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A known tussle all over. All of us everyday in some form or the another ask this question: Quantity vs Quality. Let me put few of them to you here:

  • My job profile is not good but they are paying me handsome. Quality vs Quantity.
  • At grocery store, the quality of food may not be good but they are offering me a discount.
  • I may not have genuine friends around but I boast of 2000+ friends on facebook.
  • Hire IITians though there may be better candidates from some general college.
  • Company xyz boasts of xxx number of employees but with no job satisfaction amongst the employees.

These are very general circumstances with no boundary to the list. I am sure once we start looking around us, we will see a lot of such circumstances around. Personally, I have experienced some of them. In fact, I have been a victim of quantity over quality and the quantity always won the war of quantity vs quality in my case till I refused to allow it win anymore. I can say that I have been decently successful in my motive. But time and again, quantity tries to empower quality. It tried once again when I tried attempting “post a day” campaign of wordpress. But I realized that my time does not allow me write daily and if I could fall into the trap again.

I apologize but I have decided to pull out of the campaign of “post a day”. And my reason is simple. I would like to continue writing and try to put my views in more concrete way rather than copy pasting some random information. Th idea of this blog is to share my thoughts and not put any global information that is available. I would like to generate genuine interest in my readers and I am happy if I could trigger a thought into my readers and compel them to think about the happening sin their surroundings. We are the generation of 21st century and let us drive the notion of free speech. Let quality win over quantity.

So, today when you go back from reading this post, please ask yourself how many times and what are the things where you have let quantity won over quality. I, strongly, urge you to break this barrier of ¬†life and follow quality over quantity. Please subscribe to the feeds to continue reading this blog because I am no more attached to “post a day” campaign. I assure you that I will continue to keep utmost personal and spread my thoughts through you.

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    I am going to keep this post short and crisp. I returned from my trip today and I am extremely tired. but as I have committed to one post a day, I am trying to pass a nice website that one of my colleagues, Roshan, shared with me today. Personally, I enjoyed going through the page and I hope you would like it too ūüôā Some of the posters are really very sarcastic and one should be careful of using them.

    http://www.pdffun.com/

    Enjoy ūüôā

    Disclaimer: The link provided above is just for fun and I have no responsibility of developing or in relationship with anyone reproducing the same in the office premises.

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    Today, one of my friend, Anjali Gupta, posted a link to an article on twitter. I loved it so much that I could not resist myself from posting the a short note on it here on my blog. I am sure all of us somewhere deep down the line, will feel the same if we sit down to analyze our own life. The scenario is:

    At the beginning of the day, faced with an overflowing inbox, a list of messages on your voicemail, and the to-do list from your last meeting, it’s tempting to want to ‚Äúclear the decks‚ÄĚ before you start on your own most important work. By the time you finally settle down to your own work, it could be mid-afternoon, when your energy has dipped and it’s hard to focus on anything properly. ‚ÄúOh well, maybe tomorrow will be better,‚ÄĚ you tell yourself. But when tomorrow comes round there’s another pile of emails, phone messages, and to-do list items. If you carry on like this you will spend most of your time on reactive work, responding to incoming demands and answering questions framed by other people.

    So sounds familiar? Do you feel the same way what I felt when I read the article? I am sure most of us surely do. Honestly, I have found Internet, mobile phones, emails very annoying sometimes as I prepare myself for my next goal in hand. Forutnately, I have been able to bring these activites a hell lot down in last few months. No more online on gtalk, no more chit-chatting. Trying very hard to concentrate on my goal because that is the biggest priority of my life.

    The author cites the only solution to the issue at hand is: begin the day with creative work on my own top priorities.

    Some of the key strategies that the author cites to make the change are:

    1. Creative work first, reactive work second.
    2. Tune out distractions.
    3. Make exceptions for VIPs.
    4. Be really efficient at reactive work.

    I will, strongly, recommend all of you to go through this article in your free time if you are serious about your life and have a meaningful life.

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    Recently, I got an email from one of my friends and it really touched me. This post is going to be a question for all of us out here busy to make our marks in our own way without realizing how we might be affecting others life. I hope you will like the story as much as I did.

    A woman came home from work late, tired and irritated, to find her 5-year old son waiting for her at the door.

    SON: ‘Mummy, may I ask you a question?’

    MUM: ‘Yeah sure, what it is?’ replied the woman.

    SON: ‘Mummy, how much do you make an hour?’

    MUM: ‘That’s none of your business. Why do you ask such a thing?’ the woman said angrily.

    SON: ‘I just want to know. Please tell me, how much do you make an hour?’

    MUM: ‘If you must know, I make¬† $20 an hour.’

    SON: ‘Oh,’ the little boy replied, with his head down..

    SON: “Mummy, may I please borrow $5?”

    The mother was furious, ‘If the only reason you asked that is so you can borrow some money to buy a silly toy or some other nonsense, then you march yourself straight to your room and go to bed. Think about why you are being so selfish. I don’t work hard everyday for such childish frivolities. ‘

    The little boy quietly went to his room and shut the door…

    The woman sat down and started to get even angrier about the little boy’s questions. How dare he ask such questions only to get some money?

    After about an hour or so, the woman had calmed down , and started to think:

    Maybe there was something he really needed to buy with that $5 and he really didn’t ask for money very often.The woman went to the door of the little boy’s room and opened the door.

    ‘Are you asleep, son?’ She asked.
    ‘No Mummy, I’m awake,’ replied the boy

    ‘I’ve been thinking, maybe I was too hard on you earlier’ said the woman. ‘It’s been a long day and I took out my aggravation on you. Here’s the $5 you asked for.’

    The little boy sat straight up, smiling. ‘Oh, thank you Mummy!’ he yelled. Then, reaching under his pillow he pulled out some crumpled up bills.

    The woman saw that the boy already had money, started to get angry again.

    The little boy slowly counted out his money, and then looked up at his mother.

    ‘Why do you want more money if you already have some?’ the mother grumbled.

    ‘Because I didn’t have enough, but now I do,’ the little boy replied.

    ‘Mummy, I have $20 now. Can I buy an hour of your time? Please come home early tomorrow.
    I would like to have dinner with you.’

    The mother was crushed. She put her arms around her little son, and she begged for his forgiveness.

    In short,¬†It’s just a short reminder to all of you working so hard in life. We should not let time slip through our fingers without having spent some time with those who really matter to us, those close to our hearts. Do remember to share that $20 worth of your time with someone you love.

    If we die tomorrow, the company that we are working for could easily replace us in a matter of hours. But the family & friends we leave behind will feel the loss for the rest of their lives.

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    Well, I have been traveling a lot last couple of weeks. Started from Bangalore on 26th April and Returned back yesterday.
    There were a lot of train journeys, in fact all of them were quite tiring.
    I started off from Bangalore by Rajdhani Express to Delhi for a friend’s marriage, which was on 28th April. I caught the train with just few minutes in hand. Due to my crunch timing, I got asthma attack and unfortunately with no medicine, I had to bear it throughout my train journey. It took around 34 hrs to reach Delhi by Bangalore by the fastest running long distance train of the country.
    Even though I had my side upper berth confirmed, I had to exchange it for an old man to take up a still higher berth in the AC 3-tier coach.
    I reached Delhi on 28th morning and then, straightaway head to Modi Nagar, some 30 odd kms from Meerut. The arrangements were good but I needed good sleep so that I could stay awake in the night. After some initial ceremonies, I straight away came to the hotel and collapsed. After a sound sleep of 5 hrs, I started for the marriage. The hotel arrangement was really good and very relaxing and of course, I needed it the most especially after the tiring train journey.
    Garg, as I call him, and often known as Mr. Bean of our class was not ready at all. I have seen so many marriages where the groom used to be the limelight much before the marriage but it was really calm and quiet here. He took just about 20 min to get ready and I helped him out there and we were ready for the pooja before proceeding ahead.
    After the finish of the rituals, we started to the temple on the horse. Each time cracker burnt, the horse gets disturbed and so does our Bean. To some extent, I felt he got scared that he asked me not to light the crackers.
    Well, after seeking the blessings, we started off to the marriage place, which was about 1 km from the home. After so many dances along the road by the friends and relatives, we reached the marriage venue at about 9pm in the night. Everything was good here except the band walking with us. He was pathetic with the choice of the songs. Additionally, I did not like the idea of flaunting money every now and then while dancing (this is a personal opinion). Every time money was flaunted, some street children used to compete with the badn people to take that 10 rupee note.
    Well, the marriage venue was a farm house and Sonam’s family was too huge but at the same time kind heart ed and great to hold the marriage so lavishly. The food items were in plenty and everything from pizzas to rice, dal, juices, fruits, everything was available in plenty. I stayed close to Garg as he was almost alone after we reached there. It was almost around 12 am when the JayMala happened and I can tell you, it was one of the best I have seen till date. Revolving Platform added to the charm.
    After a flurry of photographs, the dinner happened around 1.30 am.
    The marriage ceremony started at around 2.30 am but by then, almost everyone had left the arena except close people like us and families. Now, though I like dancing, I could not make much out of the occassion basically I was down before I reached there, as mentioned earlier but I must say that I missed some golden chance to flirt with the sisters of Sonam (Sorry Bhabhi, did not mean to be -ve) but honestly, all of them were equally beautiful and smart. But I promise I will make the most next time on my visit.
    The ceremony ended at around 6am and we came back to home. After grahapravesh, I came back to the hotel and took off in an hour. I planned to start with Garg’s Mausi as they were also about to come to New Delhi to catch the train, though we had a time difference of around 4 hrs. Now, that was the toughest period for me. I will keep this marriage close to my hear due to two reasons: Uncle’s love and kindness to make me a part of their family each time cousins are called upon for every ritual and also Aunty’s lunch and gift during return time.
    My toughest time was in the station as not having slept and passing around 5 hrs, was a very tough task. I really struggled for those 5 hrs. I skipped the lunch so that it does not worsen my situation. The moment I boarded the train. ate my lunch and just slept. In fact, the TTE woke me up to verify the ticket and he immediately saw me off seeing my RED eyes probably.
    Anyways, this journey from New Delhi to Bhubaneswar, I just slept and slept like a hell. The next day I reached home.
    Now, here is the second part of the story. I got my tooth operated on Saturday and had to live on liquid for 2 days then.
    The pain is still there but it was an important one. So, now I am without my wisdom tooth on both sides but I hope my wisdom does not leave me at least for couple of years so that I can get the thing I want badly in my life.
    Well, I am back now to Bangalore and joined office. Have some work to do and catch on my pending tasks soon so as not to lose the momentum. All in all, I end this post wishing the newly wed couple Abhinav and Sonam a very great happy married life. And Sonam, feel free to touch base me for anything about Abhinav. I know almost everything.

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    My Life Rated


    This Is My Life, Rated
    Life: 4.9
    Mind: 5.9
    Body: 4.9
    Spirit: 5.4
    Friends/Family: 2.9
    Love: 2.1
    Finance: 7.7
    Take the Rate My Life Quiz

    I have no clue about this result because even I am confused.

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    The surgery


    This was my first surgery of life. I know I have a hell lot of abnormailites. My teeth come slanted instead of developing straight. I have a lot of in-flesh developments all thorughout my body, very similar to the some peope having the extra finger on their hand (Remeber Hrithik Roshan). My hair design on head is different and so does a hell lof things. I don’t like crowd and in general, people and I believe its true vice-versa too. I am too much into relationships too and I don’t believe in them also to some extent.

    Anyways, this post is about the operation that I went through on Saturday. The surgery lasted for almost 1hr and the doctor literallly drilled into my teeth as if like drilling the wall to nail. Hell lot of blood and severe pain, which I am having still. The x-rays actaully showed that my lower 8th tooth on both sides developed slanted, thus, developing into the bones and pushong the nearby tooth. The doctor removed the left hand side one on Saturday and wanted to do the same on the other side after 15 days, but I am skipping it for the time being as I will be returning to Bangalor this Sunday and will probably undergo the second operation after my GMAT.

    But the real question that comes to my mind is : Am I so abnormal that I don’t get anything that I want without suffering?

    Whatever be the case, my work is to struggle and work hard and turn all this unfavorable circumstances into favorable ones, which I am sure I can.

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    Wish you all my readers a very Merry Christmas.

    I am bit upset as I can’t stand to the fact of the difference in the Christmas last year and this year. But still I expect the next coming year will bring and give me everything that I am looking for.

    Just a simple request to Santa: As of now, I am in terrible state, feeling very low in my life. The whole life is in a rot but in no way, I am going to give up. I have been never been so bad to others. I have always tried to be nice and helpful to others but circumstances have made them something different. Please give me a chance to live my life and I promise that it just won’t be good for me but also for a whole lot bunch of people around.

    And guys, do watch out for my new year resolutions which I am determined to follow being having made up my mind to do so for the first time in my life.

    — Deepak

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    This is an awesome article and I just love it even though I read it a lot of time earlier too. Thanks to Times of India for this great article.

    Bob Richards, the former pole-vault champion, shares a moving story about a skinny young boy who loved football. Practice after practice, he eagerly gave everything he had. But being half the size of the other boys, he got absolutely nowhere. At all the games, this hopeful athlete sat on the bench and hardly ever got to play.

    The teenager lived alone with his father, and the two of them had a very special relationship. Even though the son was always on the bench, his father was always in the stands cheering. He never missed a game. The lad was still the smallest of the class when he entered high school. But his father continued to encourage him; he also made it very clear that he did not have to play football if he didn’t want to. The determined young man decided to hang in there… who knows, perhaps he’d get to play when he became a senior. All through high school he never missed a practice nor game but remained a bench-warmer all four years. His faithful father was always in the stands, always with words of encouragement for him.¬†

    When the young man went to college, he decided to try out for the football team as a “walk-on”. Everyone was sure he could never make the cut, but he did. The coach¬†admitted that he kept him on the roster because he always puts his heart and soul to every practice, and at the same time, provided the other members with the spirit and hustle they badly needed. The news that he had survived the cut thrilled him so much that he rushed to the nearest phone and called his father. His father shared his excitement and was sent season tickets for all the college games.

    The persistent young athlete never missed practice during his four years at college, but he never got to play in a game. It was the end of his senior football season, and as he trotted onto the practice field shortly before the big playoff game, the coach met him with a telegram.

    The young man read the telegram and he became deathly silent. Swallowing hard, he mumbled to the coach, “My father died this morning. Is it all right if i miss practice today?” The coach put his arm gently around his shoulder and said, “Take the rest of the week off, son. And don’t even plan to come back to the game on Saturday.” Saturday arrived, and the game was not going well. In the third quarter, when the team was 10 points behind, a young man quietly slipped into the empty locker room and put on his football gear. As he ran onto the sidelines, the coach and his players were astounded to see their faithful teammate back so soon. “Coach, please let me play. I’ve just got to play today,” said the young man. There was no way the coach wanted his worst player in this close playoff game. But the young man persisted, and finally feeling sorry for the kid, the coach gave in. “All right,” he said. “You can go in.”

    Before long, the coach, the players and everyone in the stands could not believe their eyes. This little unknown, who had never played before was doing everything right. The opposing team could not stop him. He ran, he passed, blocked, and tackled like a star. His team began to triumph. The score was soon tied. In the closing seconds of the game, this kid intercepted a pass and ran all the way for the winning touchdown.

    The fans broke loose. His teammates hoisted him onto their shoulders. Such cheering you never heard. Finally, after the stands had emptied and the team had showered and left the locker room, the coach noticed that this young man was sitting quietly in the corner all alone. The coach came to him and said, “Kid, I can’t believe it. You were fantastic! Tell me what got into you? How did you do it?” He looked at the coach, with tears in his eyes, and said, “Well, you knew my dad died, but did you know that my dad was blind?” The young man swallowed hard and forced a smile, “Dad came to all my games, but today was the first time he could see me play, and I wanted to show him i could do it!”

    Like the athlete’s father, God is always there cheering for us. He’s always reminding us to go on. He’s even offering us his hand for he knows what is best, and is willing to give us what we need and not simply what we want. God has never missed a single¬†game. What a joy to know that life is meaningful if lived for the highest. Live for him for He’s watching us in the game of life. ¬†

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    Recently, with the recession knocking at the doors and the global financial meltdown, Warren Buffet seems to be unaffected as he bought shares of Goldman Sachs and commented that if the market continues its run like no, he may have 100% equity in the US market. So, I present an article from rediff.com of Warren’s tactics:

    Back in 1999, Robert G Hagstrom wrote a book about the legendary investor Warren Buffett, entitled The Warren Buffett Portfolio. What’s so great about the book, and what makes it different from the countless other books and articles written about the “Oracle of Omaha” is that it offers the reader valuable insight into how Buffett actually thinks about investments. In other words, the book delves into the psychological mindset that has made Buffett so fabulously wealthy.

    Although investors could benefit from reading the entire book, we’ve selected a bite-sized sampling of the tips and suggestions regarding the investor mindset and ways that an investor can improve their stock selection that will help you get inside Buffett’s head.

    Think of stocks as a business
    Many investors think of stocks and the stock market in general as nothing more than little pieces of paper being traded back and forth among investors, which might help prevent investors¬†from becoming too emotional over a given position but it doesn’t necessarily allow them to make the best possible investment decisions.

    That’s why Buffett has stated he believes stockholders should think of themselves as “part owners” of the business in which they are investing. By thinking that way, both Hagstrom and Buffett argue that investors will tend to avoid making off-the-cuff investment decisions, and become more focused on the longer term.

    Furthermore, longer-term “owners” also tend to analyze situations in greater detail and then put a great eal of thought into buy and sell decisions. Hagstrom says this increased thought and analysis tends to lead to improved investment returns.

    Increase the size of your investment
    While it rarely – if ever – makes sense for investors to “put all of their eggs in one basket,” putting all your eggs in too many baskets may not be a good thing either. Buffett contends that over-diversification can hamper returns as much¬†as a lack of diversification. That’s why he doesn’t invest in mutual funds. It’s also why he prefers to make significant investments in just a handful of companies.

    Buffett is a firm believer that an investor must first do his or her homework before investing in any security. But after that due diligence process is completed, an investor should feel comfortable enough to dedicate a sizable portion of assets to that stock. They should also feel comfortable in winnowing down their overall investment portfolio to a handful of good companies with excellent growth prospects.

    Buffett’s stance on taking time to properly allocate your funds is furthered with his comment that it’s not just about the best company, but how you feel about the company. If the best business you own presents the least financial risk and has the most favorable long-term prospects, why would you put money into your 20th¬†favorite business rather than add money to the top choices?

    Reduce portfolio turnover
    Rapidly trading in and out of stocks can potentially make an individual a lot of money, but according to Buffett this trader is actually hampering his or her investment returns. That’s because portfolio¬†turnover increases the amount of taxes that must be paid on¬†capital gains and¬†boosts the total amount of commission dollars that must be paid in a given year.

    The “Oracle” contends that what makes sense in business also makes sense in stocks: An investor should ordinarily hold a small piece of an outstanding business with the same tenacity that an owner would exhibit if he owned all of that business.

    Investors must think long term. By having that mindset, they can avoid paying huge commission fees and lofty short-term capital gains taxes. They’ll also be more apt to ride out any short-term fluctuations in the business, and to ultimately reap the rewards of increased earnings and/or dividends over time.

    Develop alternative benchmarks
    While stock prices may be the ultimate barometer of the success or failure of a given investment choice, Buffett does not focus on this metric. Instead, he analyzes and pores over the underlying economics of a given business or group of businesses. If a company is doing what it takes to grow itself on a profitable basis, then the share price will ultimately take care of itself.

    Successful investors must look at the companies they own and study their true earnings potential. If the fundamentals are solid and the company is enhancing shareholder value by generating consistent bottom-line growth, the share price, in the long term, should reflect that.

    Learn to think in probabilities
    Bridge is a card game in which the most successful players are able to judge mathematical probabilities to beat their opponents. Perhaps not surprisingly, Buffett loves and actively plays the game, and he takes the strategies beyond the game into the investing world.

    Buffett suggests that investors focus on the economics of the companies they own (in other words the underlying businesses), and then try to weigh the probability that certain events will or will not transpire, much like a Bridge player checking the probabilities of his opponents’ hands. He adds that by focusing on the economic aspect of the equation and not the stock price, an investor will be more accurate in his or her ability to judge probability.

    Thinking in probabilities has its advantages. For example, an investor that ponders the probability that a company will report a certain rate of earnings growth over a period of five or 10 years is much more apt to ride out short-term fluctuations in the share price. By extension, this means that his investment returns are likely to be superior and that he will also realize fewer transaction and/or capital gains costs.

    Recognise the psychological aspects of investing
    Very simply, this means that individuals must understand that there is a psychological mindset that the successful investor tends to have. More specifically, the successful investor will focus on probabilities and economic issues and let decisions be ruled by rational, as opposed to emotional, thinking.

    More than anything, investors’ own emotions can be their worst enemy. Buffett contends that the key to overcoming emotions is¬†being able to “retain your belief in the real fundamentals of the business and to not get too concerned about the stock market.”

    Investors should realise that there is a certain psychological mindset that they should have if they want to be successful and try to implement that mindset.

    Ignore market forecasts
    There is an old saying that the Dow “climbs a wall of worry”. In other words, in spite of the negativity in the marketplace, and those who perpetually contend that a recession is “just around the corner”, the markets have fared quite well over time. Therefore, doomsayers should be ignored.

    On the other side of the coin, there are just as many eternal optimists who argue that the stock market is headed perpetually higher. These should be ignored as well.

    In all this confusion, Buffett suggests that investors should focus their efforts of isolating and investing in shares that are not currently being accurately valued by the market. The logic here is that as the stock market begins to realize the company’s intrinsic value (through higher prices and greater demand), the investor will stand to make a lot of money.

    Wait for the fat pitch
    Hagstrom’s book uses the model of legendary baseball player Ted Williams as an example of a wise investor. Williams would wait for a specific pitch (in an area of the plate where he knew he had a high probability of making contact with the ball) before swinging. It is said that this discipline enabled Williams to have a higher lifetime batting average than the average player.

    Buffett, in the same way, suggests that all investors act as if they owned a lifetime decision card with only 20 investment choice punches in it. The logic is that this should prevent them from making mediocre investment choices and hopefully, by extension, enhance the overall returns of their respective portfolios.

    Bottom Line
    “The Warren Buffett Portfolio” is a timeless book that offers valuable insight into the psychological mindset of the legendary investor Warren Buffett. Of course, if learning how to invest like Warren Buffett were as easy as reading a book, everyone would be rich! But if you take that time and effort to implement some of¬†Buffett’s¬†proven strategies,¬†you could be on your way to better stock selection and greater returns.

     

    Courtesy: Rediff

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