Lighter Side Of Stocks

Updated: Nov 29 2003, 05:30am hrs
What can one expect when CEOs and MDs of reputed brokerage houses gather at an investors interaction One would imagine loads of gyaan (knowledge) on stock markets.

But contrary to such expectations, market gurus at one such interaction in Mumbai concurred on the fickle nature of stock markets which had fooled common investors time and again.

Rakesh Jhunjhunwala, a high networth investor in the stock markets, went to the extent of comparing markets with the many moods of ones wife: The markets behave like your wife would. Whether you like it or not, you have to succumb to her mood swings!

Tips on stocks took a back seat but laughs were a-plenty at the interactive session!

Political Platitudes
It is not very often that one hears spokesmen of two national political parties to say exactly the same thing on the issues being raised in the states going for elections in December.

Eavesdropper discovered this while talking to two members of the BJP and Congress think-tanks on economic issues who concurred that the manifestoes dont mean anything.

Hold on, what they said was nothing positive, but the one associated with the Congress Party said that what was mentioned in the poll manifestoes means nothing... it would be a waste of time to follow what was written. The other belonging to the BJP said virtually the same thing when he stated that what was mentioned in the partys manifesto was nothing but platitudes!

For the record, however, the Congress economist did say that it was only his party which could push through privatisation.