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Trading Psychology
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Message Icon Topic: Who wants to be a Mungerilal? Post Reply Post New Topic
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xbox
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Quote xbox Replybullet Posted: 11/Sep/2007 at 9:12am
Kulman jee, I fail to see any image improvement.!!Cry
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Mohan
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Quote Mohan Replybullet Posted: 12/Sep/2007 at 12:31pm
Kulmanji,
THe idea has been copied from another ad in the US. It used to be for a Personal Financial Adviser firm. I forget which one.

Be fearful when others are greedy and be greedy when others are fearful.
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deveshkayal
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Quote deveshkayal Replybullet Posted: 12/Sep/2007 at 12:35pm

I knew Kulmanji will make out something out of this Ad !!!

"You don't need to be a rocket scientist. Investing is not a game where the guy with the 160 IQ beat the guy with a 130 IQ. Rationality is essential"- Warren Buffett
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Quote smartcat Replybullet Posted: 12/Sep/2007 at 12:37pm

Nirmal Bang. What a weird name and what a 'weirder' ad. I bet the adman was having Bhaang when he sat down to write the creative.

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Mohan
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Quote Mohan Replybullet Posted: 12/Sep/2007 at 1:22pm
Originally posted by Mohan

Kulmanji,
THe idea has been copied from another ad in the US. It used to be for a Personal Financial Adviser firm. I forget which one.




Got it. Used to be Morgan Stanley.

Check out this spoof that SNL did on it.
Click on this link and play the winamp media file in the center of the page.

http://wallstreetjackass.typepad.com/raptureready/2005/10/more_than_a_bro.html


Edited by Mohan - 12/Sep/2007 at 1:23pm
Be fearful when others are greedy and be greedy when others are fearful.
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kulman
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Quote kulman Replybullet Posted: 12/Sep/2007 at 8:27pm
Thanks Mohan jee for that link to a spoof on M-Stanley!
 
 
Life can only be understood backwards—but it must be lived forwards
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kulman
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Quote kulman Replybullet Posted: 02/Oct/2007 at 1:12pm
On the occasion of Gandhi Jayanti markets are closed. Two Laal freinds met over glass of beer & brunch. Here's the slice of their conversation.....
 
MungeriLal: "Kyaa haal hain? How are you?"
 
SambhadhLal: "Well....I'm just okay. But I'm Short Futures since quite sometime."
 
MungeriLal: "Yeah. Last time you were talking of imminent US recession based on inverted yield curve, credit market crunch and many other factors. But Dow hit all-time high last night!"
 
SambhadhLal: "You see Mungeri, markets behave irrationally for some time."
 
MungeriLal: "Hmm....so you say that irrational behaviour explains the current situation then."
 
SambhadhLal: "Now I'm working on a system...a formula. Have you got a calculator?
 
MungeriLal: "Naah....but wait... I have calculator function in my mobile phone. But why?"
 
SambhadhLal: "Great!....Just carry out these calculations.....here we go....(14100+62000++28000+3800+2000)/1750......how much is the answer?"
 
MungeriLal: "62.8...but what are all those numbers?"
 
SambhadhLal: "The numerator has the total of major indices i.e. Dow+Bovespa+HangSeng+S'pore+Kospi and the denominator is S&P500........okay now multiply the result with Nikkie top of 40,000. What do we get?"
 
MungeriLal: "Hmmm.....2.512 Million! But what's all this??"
 
SambhadhLal: "Just wait....now divide it by (80+750) which is total of Crude and Gold..."
 
MungeriLal: "We get approx 3,026"
 
SambhadhLal: "Now multiply by 1.42 which is Eur-USD rate. What do we have now?"
 
MungeriLal: "4,296"
 
SambhadhLal: "Now....do 1.98 (GBP-USD) times 3,026."
 
MungeriLal: "5,990"
 
SambhadhLal: "There you go my friend......Nifty will be in the trading range of 4,296 - 5,990 at least till Diwali of CY2008"
 
MungeriLal: "Hmmmm....now I realise how markets behave irrationally!"
 
SambhadhLal: (raising glass of beer)  "Cheers !!"
 
 
 
Life can only be understood backwards—but it must be lived forwards
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xbox
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Quote xbox Replybullet Posted: 02/Oct/2007 at 1:17pm
Kulman jee, address bhjo..today is dry day, if they are consuming liquor, then they should be long in jail.Ouch

Edited by xbox - 02/Oct/2007 at 1:18pm
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