Wednesday 30 September 2015

ONE-LINER Motivational Quotes...

Sharing some of my favourite ONE-LINER Quotes (in no particular order):

Source: Internet
If you are NOT happy here and NOW, you NEVER will be.

We make a living by what we get. We make a life by what we give. ~ Winston Churchill


Being RICH is having MONEY. Being WEALTHY is having TIME.

Life is 10% what happens to you and 90% how you react to it.

The only person who have a right to judge you is YOU.

DO Less, BE More

If you’re not part of the solution then you’re part of the problem.

If the only prayer you say is “thank you”, that is enough.
Our attitude toward life determines life's attitude towards us-J.Mitchell
It’s not how much we give but how much love we put into giving-Mother Teresa

Zindagi badi honi chahiye, lambi nahi.

Do something for somebody everyday for which you do not get paid

The PURPOSE of our lives is to be HAPPY-Dalai Lama

The real measure of your wealth is how much you’d be worth if you lost all your money.

I’m rich by the things I can live without-Mahatma Gandhi

Source: Me J
Your life is too short for your EGO..Let it GO...

be easy and live easy

I am one of the luckiest person in the world ..like you..

Laugh at You Even if Impossible...Laugh at Others Only if Permissible.

Never Look a Person’s Action. Instead Look his Intention.

HUG EVERYONE BUG*NONE
 *Annoy-Distress

Give MORE, Expect Less

ENJOY NOW (ABHI KO JIO)



Pl do share your favourite One-liner Quote in comments section....

Enjoy NOW!
Pawan Kabra


Friday 11 September 2015

From Rs.10,000/- to Rs. 650 Crores...TRUE-INSPIRING STORY related to Power of PATIENCE & CONVICTION....

No..No..It’s not about life story of Mr. Buffet or Mr. Jhunjhunwala or other such great Value Investor..

Today’s email relates to Interesting, True and Inspiring story of a common man (actually 2 common men)...

But, first tell me have you watched “The Shawshank Redemption” (an American Drama Movie released in 1994)?

In this movie (considered as one of the best films of all time), the hero was sentenced 20 years’ imprisonment. In the prison cell, the hero used to dig the (stack) wall of Jail compound with help of little hammer consistently. His daily output was just fistful of wall debris but he was having great perseverance. In this way he literally dug a 4.46 metre long* tunnel in period of 17 long Years and escaped through it.

(*Actually, exact length not disclosed in movie but one person who watched this movie tried to calculate it in his ways & assumptions. Check his calculation working at https://yamaloka.wordpress.com/2010/09/06/shawshank-redemption-the-tunnel-length)

When I watched this movie few days back, I thought it’s just a movie..how much patience a man can have...no one waits so long for results in today’s fast paced life..Nothing such happens in real life.

But as said Human being is the best Creation of God and Nothing is impossible for him (her).

So, now we meet our Ist common man of today’s mail. He was (Late) Mr. Dashrath Manhji (https://en.wikipedia.org/wiki/Dashrath_Manjhi)

Mr. Manjhi, on whose life bollywood movie was released last month, was a labourer from Bihar, India. He did the almost same type of “magic”.. actually hundred times Bigger Magic than abovementioned movie hero’s. He cut the mountain which was barrier for his villagers using his hammer & chisel and made 360 ft long and 30 feet wide path in 22 TOIL FULL YEARS. Yes, you guessed right. No Govt or other help and No use of other tools except hammer & chisel. The Mountain Man (popularly known name for Manhji) was given state funeral by Bihar Govt and the govt also proposed his name for Padam Shree Award in 2006.
For more..just Google or click above link.

Now, you must be thinking my subject relates to Money/Wealth and I am talking here about movies.
Wait...What next I am going to share with you is also like a movie...but 100% true & Inspirational for Long-term Investors and Supporters of Value Investing and who follow Warren Buffet Ideology.

Here is our 2nd Common Man...Mr.  Mohammed Anwar Ahmed, aged 62 years from Amalner, Maharashtra, India who personally & literally broke “Mountain of Poverty” & accumulated huge wealth in 34 odd years 

THE BACKGROUND 

It was year of 1980. Young Ahmed, aged 27 years inherited Rs. 20,000/- after his father’s death. Coincidently he met one Mumbai Broker who was there to sell shares of newly set up vegetable oil company (Yes, Wipro was Vegetable Oil Maker at its start).Due to help provided by Ahmed in selling shares, the broker offered 100 shares having FV of Rs. 100 each for Rs. 10,000/- and luckily he accepted this offer and thus invested Rs. 10,000/- in this promising company.


THE JOURNEY TO WEALTH 

After buying 10,000/- shares, Ahmed started to think himself as Wipro’s owner in part (and rightly so as shares are not just piece of papers or entries in D-mat A/c but Share in Business/Ownership in Company) and vowed that he will NEVER sell a single share of WIPRO till Mr. Azim Premji is there.

Now, see the power of this ultimate FAITH in Business & Management and PATIENCE to hold this investment through all the ups-downs-scams of Indian Share Market:

Let’s us first see how his 10,000 shares became 96,00,000 shares (yes, you read it right 96 Lacs shares in number) without buying any further single share.

Source:
http://www.wipro.com/investors/faqs/#q13-DIVIDNED

In 1980, the company declared a 1:1 bonus. He now had 200 shares.
In 1985, the company declared 1:1 bonus. Now, 400 shares.
In 1987, the company declared 1:1 bonus. 800 shares in his name.
In 1990, the company split the share to Rs.10. He thus had 8000 shares.
In 1990, the company announced a 1:1 bonus. 8,000*2 = 16,000 shares.
In 1992, the company declared a 1:1 bonus. Shares doubled again, 32,000 shares.
In 1995, the company declared a 1:1 bonus. Again doubled,  64,000 shares now.
In 1997, the company declared 2:1 bonus. He now held 1,92,000 shares.
In 1999, the company split the share to Rs.2. 1,92,000*5= Now 9,60,000 shares.
In 2004, the company declared 2:1 bonus. He thus had 28,80,000 shares.
In 2005, the company declared 1:1 bonus. He came to have 57,60,000 shares.
Latest bonus declared by WIPRO was in 2010. Ratio was 2:3.
So, by end of 2010, he owned 96,00,000 shares of WIPRO.

Now, his wealth calculation is simple. The current market price of WIRPO is Rs.555.90** per share (As on 04.09.2015). The shares are valued at Rs.533.66 crores.
(** Can’t ignore even 0.90 i.e. 90 paise from share price as this Paisa also contribute Rs.  86.40 Lacs-a very huge & handsome amount for today’s investors/traders)

Now, “Sone Pe Suhaaga” Part of this story..

Over the past years, the company regularly paid out dividends and increased them almost every year. Cumulatively he received more than Rs.119 crores as dividend over the past 33 years.

THE PRESENT

Thus Rs.10,000/- investment converted into minimum of 533+119 = Rs 652 Crores.

Mr Ahmed is now retired (Ooh..Whether such investor need to work..Yes.. to keep body & mind fit and not for his daily bread-butter & monthly bills) and donates freely to charity from the dividends he receives. His “foreign educated” children often advice him to sell the shares but he has kept his vow of not selling a single share till Mr.Azim Premji is the working Chairman.

Huuhhh....

What a true & inspiring story related to Patience...Conviction....Faith....

Really, if a person has Enormous Patience and Indispensable Faith over his decision & has CONTROL over Emotions like FEAR & GREED, he can be very Successful in EVERY FIELD of Life including Stock Markets.

“Have Conviction. Be Patient. Your Patience may be tested, but your conviction will be rewarded”- Rakesh Jhunjhunwala [Big B of Indian Stock Market (Big Bull)]

Also See:
http://www.moneycontrol.com/news/business/amalnercitymillionaires-thanks-to-wipro_331113.html




Enjoy NOW!
Pawan Kabra