Monday, January 24, 2005

The Power of 1

Has ‘1’ lost its significance in today’s world? Who cares about 1 rupee today, when people are earning hundreds of thousands of rupees!! Do we even care about 1 second in this fast paced world? What difference can 1 person make to the way we live/ do things? The Answer ---- NO, I don’t think ‘1’ has lost its significance! Let me explain…
I have been tracking shares of Pentasoft Technologies for about a month now (The financial results of the company suck, but the share price seems to be rising due to the trading volume). Last month it was priced at 2.65 Rs./ share. Today it is at 3.70 Rs./share. How does this matter? Well, consider you had bought 10000 shares last month, investing 26500 Rs. Today, it would fetch you 37000 Rs!! ( I do agree that it is a risky proposition, but that’s not the point I am trying to make here). Do you see the significance of 1 rupee?? This is what stock markets teach you --- Every rupee counts.
Have you ever had to wait at a traffic junction for the lights to turn green? Do you remember looking at the timer impatiently, as it was ticking every second? We don’t realize how 8 hours go by at work, or for that matter, how 4 years pass by at college. But every second at a traffic signal brings down our patience exponentially!!
Can 1 person really make a significant difference to our world? Think again! How many developers did it take to write the first Linux kernel? Do you realize the support for the kernel today? Numerous devices from PDAs to PCs, from wrist watches to supercomputers run Linux. Some of the worlds largest companies like Google, IBM, Hp, Motorola (ThoughtWorks??) etc run their businesses on Linux.

The message that I am trying to convey is that ‘1’ is still significant in today’s world and will continue to be so in the future. One person can definitely make a significant difference. It’s up to you – give up, or accept the challenge.
Quoting M.K. Gandhi
First they ignore you, then they laugh at you, then they fight you, then you win.

10 comments:

ROhan said...

dude .. the question is how many Shares U picked up and when Ur going to treat us :-)

ROhan

BizViz said...

Hi i got your blog through a interests search on "business"..its very interesting..i have been trying to invest in the stocks for quite some time n was looking for some insiders info... would be great if u could give me a few tips..and yes 1 rupee does have a lot of significance..

BizViz said...

Hi i got your blog through a interests search on "business"..its very interesting..i have been trying to invest in the stocks for quite some time n was looking for some insiders info... would be great if u could give me a few tips..and yes 1 rupee does have a lot of significance..

Chirdeep Shetty said...

Firstly, thanx a lot for posting a comment on my blog (I never imagined that people would be interested in reading it :-)). Anyways, I suggest you take a look at http://www.moneycontrol.com , http://www.outlookmoney.com , http://www.myiris.com, etc. The message boards on MoneyControl are quite informative. If you are planning to invest sometime soon, I would suggest investing in "Bajaj Tempo" (currently priced at Rs 250 on BSE). It is almost at its 52 week low and I reckon it would probably go upto Rs 400-450 in about 6-8 months. Please DO consider the risks before investing :-). You may also want to check out AvayaGlobalConnect. Hope it helps !!

BizViz said...

hi, im still checking out those sites you gave me...u were talking about shares worth 2.65Rs/share is it a good idea to invest in these "penny stocks"(i think tats wat they r called) , i was thinking of investing online through ICICIonline but hey take a 1% commision do u know of any other organizations that help you to invest...

Chirdeep Shetty said...

I definitely donot recommend "penny stocks" as a mainstream investment, primarily coz its just too risky. You should realize thay most of these stocks are moving up mainly due to their trading volumes. Sometimes these stocks do provide an easy way of making good money in a very short time. Therefore, i would suggest investing very small amounts in such shares and also investing in such shares only after tracking it for a reasonable amount of time.

BizViz said...

Thx for the advice yaar,hey if you dont mind can you tell me about ur experience in the stocks.....do u recommend others to take it up?? Right now i think i have pretty much fixed on Indiabulls as my broker although ICICIdirect also seems to be a good deal(But they charge a higher commision).

Anonymous said...
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Mango said...
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Andy Gavin said...

The number one is possibly more relivant than you think. It would appear, that at least when you look at digits, that one is most popular:

http://www.bbc.co.uk/radio4/science/further5.shtml