Please remember that this site is being closely followed by many. In that event it becomes imperative that we maintain the quality of discussion. We used to have a lot of fun in the Mungerilal thread but all those references were arbitrary but something that is happening these days is simply trying to create an impression of being "over smart".

I consider myself as minnow in this market and always take that real threat that suppose if one member were to file a suit against another through the IP address (which is captured inn the forum database) or vice versa just imagine the kind of problems it would put the defendent  into.

As a moderator I have made my position clear but I would certainly not like anyone to be picked up for a casual non-serious remark.

Try to understand why these things are happening. All of us need attention and in that bid to grab that attention I start writing "Axis Bank up 7% today!!!" etc and an informal group erupts where the other guy compliments me now when Mind tree goes up I complement him and this erupts into a series of to and fro compliments.

Somehow I find it too childish and immature. When I introduced PRIL and TV18 to TED a year ago many people questioned by wisdom now after having made 3 bagger in 14 months since recommending I have  never gone into the game to try and bring the previous posts in order to ridicule the person who made a remark when I had started that thread.

And the reason for not doing this is that this is an endless game. It is not constructive and does not improve my wealth or my knowledge and if there is something that is not benefiting me directly I would not do it.

Another problem in the internet world is as one new member mentioned today there is no accountability or credibility so if I am replying to  a post to "XYZ" I really do not know who "XYZ" actually is. It is like talking with your shadow. Either he  could be a fund manager or a person with a portfolio size of Rs 10,000 but in either case he will try and create a picture that he has won the battle if his stock goes up 10%.

My limited experience tells me that in this market:

1)    People fight with people on opinions and anyone who fights personalities is exhibiting a sense of despair or hopelessness or maybe if I use the word "jealousy."

2)      The ones who hold big quantities never disclose their extent of holding and if someone walks up to you and says that he holds 25,000 shares of yes Bank be sure that he owns only 200 shares.If someone tells you how rich he is or his family is replace the word "rich" with "frustated". - Shiv Khera

3)      The ones who make money do not like to discuss about their money 

4)    The ones who are crorepatis are more interested in the process then the product.

5)      I have picked up lacunas in a lot of companies (Educomp) was one of them and continues to remain so but each time I backed my allegations with evidence.

6)    I have always questioned opinion never questioned integrity some exceptions that come to mind are:

a)      Mathew Easow where I was commenting on the basis of the SEBI order

b)     Chatlal when he had recommended GE Capital and I had written on the forum a few weeks prior to his recommendation that this is a diwali pick from one of the experts. At the times of my writing on the forum the stock was at Rs 55 and it was recommended at Rs 90.

c)       First couple I question them even today because they are not stable in their opinions.

Maybe this was an unnecessary post in its length but I just wanted to explain the kind of thoughts that are going through my mind.