Satyakam Mishra has left a new comment on your post "Camac Commercial - Buyer @ Rs. 30000 -Akul Singhal...":
I dont know if this is out of context but I recommend investors to read the annual letter written by Warren Buffett, the legendary investor and chairman of Berkshire Hathaway who almost has a rock star like status, considering his cult status among investors across the world.
Buffett writes every year which is cherished by all who seek wisdom of investment. In fact, the Berkshire website has a compilation of all his annual letters to shareholders since '77. His annual letter to shareholders — known for its simplicity and lucid explanation of company facts — is a relished document in the world of finance.
I recommend all readers to read them at http://www.berkshirehathaway.
Excerpts from the recent one
Reflecting on the current states of the financial services industry, Buffett warned of the ongoing use of excessive leverage. “Unquestionably, some people have become very rich through the use of borrowed money. However, that’s also been a way to get very poor. When leverage works, it magnifies your gains. But leverage is addictive. Once having profited from its wonders, very few people retreat to more conservative practices. And as we all learned in third grade – and some relearned in 2008 – any series of positive numbers, however impressive the numbers may be, evaporates when multiplied by a single zero. History tells us that leverage all too often produces zeroes, even when it is employed by very smart people.”
I dont know if this is out of context but I recommend investors to read the annual letter written by Warren Buffett, the legendary investor and chairman of Berkshire Hathaway who almost has a rock star like status, considering his cult status among investors across the world.
Buffett writes every year which is cherished by all who seek wisdom of investment. In fact, the Berkshire website has a compilation of all his annual letters to shareholders since '77. His annual letter to shareholders — known for its simplicity and lucid explanation of company facts — is a relished document in the world of finance.
I recommend all readers to read them at http://www.berkshirehathaway.
Excerpts from the recent one
Reflecting on the current states of the financial services industry, Buffett warned of the ongoing use of excessive leverage. “Unquestionably, some people have become very rich through the use of borrowed money. However, that’s also been a way to get very poor. When leverage works, it magnifies your gains. But leverage is addictive. Once having profited from its wonders, very few people retreat to more conservative practices. And as we all learned in third grade – and some relearned in 2008 – any series of positive numbers, however impressive the numbers may be, evaporates when multiplied by a single zero. History tells us that leverage all too often produces zeroes, even when it is employed by very smart people.”
1 comment:
DEAR ASHVINIJI I HAD TALK WITH MR AKUL SINGHAL & ASK FOR BHARATNIDHI RATE FIRST HE SAID 2000 THEN I SAID YOU HAVE MENTIONED 10000 ON BLOG ARE YOU INTERESTED TO BUY THEN HE REFUSED TO BUY THEN I INQUIRE ABOUT CAMAC COMMERCIAL HE QUOTE 30000 RATE BUT SAID I HAVE BY MISTAKE QUOTE THE RATE HE IS NOT GENUINE FELLOW & JUST QUOTE RATE HE IS MISUSING PLATFORM I SINCERELY REQUEST YOU TO AVOID SUCH FELLOW POSTING THANKS NILESHKOTAK 9274038842
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