The Alpha Strategy! Our economy Gurus ...

[tantric_yogi]

It am think it was 1982 or 83 ... Masterji gev me a parting gift ... hardbound copy of the book authored by John Pugsley ... a wellknown economy guru.

Beseekelly its about making best use of your earnings ... book has lot of shit about economic stuff ... I understand dick. More than 20 years an I still cannot get past couple of paragraphs. Here is something from the book ... I wonder if our own economic experts subscribe to this ...

We use Olive oil ... if butter is too hard from ref ... dip your slice of bread in to olive oil ... yummy.

Two years ago a four lit can of imported olive oil used to cost $ 18. We consume three cans a year. Shelph life of Olive oil is four to five years. Todey sem can of oil costs $ 32. That is an increase of about 80%?

Two years ago If I had bought 20 cans of olive oil @ $ 18 ... cost $ 360 against today's cost of$ 640. Whopping $ 280 eaten up by inflation! In the sem sem period ... in two years ... $ 360 lying in the bank earned me an interest of measely $ 40.

Women ... I tried to explain this theyoree to my wife ... she informed me ... three years agao her branded pair of shoes cost an average of $ 300 ... today God bless China sem pair of sandals cost only $ 200. "You would have lost a fortune if I went and bought twenty pairs of shoes to last me next ten years" ... sometimes I wonder if God created woman to tear us men's ego to shreds ... women can be so irritating.

Help me out ... does this make any sense?

edited ...

;) :angel:

[UMA]

Two years ago If I had bought 20 cans of olive oil @ $ 18 ... cost $ 360 against today's cost of$ 640. Whopping $ 280 eaten up by inflation! In the sem sem period ... in two years ... $ 360 lying in the bank earned me an interest of measely $ 40.

In 2 years you would have used 6 cans, so only 14 would have remained - your math is weaker than your economics

Tantric, you look at the smaller picture. Trust me on this one. No one became rich by saving money. People get rich by earning money.

Instead of hoarding up olive oil, try investing in commodities, if you really belive in yourself. Of course you can always kick yourself in the back for NOT investing in something that doubles every few months - like stock in Google. For example, when OIL prices were going up, I invested in oil stocks - refineries, services and oil field royalties. The investments are up 40-50% in one year. :cool:

Hind sight is always 20-20, Visionaries look ahead - learn from past experience :D

[tantric_yogi]

Of course you can always kick yourself in the back for NOT investing in something that doubles every few months - like stock in Google. For example, when OIL prices were going up, I invested in oil stocks - refineries, services and oil field royalties. The investments are up 40-50% in one year. :cool:


Go ahead ...

Have you read the book? Look ... unlike you, I don't go around beating my drums. I know dick about economics. You and your Brahmi Oil capsules ... serve your memory well.

40/50 percent appreciation a year? That is better than what my friend's financial advisors bring him. These experts net an average of about 15 to 20% a year on which they get their 5% management fees. Fair.

You have done better than one of the world's richest and most successful stock market Guru ... I am sure you know him personally. Sorry ;) got carried away.

I will leave it to other more knowledgable members indulge you ... I am handicapped.

Please continue ... I am listening.

[tantric_yogi]

You have done better than one of the world's richest and most successful stock market Guru ...

and he averages between 20 to 25 percent a year ... Warren Buffett!

Begining to make sense. I have always wondered for five years and could never figure it out ... why do some people come to a chat site where nobody gives a shit ... AND ACT COCKY! Now I know.

UMA ... you got my atensionwa ... with all due respects ... your returns of 40% a year are impressive ... very impressive. There is no reason for me to doubt your claim ... not that you care.

Please do tell us ... since how many years have you been investing in the stock maket? 40% returns on your investments ... is that the average of since you started investing? Are you a financial consultant who manages portfolios for clients or is it just a hobby for you?

Look ... we are aware ... you guard your privacy ... you seldom give out any personal information. Not that I blame you ... arsoles such as Yogi will be forming queues outside your door if they came to know of your incredible success in the stock market .

Do try ... whatever you think ... you are able to share with us? Pelubhai is an expert in the stock market ... unfortuantely he is not around to grill you ... sorry I meant ask you the right questions.

Thanks ...

My friend's financial advisor often uses the term "TOP DOWN" ... he has tried to explain to my friend several times. So, do you use TOP DOWN system ... whatever it is?

[UMA]

First, I see that you not only removed my post but also editted your own. Looks like you are finally getting the message.

I specifically said about the OIL stocks. Obviously, you haven't been investing in the stock market, because even though you once sought advice on investing in OIL stocks, you did not really invest :D :D

You talk about Buffett's 25% return. Go check the 2005 chart of BRK-a. It was flat for the year - perhaps down slightly. Buffett may be the richest investor, but it is possible to do better than him, because unlike him, you and I trade small dollar amounts. Besides, he needs to make SEC filings, which leak the news to market.

Check out oil stocks in 2005, still better just look at this ETF by the ticker XLE
http://finance.yahoo.com/q/bc?s=XLE&t=1y

If you would rather look at stocks from my holding, just look at CVX, HAL, VLO, MRO, KMG, OXY and PWI (the last one is a trust with high dividend). Look at the chart on yahoo and then talk. These are high grade oil companies and many out there are still selling for a PE of < 10

[UMA]

and he averages between 20 to 25 percent a year ... Warren Buffett!

Begining to make sense. I have always wondered for five years and could never figure it out ... why do some people come to a chat site where nobody gives a shit ... AND ACT COCKY! Now I know.

UMA ... you got my atensionwa ... with all due respects ... your returns of 40% a year are impressive ... very impressive. There is no reason for me to doubt your claim ... not that you care.

Please do tell us ... since how many years have you been investing in the stock maket? 40% returns on your investments ... is that the average of since you started investing? Are you a financial consultant who manages portfolios for clients or is it just a hobby for you?

Look ... we are aware ... you guard your privacy ... you seldom give out any personal information. Not that I blame you ... arsoles such as Yogi will be forming queues outside your door if they came to know of your incredible success in the stock market .

Do try ... whatever you think ... you are able to share with us? Pelubhai is an expert in the stock market ... unfortuantely he is not around to grill you ... sorry I meant ask you the right questions.

Thanks ...

My friend's financial advisor often uses the term "TOP DOWN" ... he has tried to explain to my friend several times. So, do you use TOP DOWN system ... whatever it is?

40% return is not average. I gave that figure for OIL stocks in 2005 .... looks like you cannot comprehend my posts.

Investing is not a hobby ... when your money is on the line, you better pay attention to what's going on. Investing with financial advisors is for the novice ... they charge commission without any guarantees ... one wonders if they have an interest in promoting a stock ... with all the information out there, you can do this yourself. I watch a few analysts and a few brokerage firms - Barrons, Lehman and Merrill are my favorite.

You mentioned Pelu as an expert ... you must be in a Friday mood :D

[tantric_yogi]

First, I see that you not only removed my post but also editted your own. Looks like you are finally getting the message.
If you cannot fight UMA ... join him/her/whatever :D

Obviously, you haven't been investing in the stock market, because even though you once sought advice on investing in OIL stocks, you did not really invest :D :D
UMA ... how often do I have to yell ... just cause I amher at this site mixing with big shots like you does not make me one ... it just makes me feel good. One of these days I am gonna break good old piggy bank and see if I got some to invest.

you and I trade small dollar amounts.
You are too kind ... mentioning me in sem sem as you. I hope you are not being sarcastic.



UMA ... earlier today I made an effort to read your reply. Thanks. I called up my frend. I told him what an idiot he is. A friend of mine is making 40/50 percent profit in few months and you are just jerking off with your financial advisors. My friend Ram Lal was naturally outraged. Although its Saturday, he called his advisors ...

Advisors told to my frend Shri Ram Lal ... "Shri Ram Lalji ... relax ... you have not done too bad either. I did not put your money in to oil but did even better ... I put it in to Gold and mines."

My frend Shri Ram Lal insisted and advisor had no choice but to open is computer to give my frend Shri Ram Lal some details.

UMA ... You are right ... I am bloody so naive. I did not know that people living in Jummritalaiya could invest in Australian stocks ... did you? I am sure you do.

OXR bought July 05 0.93c current price $ 1.93
LHG bought Aug 05 1.45 current price $ 2.25
ZFX bought Aug 05 3.67 current price $ 6.08

My frend Ram Lal was so happy to hear that from his advisor taht he has invited him and Yogi for lunch first thing on Monday.

UMA ... I am no good at ecomonics and calcualtors ... can you do me a favor and tell me what percentage appreciation above three stocks in six months or so?

But advisor is not counting eggs before they hatch ... above figures might seem impressive (perhaps not as as much as your 40%) but still my frend says ... if you make an average of 20% a year in the long term ... you are doing better than the experts.

What do I know ... yeh aap ooche logan kee battan hamar samajh ke baahar ...

:) with all due respects.

[dhurandhar]

In 2 years you would have used 6 cans, so only 14 would have remained - your math is weaker than your economics

Tantric, you look at the smaller picture. Trust me on this one. No one became rich by saving money. People get rich by earning money.

Instead of hoarding up olive oil, try investing in commodities, if you really belive in yourself. Of course you can always kick yourself in the back for NOT investing in something that doubles every few months - like stock in Google. For example, when OIL prices were going up, I invested in oil stocks - refineries, services and oil field royalties. The investments are up 40-50% in one year. :cool:

Hind sight is always 20-20, Visionaries look ahead - learn from past experience :D

I don't disagree, but what most people forget is that people get into a vicious spiral of debt just as easily as they became rich...in so far you are in a debt, you are not a free human. So EARNING without emphasis on SAVING is just plain stupid.

[UMA]

UMA ... earlier today I made an effort to read your reply. Thanks. I called up my frend. I told him what an idiot he is. A friend of mine is making 40/50 percent profit in few months and you are just jerking off with your financial advisors. My friend Ram Lal was naturally outraged. Although its Saturday, he called his advisors ...

Advisors told to my frend Shri Ram Lal ... "Shri Ram Lalji ... relax ... you have not done too bad either. I did not put your money in to oil but did even better ... I put it in to Gold and mines."

My frend Shri Ram Lal insisted and advisor had no choice but to open is computer to give my frend Shri Ram Lal some details.

UMA ... You are right ... I am bloody so naive. I did not know that people living in Jummritalaiya could invest in Australian stocks ... did you? I am sure you do.

OXR bought July 05 0.93c current price $ 1.93
LHG bought Aug 05 1.45 current price $ 2.25
ZFX bought Aug 05 3.67 current price $ 6.08

My frend Ram Lal was so happy to hear that from his advisor taht he has invited him and Yogi for lunch first thing on Monday.

UMA ... I am no good at ecomonics and calcualtors ... can you do me a favor and tell me what percentage appreciation above three stocks in six months or so?

But advisor is not counting eggs before they hatch ... above figures might seem impressive (perhaps not as as much as your 40%) but still my frend says ... if you make an average of 20% a year in the long term ... you are doing better than the experts.

What do I know ... yeh aap ooche logan kee battan hamar samajh ke baahar ...

:) with all due respects.

There you go confirming what I posted ... see it is possible to do better than Warren Buffet. :D :D Right? your friend Ram Lal has done the same by investing in Gold and mines.

[tantric_yogi]

There you go confirming what I posted ... see it is possible to do better than Warren Buffet. :D :D Right? your friend Ram Lal has done the same by investing in Gold and mines.


Ok if you insist ... all that is confirmed is that you're a trader who counts his profits in days, weeks, and months. As if that’s not risky enough ... you count your eggs before they have hatched.

My friend Ram Bharose is a professional with little time to spare ... he saves and at the end of the financial year drops a part in to the basket. You can say he is an investor ... by dealing with financial advisors he takes away emotional part of investing in the stock market.

I hope ... I do really hope ... you are disciplined enough to take your profits BEFORE the tide turns. Traders such as yourself lost their homes during dot.com bust ... investors survived and moved on. Claim ... you have done better than the best ... reeks of over-confidence ... first fatal sign of a trader's impending fall. You think you are smart and person at the other end of trade is stupid ... may be you're. I always believe otherwise ... it has served me well.

UMA ... my friend ... I'm most uncomfortable debating ... not used to having to explain my decisions or views. Must have to do with my lowly status in life.

If I were you ... a trader ... I'll sell now ... take my profits and put them in to the bank. Wait few days for cockiness to wear off and start fresh with smaller amount. You must always remember ... even butterflies of the stock market have sharp teeth.

Happy for you. Even experts can never pick the tops ... don’t wait too long to take your profits. Greed is not good ... be smart. Gordon Geckos of this world are entertaining to watch ... on the screen.

Good luck.

[UMA]

Ok if you insist ... all that is confirmed is that you're a trader who counts his profits in days, weeks, and months. As if that’s not risky enough ... you count your eggs before they have hatched.

I don't know what makes you think that I am a trader. I am an investor who does own research because I don't trust my money with others who charge a cut and do not make any guarantees.


My friend Ram Bharose is a professional with little time to spare ... he saves and at the end of the financial year drops a part in to the basket. You can say he is an investor ... by dealing with financial advisors he takes away emotional part of investing in the stock market.

I don't care if you friend has time to spare or not. I am a professional too. But, I invest myself. I don't buy in the morning and sell in the afternoon - although I have done that too. The important thing is to set a limit on when you would think that your investment has matured and ready to book profit.


I hope ... I do really hope ... you are disciplined enough to take your profits BEFORE the tide turns. Traders such as yourself lost their homes during dot.com bust ... investors survived and moved on. Claim ... you have done better than the best ... reeks of over-confidence ... first fatal sign of a trader's impending fall. You think you are smart and person at the other end of trade is stupid ... may be you're. I always believe otherwise ... it has served me well.

When dealing with money one has to be disciplined. There are no emotions when buying/selling stocks. It is not like a home that you get attached too. You invest to make money, not to get emotional :D



UMA ... my friend ... I'm most uncomfortable debating ... not used to having to explain my decisions or views. Must have to do with my lowly status in life.

Then, please don't. ... :D and I must say that you brag too much but ultimately admit your lowly status. :D Why am I not surprised this time :D


If I were you ... a trader ... I'll sell now ... take my profits and put them in to the bank. Wait few days for cockiness to wear off and start fresh with smaller amount. You must always remember ... even butterflies of the stock market have sharp teeth.

I am not a trader. You are making the same presumption over and over ... and you are wrong :D you say "wait [a] few days"? ... what makes you think that I am a novice ... you are again making a presumption :D

I am surprised that you refer to Pelu as an expert and myself as a novice :D


Happy for you. Even experts can never pick the tops ... don’t wait too long to take your profits. Greed is not good ... be smart. Gordon Geckos of this world are entertaining to watch ... on the screen.

Good luck.

I never said that I buy at the bottom and sell at the top. I never do that ... since I usually operate with limit orders (I don't have time to watch the market during my work day), I always buy/sell on a slope. I don't belive in market timing. I just listen to brokerage firms that I believe in and then set my limits.

You do not come across as an intelligent person ... you believe in stocking Olive Oil, I think that is laughable :D

This will be my last post on this thread

[tantric_yogi]

You do not come across as an intelligent person ...


Coming from you, an expert in stupidity ... I take that as a compliment. Thank you.

UMA ... rest of here is not for you but some young members who might read and get tempted. They will wonder if it is this easy to multiply savings. Why not borrow @ 5% to earn 50% …

To those young friends of mine ... heed my advise. Think. Seek expert advise. Think.

Stock market UMA refers to and is an expert at is no different from beautiful Aish. Aish did not wake up in the morning wearing tons of makeup or looking this delicious. Aish needs to shit and piss just like the rest of us.

You hear and read from people who have made millions ... doubled their savings in six months in the stock market. You do not have to be Einstein ... for one UMA to make his 50% in six months ... there have to be five people who must have lost. Seldom will you come across few people who will be honest to admit having lost money. In society where winners are considered heroes ... I am here to tell you ... I have lost money in the stock market.

I made big bucks in stock market during dot com boom and lost it all. I used to spend just an hour or two a day. Used to call my brokers and order them to buy or left instructions. Almost each and every stock my brokers bought based on my recommendations ;) went up the next day and kept going up. I thot ... I thot ... I was an expert. And when the balloon bust ... even a person of Yogi's intelligence (I hope UMA will forgive Yogi ... but he does heave to make a serious point for the benefit of our young members) ... so, even a person of Yogi's intelligence ... could not cope with the psychology of the market and human emotions, ... that came in to play. Human emotions ... ego ... fears.

Deepak Chopra is a fine writer. He has recycled our Yoga teachings to make it easier for ordinary people to follow. In one of his books ... he refers to a state of mind ... he calls "DETACHED AWARENESS"! This mental state occurs when you observe what is going on with none or little at stake to your ego. Like in yoga ... this state occurs when you step outside of yourself and calmly observe your actions. Our young members are wondering ... what the fo(k has yoga, Deepak Chopra, and detached awareness got to do with the Stock market trading? Everything. As a trader, this means that you abandon all your associations about what a stock's move will mean for you emotionally, financially, and personally. Can you do that?

Investing is when you consider years and not months. Idea is to select fundamentally good strong companies, leaders in their field and invest in them. Chances are ... in the long term you will do better than money in the bank or even bricks and mortar.

Remember always … really LUCKY traders loss money in their first few trades. People with real bad luck ... they make big bucks in their first few trades and become cocky.

Reading books to gain basic knowledge is not enough. You will not read a book on swimming and jump in to the river.

Experts will tell you to do paper trading ... to learn. My arse. Human emotions come in to play. Emotions, fears and sufferings associated with losing your savings in paper trading is not the same same as losing it all in reality. You will not go buy Bond Street just cause you won few games of Monopoly.

Stock Market trading is a game of psychology. Psychology of trading conflicts with the human nature. We’re taught from childhood ... by very nature ... to lead, follow or be part of the crowd. In the stock market to make money you must be ready to go against the crowds. Reminds me of a prison scene from an old Hollywood movie where our hero to sustain his sanity walks alone aginst throngs of insane. Sounds easy ... tough ... very tough.

Last but the least ... old shit ... never put all your eggs in......

All this my personal opinion ... I know dick. LLKC.

edit: :) UMA ... none of this is intended for you. You might want to leave some words of wisdom for next generation of echarchans before this thread goes in to archives. You need not keep insisting upon my lack of brains ... I have made sure ... everyone knows.



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[tantric_yogi]

:) UMA read my reply above ... #12 ... I know. One who took pleasure in boasting her expertise in practically everything under the sun ... never bothered to reply ... disappeared instead.

I hope UMA was smart enough to take his/her/whatever profits.

[HarHarMahaDev]

Coming from you, an expert in stupidity ... I take that as a compliment. Thank you.

UMA ... rest of here is not for you but some young members who might read and get tempted. They will wonder if it is this easy to multiply savings. Why not borrow @ 5% to earn 50% …

To those young friends of mine ... heed my advise. Think. Seek expert advise. Think.

Stock market UMA refers to and is an expert at is no different from beautiful Aish. Aish did not wake up in the morning wearing tons of makeup or looking this delicious. Aish needs to shit and piss just like the rest of us.

You hear and read from people who have made millions ... doubled their savings in six months in the stock market. You do not have to be Einstein ... for one UMA to make his 50% in six months ... there have to be five people who must have lost. Seldom will you come across few people who will be honest to admit having lost money. In society where winners are considered heroes ... I am here to tell you ... I have lost money in the stock market.

I made big bucks in stock market during dot com boom and lost it all. I used to spend just an hour or two a day. Used to call my brokers and order them to buy or left instructions. Almost each and every stock my brokers bought based on my recommendations ;) went up the next day and kept going up. I thot ... I thot ... I was an expert. And when the balloon bust ... even a person of Yogi's intelligence (I hope UMA will forgive Yogi ... but he does heave to make a serious point for the benefit of our young members) ... so, even a person of Yogi's intelligence ... could not cope with the psychology of the market and human emotions, ... that came in to play. Human emotions ... ego ... fears.

Deepak Chopra is a fine writer. He has recycled our Yoga teachings to make it easier for ordinary people to follow. In one of his books ... he refers to a state of mind ... he calls "DETACHED AWARENESS"! This mental state occurs when you observe what is going on with none or little at stake to your ego. Like in yoga ... this state occurs when you step outside of yourself and calmly observe your actions. Our young members are wondering ... what the fo(k has yoga, Deepak Chopra, and detached awareness got to do with the Stock market trading? Everything. As a trader, this means that you abandon all your associations about what a stock's move will mean for you emotionally, financially, and personally. Can you do that?

Investing is when you consider years and not months. Idea is to select fundamentally good strong companies, leaders in their field and invest in them. Chances are ... in the long term you will do better than money in the bank or even bricks and mortar.

Remember always … really LUCKY traders loss money in their first few trades. People with real bad luck ... they make big bucks in their first few trades and become cocky.

Reading books to gain basic knowledge is not enough. You will not read a book on swimming and jump in to the river.

Experts will tell you to do paper trading ... to learn. My arse. Human emotions come in to play. Emotions, fears and sufferings associated with losing your savings in paper trading is not the same same as losing it all in reality. You will not go buy Bond Street just cause you won few games of Monopoly.

Stock Market trading is a game of psychology. Psychology of trading conflicts with the human nature. We’re taught from childhood ... by very nature ... to lead, follow or be part of the crowd. In the stock market to make money you must be ready to go against the crowds. Reminds me of a prison scene from an old Hollywood movie where our hero to sustain his sanity walks alone aginst throngs of insane. Sounds easy ... tough ... very tough.

Last but the least ... old shit ... never put all your eggs in......

All this my personal opinion ... I know dick. LLKC.

edit: :) UMA ... none of this is intended for you. You might want to leave some words of wisdom for next generation of echarchans before this thread goes in to archives. You need not keep insisting upon my lack of brains ... I have made sure ... everyone knows.



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where did u copy and paste this article from? kindly provide source...