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STOCK MANTHAN : The Hunt for Multi-Bagger Stocks

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CA NITIN SHARMA

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“Equity market investments are not risky at all. But people opt riskier ways to meet their goal for wealth maximization through stocks, and this results in wealth deterioration rather than creation. Either by investing directly in stocks or listing their companies in the stock market, almost every billionaire has been able to create enormous wealth. Then how can the stock market be risky? The path opted by retail investors is often risky and not the market.”

InvestmentInvestingStock MarketValue InvestingShare Market
Book:STOCK MANTHAN : The Hunt for Multi-Bagger Stocks
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“A democracy cannot exist as a permanent form of government. It can only exist until the voters discover that they can vote themselves largesse from the public treasury. From that moment on, the majority always votes for the candidates promising the most benefits from the public treasury with the result that a democracy always collapses over loose fiscal policy, always followed by a dictatorship. The average age of the world's greatest civilizations has been 200 years. These nations have progressed through this sequence: From bondage to spiritual faith; From spiritual faith to great courage; From courage to liberty; From liberty to abundance; From abundance to selfishness; From selfishness to apathy; From apathy to dependence; From dependence back into bondage.”

DemocracyFiscal PolicyFederal Spending
Author:Alexander Fraser Tytler
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“Thank you. Since we decided a few weeks ago to adopt the leaf as legal tender, we have, of course, all become immensely rich. [...] "But we have also," continued the management consultant, "run into a small inflation problem on account of the high level of leaf availability, which means that, I gather, the current going rate has something like three deciduous forests buying on ship's peanut." [...] "So in order to obviate this problem," he continued, "and effectively revalue the leaf, we are about to embark on a massive defoliation campaign, and...er, burn down all the forests. I think you'll all agree that's a sensible move under the circumstances.”

Fiscal Policy299
Book:The Ultimate Hitchhiker’s Guide to the Galaxy
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“Ignored in the self-laudatory commentary about the stock market’s performance were other less positive facts. The Karachi Stock Exchange’s market capitalization in 2016 stood at a meagre $89 billion, which compares unfavourably with the $320 billion capitalization of the Dhaka Stock Exchange in Bangladesh.”

PakistanStock ExchangeBangladesh Dhaka
Book:Reimagining Pakistan: Transforming a Dysfunctional Nuclear State
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“The latest of these exponentially growing parallel universes is the world of the Internet and the global information systems. Here too, the irresistible growth, the outgrowth of information, could be posted up in real time in terms of millions of individuals and millions of operations - that information now so extensive that it no longer has any connection with the acquisition of knowledge. As of now, we can say that this immense potential will never be redeemed, in the sense of a use or purpose ever being found for it. Things here, then, are exactly as they are with debt: information is as inexpiable as debt, in the sense that we shall never be able to settle our account with it. Moreover, the storage of data, the accumulation and worldwide circulation of information, in every respect resemble the build-up of an irremissible debt. And, here again, as soon as this proliferating information far exceeds the needs and capacities of the individual and the species in general, it has no other meaning than to bind all humanity in a single destiny of cerebral automatism and mental underdevelopment. For it is clear that, though a certain dose of information reduces our ignorance, a massive dose of artificial intelligence can only convince us of the failings of our natural intelligence and plunge us deeper into them. The worst thing in a human being is to know too much and not to be equal to one's knowledge. It is the same with responsibility and emotional capacity: the media, by perpetually assailing us with violence, misfortune and catastrophe, far from firing some kind of collective solidarity, merely demonstrate our real impotence and plunge us into panic and remorse.”

MediaInternetStock Exchange
Book:Screened Out
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