Archive for October, 2008
Financial meltdown humor
Monday, October 13th, 2008Found this article on timesofindia.com…its funny in bits and pieces…
————————————————————————————-
Everything about the financial crisis need not be depressing. People are finding humour in the middle of the stocks meltdown, although punters who have burnt their fingers and much more would find it rude.
“Markets are set to regain 20,000 mark… (But only if) Sensex, Nikkei and Hang Seng are put together at 5,000 points each, NYSE Composite at 1,000 points, Dow Jones Industrial Average at 3,500 and Nasdaq at 500 points.”
“Black Mondays used to be a once-in-a-lifetime event. Now they are coming along more regularly than Delhi Metro trains.”
“Respected Sensex Sir passed away on October 10, 2008 after not keeping well for nine months. The last rituals would be conducted at Lehman Brothers’ place.”
“Assets are written on the left and liabilities on the right side. But, there is nothing left on the right and nothing is right on the left.”
“Raj Thackeray is ready to allow non-Mumbaikars to stay in the city, but it would be mandatory for them to invest in the stock market.”
“Bankrupt allowed to return to their native place without ticket, says Railway Minister Lalu Prasad; Bankrupt to be given imported wheat free on ration: Agriculture Minister Sharad Pawar; Stock market losses to be treated as tax deducted at source: Finance Minister P Chidambaram.”
“Blockbuster ‘Saare Zameen Par’ (everyone bites dust) enters into 10th straight month at BSE and NSE multiplexes.”
“When the Sensex was at 21,000, the stock of a single real estate company was ruling close to Rs 1,500. Today, you can get entire sector for the same price and with Lehman Brothers having invested in the sector, further bargain is expected.”
“Iceland being auctioned on eBay at a starting price of 99 pence.”
British Prime Minister Gordon Brown tried his hand at such humours. While giving a speech in London, he quipped on hearing a mobile phone ring, “I don’t know if another bank has fallen.”
Taking a dig at government’s rescue packages:- “All sports stadiums in USA currently named for banks, insurance companies, or financial institutions will have to be renamed “Federal Reserve Park.”
“Markets are the places where two types of people meet up in the morning: those with experience and those with money. Towards the end of the day, they exchange their assets and go home.”
“There used to be bulls and bears in the market, now every one is a plain old ass. ”
“Another one defines P/E ratio as the percentage of investors wetting their pants as the market keeps crashing. ”
“The market may be bad, but I slept like a baby last night. I woke up every hour and cried,”
“October is one of the peculiarly dangerous months to invest in stocks. The others are July, January, September, April, November, May, March, June, December, August and February.”
“How many stockbrokers does it take to change a light bulb? Answer is two — One to take out the bulb and drop it, and the other to try and sell it before it crashes.”
————————————————————————————-
A buyers guide to LCD TV
Sunday, October 5th, 2008CRT TVs are going to be history soon…the only thing that is stopping LCD/Plams TV in taking over the market is the huge price tag that come associated with it. But, sooner or later, with the competition in this sector increasing and more and more people going the LCD way, manufacturers will start earning on volumes rather than margins.
I came across an article on indiatimes infotech on things to consider while buying an LCD TV. I agree with all of it. Apart from all that the article mentions, I would also like to stress the importance of research on the warranty the TV comes with and the cost of repairing it if something goes bad.
Here is the article:-