I always liked to use this line “It requires a complicated mind to think of simple things”. Of course one needs to add that a thing is simple does not mean it is easy to do. Like giving up smoking, or if you are a pace bowler bowling on or around the off stump. Look at the difference between McGrath and Ajit Agarkar.
Similarly getting rich is about a rich mindset. Like realising the power of small numbers. Like making a choice between a narial pani (coconut water) and a coffee at Barista (Cafe Coffee Day for the hoi polloi?). For example if you smoke cigarettes worth Rs. 80 a day, over 30 years you have STOLEN Rs. 4 crores from your retirement plan (of course if you smoke that much you may not need a retirement plan, but think of your wife and kids). Or a Barista coffee @ Rs. 100 a day could be stealing you off a similar amount.
I am not a commie pig as an American would like to call me..but the health (and wealth) damage that we are doing to ourself is immense. The amount of maida, corn, sugar water, chewing gum, salt, other chemicals that we are buying at super inflated prices, the amount of management fees we pay to American banks and American funds, the usurious rates at which we borrow from the same banks…is mind boggling.
Long live America. LOng live subprime. For most American banks the only hope of recovering from the subprime losses is by aggressive selling to Indians. Long live Indians – especially if they are named Vikram Pandit!
Subramoney 