Damani, on his part, was bullish on the market only till February 1992. Even as the Big Bull was pumping up the shares, Mr Damani began to go short.

He reasoned blue chips had already run up a lot and fundamentals no longer justified the rally. What Mr Damani had not bargained for was the seemingly limitless supply of funds to Harshad Mehta. The market kept rising, but rather than cutting his losses, Mr Damani rode on his conviction and doubled up his short positions. “The market took off vertically between February to April, and RK was trapped badly,” recalls a veteran broker. “His losses were huge, and if the rally continued for a few more weeks, he may even have had to shut shop.”

But then, it emerged that Harshad had been siphoning off funds from the banking system and using them to buy stocks. When the scam got exposed, the market went into a tailspin. Mr Damani not only regained the lost ground, but walked away with a tidy profit.

Harshad Mehta was to lock horns with Mr Damani once more in 1998, but this time with fatal consequences for the Big Bull. Harshad now focused on three stocks, BPL, Videocon Industries and Sterlite. The prices of these shares touched dizzy levels even as the broader market fell. It was as though Harshad’s picks were defying gravity.

All the time, Mr Damani was biding his time on the sidelines. A disciple of the old school of investing, his assessment was that the stock price had run far beyond fundamentals. At the time he thought was right, he started building short positions.

Prices continued to climb and he had to square off some initial positions at a loss. But soon, signals came that the Big Bull was having trouble financing his positions. And Mr Damani moved in for the kill. He simply doubled his short positions, under the weight of which, the market caved in.

Panic set in. The prices of the three chosen stocks plunged 60%. Some brokers say exchange authorities even tried to bring together Mr Damani and Harshad for a compromise but the talks failed. “It would be wrong to say that RK’s call was motivated by a desire for revenge,” says a market watcher who once worked with Mr Damani.

“It was all about the price… He would have short sold those stocks irrespective of whoever had a bullish view on them,” he says.

When Mr Damani came to know that some small shareholders were left with positions they could not exit, he covered up a part of short positions by buying shares from these investors at a negotiated price. This was not the first time he had done such a thing. In the early 90s, Mr Damani had accumulated a pile of ACC shares.

When a payment crisis loomed, Mr Damani responded to a request from authorities and offloaded a part of his holding at a discount. He was among those probed by regulators for suspected price hammering, but was eventually given a clean chit.

Towards the fag end of 1998, the overall market sentiment began to improve. Before long, the market was in the grip of a bull run led by technology stocks, which would peak out in February 2000. RK continued to trade, but those close to him say he had already begun scaling down the number and size of his bets.

Was he preparing for a self-imposed exile from the market beginning somewhere in 2001 for the next few years? Friends say he was always passionate about retailing, but were there other factors also that influenced Mr Damani to retreat from Dalal Street?

After the stock market crash of 2001, bear operators were once again under the regulatory scanner, the allegation being that they had colluded to hammer stock prices. Needless to say, Mr Damani also figured on the list of suspects. “Like any other operator, RK made most of his money being on the long side of the market,” says a broker who knows Mr Damani for long.

“He had a finger on the pulse of the market and would not hesitate to sell short if the situation called for it. Unfortunately, his short (selling) calls attracted more attention than some of his long (buying) calls,” he says.

Some players say that Mr Damani found himself a bit out of depth during the technology boom of 1999-2000. He stuck to the classic rules of trading, short selling shares that he felt were over valued and going long on the under valued ones.

But stocks from the sectors that he had an sound understanding of, cement, automobile, steel, were out of favour. Technology was the buzzword at the bourse, and irrespective of whether those companies were making money or not, investors were falling over each other to buy into them.

And Ketan Parekh had now taken over the as the reigning Big Bull, and carved out a reputation for himself as a champion of new economy stocks. Mr Damani’s old school strategies did not work well for him in this period.

The comeback

If anyone had not noticed, Mr Damani’s right calls on Tata Steel and State bank of India made them aware of his return to the stock market this year. But this time, it has been a mixed bag of hits and misses, those close to him say. “Over the last one month, he has been as successful or unsuccessful as other players in his league,” says a Damani watcher.

It may be premature to judge the old fox when the markets have not shown a clear trend. India, like other equity markets around the world, has been volatile over the last month as a result of the crisis involving sub-prime loans in the US. It is anybody’s guess how things will go from here.

The market has also undergone a sea change during Mr Damani’s absence. The number of participants, stocks and liquidity have risen manifold. If there is greater transparency, there is also more volatility to contend with. Admirers or critics, everyone is impatient to know whether and how Mr Damani is going to pull it off this time.