iCharts Discussions

[vishvesh2001]

May be in dumps today. But what is the solution. Do we want Doctors. engineers and civil contractors to do accounting and accountants to treat patients and construct building,

Please help in cleaning the system, Too much of greed with the business heads and to be more and more competetive leading to unethical business practices has lead to this situtation


Cheers

[ajayhkaul]

[STEPUP]

The question is "Who is ready for the TRUTH".

Ajayji , u remember the song from 3IDIOTS - ALL IZZ WELL .

Jab life ho out of control
Honthon ko kar ke gol
Seeti bajaa ke bol

Aal izz well

Murgi kya jaane ande ka kya hoga
Arre life milegi ya tawee pe fry hoga
Koi na jaane apna future kya hoga. .

In Indian Industry there is a saying "THE BEST PLACE OF INVESTMENT ON EARTH IS THE EARTH ITSELF".

[rk_a2003]

If we fail to identify the root cause, it will be a futile exercise analyzing the part of the issue. The basic problem with this production system is it's entire dependence on Demand-Supply and it's all out efforts to destruct the very Demand. This is the great irony of today’s world order.

How come a system can survive on such a policy? Great dependence on one factor and keep on destructing that very core factor and still expect to grow.

Till this paradox is resolved there is no escape for us. The society and the markets will move from crisis to crisis, widening the gulf between countries, societies, nations, and people; increasing irrationalities in every aspect of life. History is announcing it time and again. Shall we listen to it or not?..... Up to us!

All other issues are byproducts of this basic issue and byproducts of the attempts to tinker it without addressing the root cause.

[vinay28]

finance guys should only do what they are supposed to do and that is provide a support by "managing" money given to them to support business by provinding money supply and give opinion to CEO on all financial issues. Let CEO do his job. CEO means FM or PM also. I have seen CFOs enforcing cost cutting on their own (and CEOs not objecting to it). How can they? They know nothing about business

[psalm]

These talks remind me of the narration from the movie, "The Gods must be crazy",

[rk_a2003]

“Civilized man refused to adapt himself to his environment……. But he didn't know when to stop. The more he improved his surroundings to make life easier... ...the more complicated he made it. Now his children are sentenced to to years of school, to learn......how to survive in this complex and hazardous habitat.”

Well said Sam. The modern societies never realized that they are part of the nature they always tried to boss on the nature. How can we expect such a scientific attitude from a society which treats their own people like dirt?

Tribals societies are much more scientific in treating their own people and in interactions with nature.

[SwingTrader]

Seriously....what is the point of all this discussion on a technical charting website's forum? Is this just time pass or are you ever going to get to any actionable trading/investing ideas? Until now I think this content seems to be regular chit chat fit to be moved to the chit-chat forum.

Or maybe I am too dumb to understand the hidden trading/investing ideas being discussed here.

[psalm]

[SwingTrader]

[amitkbaid1008]

[ajayhkaul]

Sometimes we take off on a tangent ....

Reverting back to the topic:


Mark-to-market losses need to be reported. But India's ministry of company affairs has given borrowers a breather on the deadline, allowing them to stagger losses in their accounts over a period up to March 31 2020. This deadline was extended from March 31 2012, and relates to forex-related losses incurred since December 2006.

Stock pickers be wary of companies with such 'financial engineered' debt.

[vishvesh2001]

Ajay ji . Sorry for using this forum for discussions other than investments But I can't help.

Your comment:

"With few exceptions , only students at the bottom of the class take up arts and commerce. I have yet to come across any class topper take up commerce( there are exceptions though) "

is more than enough to prove what kind of society we are in. People would choose what he or she is good at and it depends on the genes they carry at most times. It is a social stigma to adopt commerce or arts and this stigma makes people take up science and collapse buildings and bridges and murder patients in hospitals and they could also be toppers in their classes throughout ( I am not sure whether school/matriculation is a real indicator of brilliance ( Eg Bill gates in Tech, Rajnikanth in Movies ). Probably these so called toppers in classes do not stand in competition with the brilliant guys around the world ( whether it is science, arts or commerce graduates ) and their unsuccessful attempts make them to collapse anything on their way be it finance, buildings or patients.

Let me change your statement to saying that teachers and parents should encourage students to take up what they are good at rather than classifying them under a quadrant of science/brilliance and commerce/not brilliant. This clear reflects in the divisional and egoistic tendencies of our Indian Society

Any further thoughts

[ajayhkaul]

Vishvesh2001... well said. I can see you are passionate about education system.

However , we can extend this discussion in another thread, if you like , else this thread will be digressing from the real purpose ie economic situation and investment opportunities/trading possibilities arising therefrom.

[amitkbaid1008]