Tuesday, March 29, 2011

Another Thanks...

Thankful that I don't already have everything that I desire. If I did, what would there be to look forward to?

Thankful coz I don't know everything, for it gives me the opportunity to learn.

Thankful for the difficult times. During these times I grow.

Thankful for my limitations, because they give me opportunities for improvement.

Thankful for my mistakes. They teach(mind it-its not taught) me valuable lessons.
(coz I know I'll make more mistakes and they'll teach me more lessons)

It's easy to be thankful for the good things.

A life of rich fulfillment comes to those who are also thankful for the setbacks.

Finding a way to be thankful for my troubles,as they can become my blessings...

Sunday, August 29, 2010

Ek choti si "Finominal" story..

I know i have not posted for some(rather long) time , and this is not my post either. But this is something which i could not resist putting on my blog.

courtesy SIDDHARTH CHATTERJEE

An Autobiography of a Equity Share:

Hello Fellas!!!....I, an Equity Share, has got an opportunity to recall my journey of stardom of highest volume churner to addition in the elite F n O list and then going further to become an almost permanent member of "The Nifty 50 ".

Well to start on a philosophical note, ‘our life has been like a Stock Market’.

Sometimes, in life, we have Bull Run - where everything looks bright, positive and with a Midas touch; but also at times Bearish Trend sets in -where we could not able to find a way out. Otherwise, life is like a range bound script only making intermediate highs and lows.

This tumultuous journey of life had its inception a by ‘joint partnership’ between two people. This joint effort became my birth place and these partners become my ‘parents’. Their pertinent planning, hardwork and timing finally results into bringing a new company into this fiercely competitive world, which was me.

My initial days were tough and we have to take help from ‘Group Companies’ for my proper grooming, who later become my ‘family members’. I grew up gradually and with passing time met my ‘first teacher’ in form of an ‘Angel Investor’ - who thought I have a very bright future ahead. He contributed his knowledge; money and expertise to aid me grow better. We in life always tend to remember our first teacher in life and he was a savior to me.

He, alongwith my parents took me to ‘school’, where I found lot of other teachers who were sharing a limited liability partnership between them. That was my entry to ‘Private Equity investors’. I spent a long time, my adolescence and my teen years under such experts who also inculcate in me their management know how and professionalism.

Then came the biggest turning point of my life when my Gurus felt I was grown up enough to face the cruelties of the outside world- Initial Public Offer.

Just thinking of the IPO process sent chills down my spine. I spent many sleepless nights thinking about how the public who is seeing me through the eyes of my financial statements’ performance only would react. The fear whether they will accept me or reject my existence was eating me away. My Gurus tried their best in introducing me to various people so as to make my struggle in this world less painful.

Then, finally the D-day comes when I was about to get listed at the bourses.

But believe me; proving all my anxieties wrong, my placement to ‘public’ was well taken. Infact I got oversubscribed by more than 100 times!! My acceptance brought tears into the eyes of my joint partners-my parents.

The Indian Stock Market was also at the onset of a Bull Run at that time. And certainly as per the lines of ‘Summer of 69’- those were the best days of my life.

Whoever met me got impressed and felt I am a sure-shot success for this market.

I had my days of closing in upper circuit for almost 15 days- so to sum up my transformation from primary market to the hands of secondary market was phenomenal. Everyone in their heydays expects accolades and appreciation for their work and I was no different. My exertions were rewarded not only by words but better P/E ratios and investors were willing to pay more than my earnings capability. I was elated, confident and satisfied about my performance and with life.

So my parents thought it was good time to move me to the next phase. My parent alongwith ‘the Board’ whom I consider as ‘marriage counselors’ got envy of my huge and growing stock price. Board approves my ‘stock-split’ which was no way less than a ‘marriage’ because like in every marriage, my Earnings (per share) also got halved this time. And the show off which I could garner as a Bachelor had been deprived off because; now; my ‘share price’ was also half of its previous value. I was proud of my value, read ‘book value’ (per share), which was also got same treatment. Nobody understands the agony of stock-split for an Equity Share.

But as success finds its path in its own unique way I also left no stones unturned to regain my status of high price script very soon reached the previous highs. The path to reclaim heights was amply supported by the market Bull Run I was referring earlier. The ‘Midas touch’ was actually working then and took me into the world of unrealized dreams. I found, a place in the sun, when tagged as one of those Bluechip companies. By leaps and bounds, I entered the FnO list and make inroads to Nifty 50 list in a short span of time.

When in life also we are in Bull phase we tend to ignore and disrespect many mistakes and at times take decision in haste.

I also jumped into the bandwagon which was headed to fools’ errand. I started playing too many new tricks of which I was master of none. I spread wings too thin and could not hold on my flight. The tables are gradually turning but I could not interpret the admonition. In my own dream world I was riding the crest on a wave.

I grew greedy; which by nature is always too little, and this Greed was no good, unlike Gordon Gekko.

At the same time my parents declared to have ‘kids’ i.e. ’bonus shares’ which further put pressure on my ‘earnings’ (per share). I exhausted almost all my savings to retain the front runner.

Then the inevitable happened. The Bull Run which I mistakenly assumed to be perpetual turned out to be a ‘bubble’, which had already burst by now.

The last few ventures were proved to be too risky and the latest corporate actions were good enough to make me fall on own sword. The market was entering into Bearish trend and how long this ‘amawashya’ would last was nobody’s guess.

My carelessness in selecting businesses and overlooking basic business fundamentals blew up on my face and once again I was leading the pack but this time it was downhill all the way. Nothing seemed to work my way and all efforts seems to wither on the vine.

But I managed to sail through the tough times with discipline and grit and caught in the trading range where my upper limit is capped and lower limit is covered. Nonetheless, now after facing all the music I am a changed man. I understand my core competencies and hope to make a comeback to steal the show in brisk yet measured manner.

______________________________

Friday, February 5, 2010

Monday, January 18, 2010

The first six months of MY MBA

I was reading-"keep of the grass(karan bajaj)" and that's from where i got an idea to write such a post.I have written this post under different sub headings, starting with ...

Academics/Studies:-I'm done with two trimesters and the third has already started,so down with 14 subjects-some of which i was familiar with like FSA(the grade in which i believe screwed my gpa),others like mathematics for finance(which i never wanted to study in my life again after 12th...but had to),some were fun like VALUES,some were(are) definitely not fun like corpfin...,some were good learning like microeco & macoeco...but in all a very good experience.Also the result for the first trimester has come out-i scored a gpa of 3.25 with which i'm not satisfied...maybe or rather definitely i need to put in a lot more effort.Still in a dilemma of whether to appear for june cfa or not....
Assignments/projects/presentations- in almost every course we were required to work in groups on various projects,assignments and presentations. got good feedback most of the times,also got negative feedback from my law teacher who said that i'm bad when it comes to presenting, learning- maybe i should work harder on cramming/rehearsing my presentations.(thanks for the feedback sir- i really value that)

Other non academic activities-little on this front,in fact fahranhiet was the last major thing...but i've been trying like i appeared for the selection interviews of three cells/committees-placecomm,SRF and finomenon,but couldn't make it to any of these,i have also been appearing for online quizzes/games etc of various management institutes but....wait i made it to the finals of IMNU'S treasure hunt but i didn't go there thinking it wouldn't "add to my cv".

Summers/internship-till now i've applied to 35 odd companies,got a chance to sit in the process of few of them but couldn't convert them,also appeared for my first ever job interview(Mastek)-couldn't convert it either.But still i have hope-and this hope comes when i see my roommates and placecomm members bora and gupta working hard-very hard indeed.So looking forward to the coming days.......

Health-well i've lost around 8 kgs in the last six months,coughs and colds keeps on coming and going.I might have got dengue as per a doctor(he gave me 15 tablets to eat that day)-bullshit....and i was on the verge of slip-disk, took bed rest for 3 days, once got an eye infection and also got my knee operated for taking out the fluid clogging- an allergy-which i believe was the result of those 15 tablets.BUT THANK GOD-while i am writing this i don't have any problem.

Bollywood/music- this is one of my interest i've not missed onto.I've listened to every big bollywood movie's music...watched most of the much awaited movies-thanks to a theatre like chandan-this single screen economical theatre is like a blessing in disguise for mba students who have limited sources of entertainment. Also got a chance to see Rajat kapoor's play-Hamlet which was very good.

food/eatables:-yahan din shuru hote hi idli-wade shuru ho jate hain aur khate raho unko raat tak-milte rahenge.I think our hostel mess is the best when it comes to staple and economical food amongst various SVKM's canteens.Though i can get everything nearby but....woh mummy ke haath ka khana..woh dal makhni,woh makki ki roti/sarson ka saag, woh gaajar-shalgam ka achar,woh amritsari kulche/ woh dhane di kachoriyan,woh narayan das wade-samose wala,woh uncle-pakorewala ke pakore,woh bmc wale ke golgappe, woh lassi........i missed these things a lot.....ya.....also got a chance here to eat at 2 five star hotels-Hayatt,Trident and got a chance to visit The Intercontinental.

Other/Misc.----experiences/ejoyment/fun
Attending lectures at almost every class in NMIMS building-20's, 30's 40's-old building and 7 series, eight series, 9 series-UPG building was fun,waiting for the lift is fun,dhakke in the lift is fun,Quad was fun,vada pao is fun, chai-cutting is fun, looking down from 9th Floor of UPG building,20th nd 30th floor of some other building was fun, looking up at scyscrapers is fun,mumbai's locals and locals' stations are fun,mumbai's rains were fun ,Ganpati visarjan days were fun,visiting Durga Maa pandals was fun,going to Mukteshwar temple,ISKCON temple is fun,going to Sidhivinayak temple is fun,going to Shirdi -and-Shani mandir was fun,listening to "karma" song at 3 am in the morning(on way to Shirdi) was fun,wearing saffron lungis was fun,eating pizza in a moving bus with glass full of ketchup in one hand was fun,room no 29 is fun, mosquitoes there are fun, cat and kittens outside room no 29 was fun,jaldi na sone ki gandi aadat padna is fun,all hostel watching a match is fun,eating at the mess is fun,mukesh patel's crowd is fun,masala mantra was fun(the day we were searching something really economical),piza -hut was fun(jis din ashish ka pizza khane ka dil kara),centre for capital markets and it's classrooms are fun,walking down the irla road,sv road, vl mehta road is fun,washing clothes is fun,ceejay tower(credit suisse) was fun,worli sea face was fun.......
30hrs journey from mum-jal via rail is sometimes fun......
missing Goa trip was not fun........
fighting with bora was not fun...........things are better now is fun.....
staying away...missing my family and friends in jalandhar is not really fun.......

Saturday, October 31, 2009

London Dreams: Movie review


It's after a long time that i am posting........ and it was also after a long time that i was so much interested in watching a movie-London Dreams, reason-the trailers were very promising and so is the movie.--4/5 stars...here's my review.

STORY-story's good,even though on an old plot of bachpan ke dost..ek popular ho jata hai...woh doosre ki help karta hai...ladai-jhagda(dono ko ek hi ladki se pyaar
).....---happies endings....
..that's all about story plus it revolves around music.

music-i didn't like the music before watching the movie but now i like it...all songs in the movie are situational--lot of them --1-2 para each and since it's a musical so the songs don't look boring.
good one's-barso re(Hanuman chalisa-remix) , jashn hai jeet ka
best-khwab ko raag de.

acting/cast
-ajay devgn(that's how he has spelled his surname)done-good work,justice to his role..though doesn't look like a rockstar.
salman khan-completely looks like a rockstar but...his acting as a punjabi is not good(weird accent)--and i think that's the kamzor kadi of the film.....only reason u can miss this one for.
Asin-didn't had much to do..except for dancing...looks beautiful(i'm in love again---sorry zota(he is our CR and also thinks that she looks hot (read good) in the movie.))

direction-vipul amrutlal shah has done a great work again with word "london"-his last direction namaste london.

so highly recommended

also looking forward to some other good movies(besides a lot of other things to do) lined up these mumbai winters .

Tuesday, September 1, 2009

Being...THE undisputed champion of dumb-c...


Today i along with shobhit and yashveer (our team representing cap-marks)..won dumb-c,a sub-event in the NMIMS annual event-FAHRENHEIT .The event started with 63 teams from 9 divisions...one team going forward from each division-obviously it was ours....then from 9 to 6....and then from 6 to "BEING THE UNDISPUTED CHAMPIONS"--guesssing all 6 movies in the finals.......list of the movies we guessed right from stage 1--dharm,phir bhi dil hai hindustani,the movie that won maximum number of oscars in 1997,mughal-e-azam(given-pagal-e azam),zindagi ek jua, body of lies(body of flies), the hangover(flyover) and the men of honour......


update-2nd sept....capital markets won 2 more events-dance and collage....overall position 3rd.....

but the irony of the situation is as my friend said--this is what u do(learn) in one of India's premier(read-1st 15) b-schools ??

Monday, July 13, 2009

Usual dinner menu--unusual names

I call this menu (G.R.jani hostel's dinner-in pic-aloo shimla,veg makhanwala,dal fry,steam rice,veg raita,chapati & papad)usual because the last 5 items are there everyday in this 30rs dinner. sometimes they give sweet dish too.

unusual about it-we call this sookhi sabji "aloo shimla"(sun-ne mein lagta hai jaise shimla ka aloo ho)----shimlamirch aloo there in punjab.

Sunday, June 28, 2009

Washing for the first time,Vada Pao & Waiting for the rain to stop



I washed my clothes myself for the first time ever today. Courtesy the fully automatic machine(in pic) available in the hostel bathrooms,i didn't have to do much.

In the evening went for the dinner to the mess,but was their sole off-sunday evenings. then went for the famous NM vada pao (had heard a lot about it)-was good enough( mirch zyada thi)....on my way back it started raining heavenly...so waited at one of the building's watchman quarter(in pic- the place where i sat).Thank GOD i was having with me cellphone's earpieces to pass the time.

Learnings-1.Hostel canteen is closed on sunday evenings
2.Carrying an umbrella is must -doesn't matter how far you go,whereever you go and whatever the weather is like in mumbai .

Friday, June 26, 2009

ghanan ghanan on 26th june






It's been raining since the morning here in mumbai.It was my first experience of getting wet in the mumbai rains...
image is taken from the classroom on 8th floor of UPG building

Friday, May 29, 2009

Finally.......

following are the results of mba admissions(institutes i applied to)this season...

BIMTECH-around 10th march------not selected(not even a sorry)
NMIMS(MBA-CORE)--around 14th march--sorry, not shortlisted in merit list
FORE--26th march-you are not in the merit list/waitlist
IMT--4th april--you are in the waiting list of IMT NAGPUR campus(which is even now uncleared)
KJ SOMAIYA--around 16th april--sorry not selected
UBS-merit list came on 5th may....counseling not held till date

& finally

NMIMS(MBA-capital markets & MBA-actuarial sciences)-dated 29th may...... Congratulation! You are short listed for Admission (words i have been waiting to read)

Monday, May 4, 2009

Tum bhagat ho..?

i have started going to shop(my father's business place) these days...
following is a conversation between my chachaji(c) and a regular 6-7 years old passerby(kid)(he passes by using the footpath in front of shop 6-7 times daily)...

c:-- tum kahan rehte ho?
kid:--udhar(showing by hand)
c:---to din mein 6-7 baar udhar kya karne jaate ho(other way)
kid:---udhar?....udhar mandir hai....
c:---6-7 baar?....to tum bhagat ho...jai ho!!!
kid:---?????nai
c:---fir kya karne jaate ho udhar.??...
kid:--udhar prasad milta hai na........!!!!

one line summarizes it all-------bache mann ke sache..

Saturday, January 10, 2009

CAT 2008 & RESULTS

Caution-THIS IS NOT "SURE-FIRE-ALL-MAKING IT TO-IIMs SUCCESS STORY“---

cat 16th nov 2008

the day before(15th nov)--read "bouncing back"-chapter 3--autobiography of samuel moore walton(MADE IN AMERICA)...was quite motivational...left for chandigarh by around 1 pm with sameer & nipun ,reached there by 5,..watched tv, had dinner and went to sleep

Next day-----16TH NOVEMBER 2008----- was a big day, both in terms of length and importance, was ready for the test by 9:15, left for the venue....there was a big horde..traffic jammed around the D.A.V college, somehow parked my scooter struggling to get inside the parking, was in my class by 9:50,searched for my seat....it was middle coloumn first seat...know what...I was the first one to know the pattern, question booklet bundle was right in front of me though upside down, read it upside down.... was something that last happened 10 years back, more weightage to one section(no marks for guessing which section it was--VERBAL ABILITY AND READING COMPREHENSION)
was familiar with such a pattern….was there in two cl's mocks.--.performed average in both….decided to increase my attempt proportionately to clear 10 % marks in the section(from tested strategy of 8/9x4 to 13/14x4)..overall from around 35(out of 75) to 40(out of 90)....that's why they say...all pre-determined strategies don't work on THE CAT DAY....
changed my another test strategy...started with va/rc first unlike the 98% of the mocks that I practiced with ....attempted 13 questions(8va & 5rc question)..marked the circles...45 minutes over....
came to di/lr.....the section termed the toughest of the CAT 2008....decided not to look in to the share prices set(5 question...3 with cbd option and 2 with none of these option)...it worked...found rest of the section easy...finally in around one hour time solved around 18 question..
time 12:20 pm...40 minutes left for the quant section....with already 31 attempts...thought will do around 9/10 ques...but was wrong.. Time--1 pm and marked only six q.a ques...
total attempt--37 ques...Knew missed out atleast 3-4 ques in quant. and overall.....came out... there was a big horde (i am using this word 2nd time in this post because it costs me 5 marks)....heard someone saying to his friend..."YAAR...CAT IS OVER"

1:15 switched my phone on .... received two calls in the next 5 minutes...."kaisa hua"....never wanted to answer more....switched it off again...
Around 3 pm--switched the tv...but this time no news channel was with the analysts and cut-off pridictors(was also out of net access).read about a show to be telecasted at 6 pm...somehow passed the time...with bachna ae haseeno on a local cable channel....was not interested, with my mind somewhere else
6 pm ..a person from time predicted the overall cut-offs to be 120 with maths somwhere around 20-24...that was the first time I realised it was really tough... also came to know about the TOUGHEST SECTION… ACCORDING TO HIM it was...DI/LR...the one in which I had attempted maximum..... the only think I wanted was somewhere around 100-105
around 6:40 pm--with the courage, entered a cyber cafe...searched for the keys on different institutes sites....first came bullseye....qa--19 marks(5/6 correct)..was satisfied with what I did....also 6th one was a fluke...di 62(16 correct).....va 2 marks(3 correct) overall 83........
but didn't loose hope...another key....pt...17 marks in va ..now overall 98.....another key...ims.....12 in va...again overall 98...this time with 17 correct in di... Time and cl were still not out with their keys

Next day--17th nov....checked out time and cl's keys.....both same...total 98

By the time week ended all institutes were out with marks v/s %iles section--my %iles hovering between..91%ile and 95 %ile...(91(CL),92.5(IMS)and 95(as per Time)..also TIME revised its overall cutoff to somewhere between 106-110(for 97.5 %ile)
.............
yesterday(9th jan 2009)----came the cat results...I am more than happy now.. have scored more than expected
--a total of 103(proving all institutes verbal keys wrong)...22 in va/eu,19 in quantitative and 62 in lr & di(respective %iles---72.2,75.93 and 99.94)...and an overall %ile of 95.52........even though extremely happy with my cat score ....but there's one thing to regret about also...not scoring that well in my graduation--i lost IIM SHILONG gd/pi call because of it(all other conditions fulfilled as per their shortlisting criteria disclosure)..........but.......that's life.

Now, hope I get the calls from the institutes I have applied to…