Todays Share Market explained in story

If anyone has difficulty understanding the current world financial situation, the following should help.... Once upon a time in a village in India, a man announced to the villagers that he would buy monkeys for $10. The villagers seeing there were many monkeys around, went out to the forest and started catching them.

The man bought thousands at $10, but, as the supply started to diminish, the villagers stopped their efforts. The man further announced that he would now buy at $20. This renewed the efforts of the villagers and they started catching monkeys again.

Soon the supply diminished even further and people started going back to their farms. The offer rate increased to $25 and the supply of monkeys became so little that it was an effort to even see a monkey, let alone catch it!

The man now announced that he would buy monkeys at $50! However, since he had to go to the city on some business, his assistant would now act as buyer, on his behalf.

In the absence of the man, the assistant told the villagers: 'Look at all these monkeys in the big cage that the man has collected. I will sell them to you at $35 and when he returns from the city, you can sell them back to him for $50.'

The villagers squeezed together their savings and bought all the monkeys.

Then they never saw the man or his assistant again, only monkeys everywhere! 

5 Superpowers of Billionaires

1) Warren Buffett
Warren Buffet has the uncanny ability to find the right person for the right job.
“Somebody once said that in looking for people to hire, you look for three qualities: integrity, intelligence, and energy. And if you don’t have the first, the other two will kill you. You think about it; it’s true. If you hire somebody without [integrity], you really want them to be dumb and lazy.”

2) Bill Gates
Bill Gates was able to understand his audience and know what they would needed, and deliver that need.
“Software innovation, like almost every other kind of innovation, requires the ability to collaborate and share ideas with other people, and to sit down and talk with customers and get their feedback and understand their needs.”

3) Steve Jobs
Steve Jobs could see what was on the horizon, even if consumers could  not comprehend.
“Innovation distinguishes between a leader and a follower.”

4) Elon Musk
It takes a special kind of person to endure unending criticism and persevere.
“When something is important enough, you do it even if the odds are not in your favor.”

5) Jeff Bezos
Jeff Bezos has had the vision to persevere. He sees the possibilities, and follows them relentlessly.
“What we need to do is always lean into the future; when the world changes around you and when it changes against you – what used to be a tail wind is now a head wind – you have to lean into that and figure out what to do because complaining isn’t a strategy.

The 10 Best things Steve Jobs Ever Said

How did one of the greatest entrepreneurs of the last 50 years think? How did he create one of the most successful companies of all time? Here are ten of the best things that he ever said . I believe they give us clues at identifying the next company that could have their stock become the monster stock of this decade.  As you read through these quotes does it make any other company come to mind besides Apple?

Steve Jobs Quotes:

“We’re gambling on our vision, and we would rather do that than make “me too” products. Let some other companies do that. For us, it’s always the next dream.” Interview about the release of the Macintosh (24 January 1984)

“Do you want to spend the rest of your life selling sugared water or do you want a chance to change the world? ” A comment he made in persuading John Sculley to become Apple’s CEO.

“You‘ve got to start with the customer experience and work back toward the technology – not the other way around.” May 1997, World Wide Developers Conference

“Being the richest man in the cemetery doesn’t matter to me … Going to bed at night saying we’ve done something wonderful… that’s what matters to me.”

“That’s been one of my mantras — focus and simplicity. Simple can be harder than complex: You have to work hard to get your thinking clean to make it simple. But it’s worth it in the end because once you get there, you can move mountains.” -BusinessWeek Interview May 1998

“It’s really hard to design products by focus groups. A lot of times, people don’t know what they want until you show it to them.” -BusinessWeek Interview May 1998

“Innovation distinguishes between a leader and a follower.”

“Quality is more important than quantity. One home run is much better than two doubles.”

“You can’t just ask customers what they want and then try to give that to them. By the time you get it built, they’ll want something new.” Inc Magazine

“Stay Hungry. Stay Foolish.”

A lot of young men end up going bankrupt, spending all of their savings on their weddings, just to live up to the society's expectations. Is it really worth it? Now, we're not saying you shouldn't celebrate but you must know the importance of hard earned money in adult life. Don't spend to impress others; it's never going to be enough. Of course, if you can afford it, you must celebrate and spend to your heart's delight. But if you're a young, self-made man who wouldn't seek his parent's financial help, you'd much rather opt in for a plain, affordable wedding and save the rest of the money for your future use. Firstly, because it's really going to help you live a comfortable life ahead, and secondly, because giving in to societal pressures is never worth it. Your wedding doesn't need to be better than your friends' or cousins'. It's your wedding, do it your way. Don't spend a fortune on it and regret later.