Hi Friends,
Good Morning...
Today's Word:
vibrissa(n): Syn: 1 : one of the stiff hairs that are located especially about the nostrils or on other parts of the face in many mammals and that often serve as tactile organs 2 : one of the bristly feathers near the mouth of many and especially insectivorous birds that may help to prevent the escape of insects E.g: The manatee’s prehensile lips are studded with vibrissae that it uses to discriminate between food plants and also to manipulate those plants.
Term of the Day - Payout Ratio :
Percentage of a firm's earnings paid as dividends to stockholders (shareholders), it indicates how well the firm's earnings support dividend payments. Lower this percentage, more secure the dividend payment. Also called dividend payout ratio.
Joke:
Father: My dear son, Why your mummy sitting so silent??? Son: Nothing dad, Mom asked lipstick, but i gave fevistick. That's all..
Today's investing mantra
"The critical investment factor is determining the intrinsic value of a business and paying a fair or bargain price." - Warren Buffett
Today's Quote:
"We always feel that Life of others is Better than Us... But we always forget that we are also 'others' for someone else..."
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Thanks & Regards,
Murali Sankar S
"A Good Plan of Today is better than Great Plan of tomorrow's." you can See my daily GM in http://muralisankars.blogspot.com/
This e-Mail may contain proprietary and confidential information and is sent for the intended recipient(s) only. If by an addressing or transmission error this mail has been misdirected to you, you are requested to delete this mail immediately. You are also hereby notified that any use, any form of reproduction, dissemination, copying, disclosure, modification, distribution and/or publication of this e-mail message, contents or its attachment other than by its intended recipient/s is strictly prohibited. Visit us at http://www.polaris.co.in
Hi Friends,
Good Afternoon...
Today's Word:
Whilom(adj): Syn: former E.g: His fatal miscalculation, however, might be his personal attacks on his whilom friend.
Term of the Day - Systematic Investment Plan :
A program that allows an individual to have a set amount electronically transferred from one account to another at a specified frequency. Examples include stock and mutual fund reinvestment programs, defined contribution plans, mutual fund contribution programs, and automatic withdrawal plans. also called automatic investment plan.
Joke:
Patient: Doctor, It's very Cool here. Please switch off the A.C. Doctor: Operation theatrekae ipdi sonna, Mortuary la yepdi irukka porigala ??? Patient: !!!
Today's investing mantra
"It is absurd to think that the general public can ever make money out of market forecasts." - Benjamin Graham
Today's Quote:
"If people are trying to pull you down do not despair and feel bad. In fact, be proud about it! Because it only confirms that you are above them."
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Thanks & Regards,
Murali Sankar S
"A Good Plan of Today is better than Great Plan of tomorrow's."
This e-Mail may contain proprietary and confidential information and is sent for the intended recipient(s) only. If by an addressing or transmission error this mail has been misdirected to you, you are requested to delete this mail immediately. You are also hereby notified that any use, any form of reproduction, dissemination, copying, disclosure, modification, distribution and/or publication of this e-mail message, contents or its attachment other than by its intended recipient/s is strictly prohibited. Visit us at http://www.polaris.co.in
Hi Friends,
Good Afternoon...
Today's Word:
Foppery(n):
Syn:
1: foolish character or action : folly
2: the behavior or dress of a fop
E.g: There was certainly no harm in his travelling sixteen miles twice over on such an errand; but there was an air of foppery and nonsense in it which she could not approve.
Term of the Day - Convertible hedge :
An arbitrage strategy which involves buying a convertible security while simultaneously selling short the same company's common stock.
This strategy involves identifying stocks that are mispriced by the market, shorting the stock and buying a convertible security issued by that company. Having sold the stock short, the investor puts proceeds in an interest-bearing account.
If the stock price stays the same, then the investor will earn interest on the short sale proceeds and interest on the convertible security, while paying fees to the lender of the stock. In most cases, this situation will lead to a positive net cash flow.
If the stock price rises, then the investor gains on the convertible stock, but loses (hopefully a smaller amount) on the short sale position.
If the stock price falls, the price of the convertible falls, but the value of the convertible will never fall below the value that an ordinary bond issued by the company would have. On the other hand, the investor makes a gain on the short position (hopefully more than the amount lost on the convertible).
A convertible hedge is considered a relatively safe strategy, but choosing which ones to pursue is complex and so convertible hedges are done primarily by professional investment managers who are supported by powerful analytical tools.
Joke:
Five-year-old girl was asked by her teacher
Teacher: what does your father does?
Girl: whatever my mom tells him to..
Teacher: !?!
Today's investing mantra
"There's no reason we should become fearful if a stock goes down. If a stock goes down 50%, I'd look forward to it. In fact, I would offer you a significant sum of money if you could give me the opportunity for all of my stocks to go down 50% over the next month." - Warren Buffett, 2008 Berkshire Hathaway shareholders meeting
Today's Quote:
"'I Love Photos' - Because the best thing about them is that, it never changes, 'Even when people in it do change.' " - Shakespeare
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Thanks & Regards,
Murali Sankar S
"A Good Plan of Today is better than Great Plan of tomorrow's."
Hi Friends,
Good Afternoon...
Today's Word:
Luscious(A):
Syn:
1: having a delicious sweet taste or smell
2: sexually attractive
3 a: richly luxurious or appealing to the senses b: excessively ornate
E.g: The luscious aroma of freshly baked apple pies drifted from the open window of the farmhouse kitchen.
Term of the Day - Weighted Average Maturity :
The average maturity of all mortgages held in a mortgage-backed security. It is calculated by taking the value of each mortgage, dividing it by the total value of all mortgages (which finds the weight), and then multiplying that value by the number of years left on the mortgage.
For example, a mortgage-backed security comprised of a Rs.5000 note due in 2 years and a Rs.2000 note due in 3 years has a weighted average maturity of (Rs.5000/Rs.7000)*2 + (Rs.2000/Rs.7000)*3, or 2.28. A high WAM means that the mortgages comprising the security will not mature for a long time.
Joke:
Father: How do you like going to school?
Son: The going bit is fine, as is the coming to home bit too.. But I'm not to keen on the time in between
Today's investing mantra
"Some people seem to think there's no trouble just because it hasn't happened yet. If you jump out the window at the 42nd floor and you're still doing fine as you pass the 27th floor, that doesn't mean you don't have a serious problem. I would want to address the problem right now." - Charlie Munger
Today's Quote:
"See the clock only when you have no work... Don't see the clock when you are working.. Clock is Lock for Success."
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Thanks & Regards,
Murali Sankar S
"A Good Plan of Today is better than Great Plan of tomorrow's."
Hi Friends,
Good Morning...
Today's Word:
Defalcation(n):
Syn:
1: the act or an instance of embezzling
2: a failure to meet a promise or an expectation
E.g: 'She made off with the money, an act of defalcation that disqualifies her from receiving a bankruptcy discharge,' the judge ruled.
Term of the Day - Blend fund :
A mutual fund whose assets are composed of a combination of stocks, bonds, and money market securities, rather than just one or two of these asset classes. This enables investors to diversify their holdings with a single fund. Since blend funds vary considerably in composition is difficult to make generalizations about their performance or risk level, but usually they are somewhat less risky than stock mutual funds and somewhat more risky than bond funds or money market mutual funds. also called hybrid funds.
Joke:
Teacher: How old is your father?
Boy: As old as me.
Teacher: How can that be?
Boy: He became a father only when I was born.
Teacher: ?!?!
Today's investing mantra
"If you are a know-something investor, able to understand business economics and to find five to ten sensibly priced companies that possess important long-term competitive advantage, conventional diversification makes no sense for you." - Warren Buffett
Today's Quote:
"If anything is worth trying at all, It's worth trying at least 10 times." - Art Linkletter
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@ Thanks & Regards,
Murali Sankar S
"A Good Plan of Today is better than Great Plan of tomorrow's."
Hi Friends,
Good Morning...
Today's Word:
Flounder(v):
Syn:
1. To struggle to move or obtain footing : thrash about wildly
2. To proceed or act clumsily or ineffectually
E.g: I'm not so sure they actually know what they are doing. They appear just to be floundering about
Term of the Day - Long-Term Capital Gains Tax :
Often, profits on capital assets held for 12 months or longer are taxed at a favorable (lower) rate. This tax rate is known as Long-Term Capital Gains Tax.
Joke:
A boy called FM Radio & said: I found Wallet with Rs.15000/- and Id of Mr. sharma!
RJ: You want to return his wallet?
Boy: Oye, I want to dedicate him a sad song.
Today's investing mantra
"Of one thing be certain: if a CEO is enthused about a particularly foolish acquisition, both his internal staff and his outside advisors will come up with whatever projections are needed to justify his stance. Only in fairy tales are emperors told that they are naked." - Warren Buffett
Today's Quote:
"The Maximum time you will have to spend in your life is with yourself, So make yourself as Interesting as possible."
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Yours
Murali........
