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PrashantS
Senior Member
Joined: 14/Oct/2006
Online Status: Offline
Posts: 1294
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 Posted: 17/Mar/2008 at 3:15pm |
well it is like panic makes people do lot of thing s and that is what is happening investing in India has still to grow in the years to come
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bharti
Senior Member
Joined: 25/Dec/2007
Location: India
Online Status: Offline
Posts: 262
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 Posted: 17/Mar/2008 at 3:47pm |
its human behavior......in upwards rising markets there is panic to own at any prices...in falling markets, there is panic to sell at any prices! I don't think its specific to India...
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vincent
Groupie
Joined: 16/Jun/2007
Online Status: Offline
Posts: 83
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 Posted: 17/Mar/2008 at 7:09pm |
HDFC Bank, DCM Shriram tie-up to offer rural banking services. source : here
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Time is your friend on the road to wellbeing.
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kulman
Senior Member
Joined: 02/Sep/2006
Location: India
Online Status: Offline
Posts: 9319
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 Posted: 17/Mar/2008 at 8:04pm |
Originally posted by kaushalchawla
I am sure after this subprime crisis, which is still unfolding, the definition of risk will be refreshed/revisied in the minds of all business decision takers and this episode will be included in their textbooks for long time to come. |
Sure it will be done as they did with previous episodes of Saloman, LTCM etc etc.
And in the times to come the investment bankers & corporates will find new ways of losing big money.
One good thing about those MBAs is that seldom they will repeat previous mistakes but they are very very innovative in making new ones.
This solves one mystery why those foreign iBanks prefer IIM grads.....for their innovation.
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Life can only be understood backwards—but it must be lived forwards
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Musketeer
Senior Member
Joined: 12/Feb/2008
Location: India
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Posts: 310
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 Posted: 18/Mar/2008 at 2:21pm |
Thats a very stirring thought: that HDFC Bank has never traded at such low valuations historically. But I'm controlling myself and staying put for now, I've been constantly putting money @ 1500, 1400, 1200 levels and now I think I'll invest only when there is enough fuel (pessimism - according to Kulman ji), waiting for HDFC Bank to come down to 1000. If it doesn't I'm happy to have made the lowest purchase at 1200.
Oh and to avoid being picked on (which is rampant these days in some forums here), if it drops even below 1000, I'll be happy to have made my lowest purchase at 1000. Further below that, I'll just sit tight.
Edited by Musketeer - 18/Mar/2008 at 2:25pm
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Be fearful when others are greedy. Be greedy when others are fearful.
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Musketeer
Senior Member
Joined: 12/Feb/2008
Location: India
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Posts: 310
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 Posted: 19/Mar/2008 at 7:49pm |
Basant Sir, eagerly awaiting your write-up on HDFC Bank.
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Be fearful when others are greedy. Be greedy when others are fearful.
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basant
Admin Group
Joined: 01/Jan/2006
Location: India
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Posts: 18403
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 Posted: 19/Mar/2008 at 7:52pm |
I would use the holiidays to some good effect.
Edited by basant - 19/Mar/2008 at 7:53pm
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'The Thoughtful Investor: A Journey to Financial Freedom Through Stock Market Investing' - A Book on Equity Investing especially for Indian Investors. Book your copy now: www.thethoughtfulinvestor.in
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gopal
Senior Member
Joined: 26/Jan/2008
Online Status: Offline
Posts: 913
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 Posted: 19/Mar/2008 at 8:02pm |
Originally posted by basant
I would use the holiidays to some good effect.
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No prb Basant jee
we will wait for write up but also do add or give your views on Axis bank future versus HDFC bank ..... since there is still some news on this forex thing that we are unaware of I think that during closing AXIS bank fell real hard .... what could the pain still be in banking sector generally ...
thnx
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Women are like the stock market Coz they're irrational n can bankrupt u if u're not careful
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