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Showing posts from October, 2008

The Monks and The Girl

A very good story that I read on Pranav's blo g Two monks, Tanzan and Ekido, were once traveling together down a muddy road in a heavy rain. Coming around a bend, they met a lovely girl in a silk kimono and sash, unable to cross a large mud puddle stretching across the road. "Come on, girl," said Tanzan at once. Lifting her in his arms, he carried her over the mud. Ekido did not speak again until that night when they reached a lodging temple, then he no longer could restrain himself. "We monks don't go near females", he told Tanzan, "especially not young, lovely ones. It is dangerous. Why did you do that?" "I left the girl there", said Tanzan. "Are you still carrying her?" .... Good one. It speaks about the useless baggage that we carry in our mind which more often than not makes life less exciting. Easy to preach but tough to practise.

What Is Short-Selling

What Is Short-Selling? There are two kinds of short-selling. In the spot market, Party A will borrow shares from Party B and sell them in the market. ‘A’ will then buy an equivalent number of shares and return them — known as giving delivery— to ‘B’ How Do They Make Money? Let’s say Party A borrows shares when they are quoting at Rs 130 each and sells them at Rs 120. Suppose the scrip price drops to Rs 80, ‘A’ can now buy back the shares at that level. He returns the shares to ‘B’ along with a lender’s fee, and pockets the difference. But he runs the risk of incurring a loss if the share price rises instead of falling Futures Market Party A sells shares to Party B without owning the share. This is known as naked short-selling. ‘A’ simply has to deposit a margin, which could range from 8%-30% of the share price. Later, he can buy the share and ‘square the position’ before the last Thursday of the month. He can roll over his position for three months. Short-selling thus puts pressure on ...

माझ्या लहानपणीची दिवाळी

माझ्या लहानपणीची दिवाळी सध्या इथे कॅल्गरी मधे Halloween चे वातावरण आहे . सर्व दुकानांमधे Halloween चे पोशाख , sweets आणि इतर खाद्य पदार्थांची लयलूट सुरू आहे . तिथे भारतात दिवाळी सुरू असेल . लहानपणी आम्ही मूले दिवाळीची खूप आतुर तेने वाट पहात असायचो . आमचे मनसूबे तयार होऊ लागायचे terminal exam पासून . शेवटचा पेपर दिला की वाटायचे ," Yes ! I am now ready for Diwali ." मात्र आमच्या teachers चे टार्गेट वेगळे असल्यामुळे ते आम्हाला Vacation Homework किंवा P roject द्यायचे . मग मनाशी आम्ही आमचे टार्गेट fix करायचो की homework / project शेवटच्या चार दिवसात करू . एकदा हे नक्की ज़ाले की मस्त वाटायचे . Now I was ready for Diwali . दिवाळी मधे नवीन कपडे आणि फटाके याचे मोठे glamour असायचे . मित्रांच्या Social networking मधून समजायचे की यंदा नवीन फटाके कुठले आहेत . मग आम्ही एक लिस्ट तयार करत असू . कुठल्याप्रकारचे किती फटाके घ्यायचे ते . मग ती लिस्ट आई कडे द्यायचो . दोन ...