Friends,
I have been dealt with lots of arguements whether there is something like LUCK or not....my previous post was on that.
I am believer of LUCK which I have written in this post as well......
I have brought two incidence here ...........which I have written here.....if anyone have any arguements , counter arguements please do write but please read each and every sentence properly and then answer.I don't wants arguements which are incomplete......
Read both the instances properly.......they are true.........
One of my relative were living at a place near to Pedder Rd for years in Mumbai.
There was some flats building taking place at Peddar Rd but his flat was so big with 4-5 bedrooms that in no way he needed a second one and hence he didn't book any nor he has money to pay thereafter.
But one Dalal use to come everyday to his house and stand in his living room daily around 9 am and after speaking "Saahab ,give Rs 5000/- and my Uncle use to say I am not going to give"......and after hearing that that man use to leave his house.
Then same thing use to happen dsaily and daily my uncle will say same thing and he goes back empty.One day my Aunty asked my Uncle why this man is coming to their house and why he is asking for money and why you are saying NO?
My uncle explained to my Aunty that he is a Dalal and he is here for money to book a flat at certain place and he wants me to have one.That Dalal says "I wants you(uncle) to have a flat where he is dealing."Means Dalal is keen to sell or book a flat for my uncle......Dalal was telling him "ek bar booking ka paisa dedo then rest of the money you pay as you get"
Well, the real thing to note is Dalal kept coming to his house untill he got the money.....what will you call it?
My uncle never intended to buy a flat anywhere then in Mumbai but Dalal kept on coming.Ultimately my Aunty said to my uncle "Give him Rs 5000 so that he atleast stops coming and sitting on our head daily"Usko panch hazar dedo aur chotkara karo us se...
And my uncle gave Rs 5000 and stopped him coming and ultimately that flat fetch him 2cr as the prices went skyhigh....after paying for the full amt when it was needed....
Now what can be said of this ?Luck or calculation or planning or what.....I call it a LUCK......paisa milne wala tha ....mila ....I believe in LUCK...
This is a true example and not a story.....You may believe it or not.......
I remember one more incidence.......
This is also true......
Ashokkumar was a very great and very famous actor.Those who are old as much as over 50 yrs should be knowing what populairty AshokKumar had .....if not then one can ask their father or grand father.........
Ashokkumar passed his B.Sc and came to Mumbai as he didn't get any job and his brother-in-law , Shashdhar Mukerjee called him to Mumbai as he told his Director and Producer , Himanshu Roy that he has a Sala(Bro-in-law) who is B.Sc and needs work and Himanshu Roy was fond of employing person who are graduates.A graduates in 1930's had great value then.......and that is how AshokKumar got a job through his Banevi(Bro-in-law)....
One day what happened , the Hero of the film didn't turn up and didn't come the next day as well.Dir Himanshu Roy went mad and he suddenly saw Ashokkumar and he said he will be my Hero of this film.....and he called Ashokkumar and told him that he will the Hero of his next film...........
If anyone would have heard this he would have gone mad that he is becoming Hero......but Ashokkumar never wanted to become a hero.......remember he never wanted to become a Hero of a film......he was not willing ........so what he did?He went to a Sallon and shaved off all his hair and become bald so that Himanshu Roy drops him as a hero and select someone else......and he went with a bald head to the studio...........Lol.........Any other director would have selected another person as a Hero but Himanshu Roy said........I will wait for his Hair to grow.......and ultimately Ashokkumar had to become a hero against his will.......AGAINST HIS WILL.......
and then Achut Kanya become a HIT ...his first release and then followed Kagan, Badhan, Jhula....and then FILM "Kismat".....which make a record which was broken only by Sholay after many decades.......running in theatre.....
Can anyone tell me what can be explained for this incidence ..........though Ashokkumar never intended to become a Film Hero he was taken in by force......no intention ever....and his popularity was far far bigger then Rajesh Khanna or recent Amitabh Bacchan.....now......
I am a great believer of LUCK.............
I can give numerous examples....like this ..........
Views invited.......Read each and every sentence properly and then give answers.......
Rajeev,
ReplyDeleteEven me believe in luck, but it will be 'luck' only when we look through our perspective. If u see the first story, for the Dalal it was a very clear business proposition (Not Luck or anything) only thing was that for him your relative was the only person who might give him money.
About the Ashok kumar story, if we look from the side of Himanshu Roy , he might have his own reasons to cast Ashok kumar.
I had once bought RPL at Rs 210. I would have been 'lucky' if I had sold it at 260. But I did not, as I know absolutely nothing about the market.
so I think being lucky is just about perspective.
Dear uno,
ReplyDeleteYou say the first story was business proposition but my uncle never wanted to buy any house....that is the bottom line...why that Dalal didn't go to other clients and only him and persisted to have booking money?Explain me this.....
In second story , you say Himanshu Roy wanted Ashokkumar as a Hero as he must have seen something.....but Ashokkumar never wanted to become a Hero.....still he became .......explain me that....
That is why I have written read both the instances properly ...you are talking with one side of the coin...
In both the above cases the person who got the advantage never attempted to get successful or never intended to go for it.....
We say many time one needs to have the WILL and ready to do the hard work and success will be there....
here we are seeing none intended for anything and success came in their lap....
Hi Rajeev,
ReplyDeleteSujana Towers has declared very poor results. Do you see any reason why profit has dipped so much? I see a increase in Raw Material cost from 80crs to 99crs? Why there is such a increase in cost when every commodity is down in last 3 months.
Can you give us few more thoughts about company? I have invested around 250 shares at 110. What do you suggest now?
Thanks
siva
Dear Rajeev
ReplyDeleteYou have given multibagger's list earlier. Considering the current economic scenario, has any change in that list. Or any good company's names are included. If so, please inform us.
Regards,
Jayapal
Dear Shiva,
ReplyDeleteI still like Sujana Towers.The results are poor but still I like it.
It is worth holding and adding or averaging.....
Due diligence is a must.Take your own call.I can't say how long the slow down will continue...so no guessing when it can move...
Dear Jaypal,
ReplyDeleteI can only say that whatever I have selected are worth buying or holding.No chnage in that.
Prices can still go down from here.
FII's are selling stocks which they bought at 200 , at 20....so there is still some distress selling from FII as well.
One stock I like other then listed is Apar Ind...Promoters are buying.Just a few days back I saw that promoters bought around 4 lacs shares around Rs 78.Apar Ind can still go down below 50 or even 40......
A very good stock for LT with good fundamentals.Sales turnover is Rs 2500 cr and stock availabke at just 210 Mcap at cmp of 78....if it goes down then it is worth a look...very sound fundamentals.....
BTW, Madhucon Project came out with another excellent result.....
Worth a look at it as well...Maytas loss is gains for other Infra stocks liek Madhucon Pro, JMC Pro etc....
Rajeev,
ReplyDeleteAny comment on BALASORE ALLOY?
Dear OM,
ReplyDeleteI already posted it on 30th Jan,09.
Seems you missed it.
Copyimg it here:
"Dear OM,
I like Balasore Alloy and if I do not forget I also recomended once here.
It has given great results in Sep qr but need to be seen how the next2-3 qr follows.
It was 5 paid up and now 10 paid hence at Rs 11.54 it is worth a look.The only concern is the slow down of world economy and in perticular China the major comsumeer of Steel and steel products.
But according to me world economy is going to get back on rail sooner then the experts and analyst are thinking.
One can add in staggered manner as the managenment is dynamic and they are also having expansion plans and also venturing in Mines in Brazil.....
Seems a very good value pick at Rs 11.50....
January 30, 2009 11:33 AM"
Dear Rajeev,
ReplyDeleteThanks for your reply.
Regards,
Jayapal
Thanks Rajeev for putting down your valuable information on Balasore Alloy.
ReplyDeleteThanks rajeev for your valuable comments
ReplyDeleteSiva
Luck has many ways of showing up and even when someone says they believe in it or don't there is a 'version' of that 'factor'that they are believing in.....
ReplyDeleteMy Dad for example was called Lucky by many people, by being at the right place at the right time for multiple decades. After talking to him and looking deeper, it was not luck, it was his 'opportunitistic' attitude that brought him to that place with his investments in real-estate, stocks, lending-money and job. His story is much like the broker stopping by since all my childhood I saw people visiting him everyday from 8AM to 10AM, then he visits the bank, and then he goes to downtown to visit his invested-companies. All of this was done on such a massive scale starting with Rs800 in 1954, that there were MANY MANY successes (but there were many many small failures). For 10 Multibagger Investments (in all asset classes), he had 1 not making it. But, no one knew that one.
My wife's uncle is a big shot in Gandhidham, and he has the same 1 in 10 losers and 9 in 10 winners, but in his circle he is called 'lucky'.
Luck is defined as the 'Hand of God'.....That was my Dad's best saying, and he always said that if you have faith, do the right thing all of you life, and don't expect the miracles in the short term, you will see Lady Luck.
So, there's my story of belief (in my own way).....
KKP
Have you ever seen a successful person talk about luck/unluck?
ReplyDeleteOnly unsuccessful person keeps dwelling on luck/unluck, since they have to find something or someone to blame for their failures? Also unsuccessful people don't have balls to accept that they didn't do enough. Instead they keep looking for vague "luck" factors in successful people without knowing lots of other factors like hard work, persistence and on and on..which made them successful.
The Ashokkumar story (about cutting hair, etc.) seems to be bogus. How do you know what exactly happened 70-75 years ago? Your source of the story seems to be a unlucky loser as well.
Take a look at this video. He doesn't talk about luck/unluck.
http://www.youtube.com/watch?v=EsxpGTVAgI0
The more mentally disabled one is, the more they believe in luck.
I will only write here that almost all the SUCCESSFUL people has said at one time or other that they were LUCKY.
ReplyDeleteI have scores of examples of saying successful people like that.I would not like to give the names but there are scores of successful people who has admitted in public in either Media or in books that they were and are lucky to be so successful.
I need not answer this as I know who you are but still have the manner to answer your question in a good way.I know you do not believe in LUCK.
And remember by taking the name of that UNlucky person you are directly taking names of my loved ones and hurting me ,as you know whom you are reffering to....Keep away from doing that...