Rediff has published this article....I am happpy that this article atelast gives some insight. However, it is still incomplete.....Does not talk at all about making calculations for profit management and investing. A better one to go through would be the following:
RE:Atlast....something
by Anni G on Aug 07, 2007 01:38 PM
They are amazing articles... Actually, the best among them and the most relevant on is:http://invest-n-trade.blogspot.com/2007/07/buying-insurance-policies-and.html
If money making is the smartest thing in the world , then Harshad Mehetha and Dawood Ibrahim should be the smartest people to have ever lived in this country . I have no problem with the article to be represented as art of money making , but to say those who do not have money is dumb is completely illogical and shows the short sightedness of the author . Because as this logic goes Gandhi and Netaji with other freedom fighters are dumbest people in the world who wasted their life for a cause . So kindly be careful in choosing your words .
RE:Smartness = money grabbing
by anand chavan on Aug 07, 2007 02:01 PM
Dumb here does not mean that a person is brainless, dumb here means dumb in finance matters which i guess is the case with lot of people not from finance background.. pls do not misinterpret the article and dont get emotional ... its not about philosophy..its abt finance...
RE:Smartness = money grabbing
by Shobhit Kumar on Aug 07, 2007 04:14 PM
Its not sayng that ppl without money are dumb. Think of money as a notion here, as a symbol of valuable entities. if u have read carefully, u will see that its not only bout money, its also about old cars, stocks etc.
RE:Smartness = money grabbing
by Harsha B on Aug 07, 2007 02:36 PM
The article does not say that "who do not have money is dumb ". Its applicable only for investors (or who want to control their finances), who can either be dumb or smart investors.
RE:Smartness = money grabbing
by Vimal Kumar on Aug 17, 2007 04:30 PM
Hey Kishore, The title says it all...Read it as "Why SMART people make DUMB MISTAKES" Does that Answer your concern ? It is about SMART people making mistakes that seem dumb.
RE:Smartness = money grabbing
by PRAVEEN GUPTA on Aug 07, 2007 02:37 PM
Gandhi was not dumb but great politician who used public emotions to the fullest...
RE:Smartness = money grabbing
by on Aug 07, 2007 03:01 PM
I think you should re-read the article and try to understand its essence, which you seem to have missed completely.... Your comment seems totally unrelated...
Good article, especially the dumb & smart sign; but mind you, all investment decisions made by the person with certain characteristics - risk taking or low risking or no-risk taking abilities; more than that one should study the ROI profile, look in liquidity & safety of the instrument invested. I SUGGEST REDIFF SHOULD RUN SOME ARTICLES WHICH INTERESTS THE BLOGGERS LIKE US.. DO SOME SURVEY... any supporters - speak up
Well there are cases of dumb people doing dumb things like buying big & then selling too quickly at loss ... Unfortunately these dumbos do not consider issues like affordability, budgeting, basic mental accounting ...lack of grey cells of course.
