Tight-fisted tycoons further pummel down fees. “India is always price sensitive, whether you have to buy our own dress or whether you have to pay for your investment banking. So you can’t live in the hope that fees will be huge. This will never be China . . . you need to offer the best bang for the buck.”-said Kaku Nakhate, BofA president in India
“Bull markets are born on pessimism, grow on skepticism, mature on optimism and die on euphoria.”-John Templeton
“You have driven everybody round. From day one restraint was ours.You indulge too much in hide-and-seek. We cannot trust you any more,” the Supreme Court Bench said, adding, “there is no escape for you and the money has to come.”-from BL
“If you drill down on any success story, you always discover that luck was a huge part of it. You can’t control luck, but you can move from a game with bad odds to one with better odds. You can make it easier for luck to find you. The most useful thing you can do is stay in the game. If your current get-rich project fails, take what you learned and try something else. Keep repeating until something lucky happens. The universe has plenty of luck to go around; you just need to keep your hand raised until it’s your turn. It helps to see failure as a road and not a wall.”-wrote Scott Adams
There is a folk adage: in good times Lakshmi walks towards us and Saraswati moves away from us while in bad times Saraswati walks towards us and Lakshmi moves away from us. -by Devdutt