often
i stumble across guys
who passionately tell me
that they too
have been in the "share market"
"once upon a time"
and
they left it
after failing
repeatedly
and big!
--
i am yet to find
a single person
who said
"i quit after losing once!"
--
warren buffet
must be a genious
for having figured it out
at the age of 14
that
"nobody ever goes home after the first race!"
--
it is trader psychology
to keep trying
again and again
if they are losing!!!
alas, if only
they tried differently everytime
and with improved method!
if only,
they sensed
what they missed
in their very first defeat!!!
Tampilkan postingan dengan label Warren Buffet. Tampilkan semua postingan
Tampilkan postingan dengan label Warren Buffet. Tampilkan semua postingan
Jumat, 11 Februari 2011
Minggu, 06 Februari 2011
who will bear the cost?
66 years ago
a 14 year boy
filed an income tax
of $7 !
not just that,
he had deducted
the cost of his wrist watch
and bicycle
as
business expenses!!!
even this boy
knew
that in job
first you pay income tax
and then bear all the expenses
whereas
in self-employment
you deduct all expenses
from gross profit
and pay tax
on the leftover!
--
the boy?
warren buffet!
a 14 year boy
filed an income tax
of $7 !
not just that,
he had deducted
the cost of his wrist watch
and bicycle
as
business expenses!!!
even this boy
knew
that in job
first you pay income tax
and then bear all the expenses
whereas
in self-employment
you deduct all expenses
from gross profit
and pay tax
on the leftover!
--
the boy?
warren buffet!
revenge and forgiveness
have you ever taken revenge?
do u believe in revenge?
or do u believe in forgiving?
--
if u have ever taken revenge
do u remember the end result?
didn't it make u feel even worse?
--
and do u remember
how u felt
when u forgave
and moved ahead
to spot the lesson
only to take
your kind of sweet revenge
differently
and
very effectively!
--
then why do we get bitter
why do we go after the market
to take revenge of the loss
then and there?
and in the process
expose ourselves further
losing bigger
and bleeding more!
--
instead
why don't we acknowledge
the defeat of the moment
take the lesson
forgive
and retreat
with a resolve
to improve
to take our own sweet revenge
our way
on our day!!!
--
in the words of
warren buffet
"you don't have to make it back the way you lost it!"
do u believe in revenge?
or do u believe in forgiving?
--
if u have ever taken revenge
do u remember the end result?
didn't it make u feel even worse?
--
and do u remember
how u felt
when u forgave
and moved ahead
to spot the lesson
only to take
your kind of sweet revenge
differently
and
very effectively!
--
then why do we get bitter
why do we go after the market
to take revenge of the loss
then and there?
and in the process
expose ourselves further
losing bigger
and bleeding more!
--
instead
why don't we acknowledge
the defeat of the moment
take the lesson
forgive
and retreat
with a resolve
to improve
to take our own sweet revenge
our way
on our day!!!
--
in the words of
warren buffet
"you don't have to make it back the way you lost it!"
Jumat, 04 Februari 2011
noise
does warren buffet watch business tv channels?
yes and no!
yes
because he is fond of watching
cnbc.
no
because he keeps the sound muted!
the scrolling strip at the bottom
keeps feeding him
"news"
on a conveyor belt
from which
he picks
what he chooses
uninfluenced by
noise!
yes and no!
yes
because he is fond of watching
cnbc.
no
because he keeps the sound muted!
the scrolling strip at the bottom
keeps feeding him
"news"
on a conveyor belt
from which
he picks
what he chooses
uninfluenced by
noise!
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