~Too clever by half people lose more than what they bargain for, by trying to be very smart.
~The market is graveyard, with tombstones of people who failed.
~The successful people are those who buy good business & keep them.
~It is not a place to get rich quick – one in a million might do it.
~Market is a place to create long – term wealth. Legends are told of how successful one has become so soon, but that’s not true. We all grind it out for years.
Source: Masterclass with super-investors.
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In 2014, Aditya Puri traveled to
California to take a close look at the disruptions that were being
discussed. He visited Mastercard Inc. The agenda of the trip was to understand the changing landscape of the financial services sector.
During his trip, he noticed & heard few phrases "Silicon Valley
will eat your breakfast & lunch",
"Banks will be reduced to pipes",
"People won't need banks but
only banking", & so on.
He linked Fintech companies operating in payments space, faster loan approvals than old world rivals, virtual relationship
management & advisory, e-shopping & building better financial products for customers.
Excellent Whatsapp Forward:
A Teacher was writing table of 5 on the board:
5X1=3
5X2=10
5X3=15
5X4=20
5X5=25
5X6=30
5X7=35
5X8=40
5X9=45
5X10=50
After writing she turned back towards students and found that everybody was laughing at her.
On asking the reason for laugh, couple of students got up and told:
Ma’am- first line of the table is wrong…It should be 5
Hearing this Teacher (smiling) explained
I wrote the first line wrong on purpose, because I wanted u to learn something important. This was for u to learn how the real world will treat u. I wrote 9 correct lines but nobody congratulated me but 1 mistake & everybody pointed at it.