Mr.X suddenly remembered with a start that he had completely forgotten about a 'safe' investment he had made a couple of years back. He visited the office of the நாலெழுத்து fund company to discover that the difference between the current value and cost value could easily buy an old Bullet or two second hand. Mr.X while waiting for his statement noticed that they were having a Deepavali celebration of sorts in the office - most of the guys were wearing silk veshtis and there was one even dressed as a மடிசார் மாமி. Handing over the account statement, the guy said "சார் மார்கெட் யாருமே predict பண்ண முடியாது சார்". Mr.X nodded and wondered what they were celebrating - blowing away crores of investors money, especially those of Idiots like him.
In the evening Mr.X noticed a well known talking head on TV dishing out advice - "Invest in type X funds which are safe", exactly the same kind of investment that Mr.X had made. That was said without any riders or caveats, with two of the country's top fund managers nodding in agreement. One of the managers even added that whatever you hear on TV should not be believed.
Mr.X has decided to cut back. You might hear him saying, எங்க பாப்பா அந்த லக்ஷ்மி வெடிய இங்க குடு, அந்த திரிய நான் பிச்சு தரேன் ...
Sunday, October 26, 2008
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