Effect of Recession

September 20, 2009

effect of recession


logos of various international agencies

August 13, 2009

IAEA

IAEA

ILO

ILO

IMF

IMF

UNCED

UNCED

UNICEF

UNICEF


Warren Buffet one of the world’s richest person

August 2, 2009

WARREN BUFFET

Age: 75
Fortune: self made
Source: Berkshire Hathaway

Net Worth: 42.0

Country Of Citizenship: United States
Residence: Omaha, Nebraska, United States, North America
Industry: Investments
Marital Status: widowed, 3 children

University of Nebraska Lincoln, Bachelor of Arts / Science
Columbia University, Master of Science

Revered investor took it on the chin over Berkshire Hathaway’s General Re insurance unit; SEC threatened civil fraud suit against General Re Chief Joseph Brandon over questionable transaction with American International Group. Also got it for his board seat at Coca-Cola, where his “independence” might be compromised by Berkshire’s ownership of Dairy Queen, which buys lots of Coke products. Buffett: “Do they want us to favor Pepsi?” At Berkshire set in place two governance reforms: regular meetings of directors without Buffett present; whistleblower line for employees. Sitting on $43 billion in cash, hoped to make some big acquisitions last year, “but I struck out.” Instead, invested in foreign currencies: $21 billion bet against the dollar and in favor of various other currencies. “In no way does our thinking about currencies rest on doubts about America.” Newspaper delivery boy filed first 1040 at age 13; claimed $35 deduction for bicycle. Studied under Benjamin Graham at Columbia. Applied value-investing principles to build Berkshire Hathaway. Portfolio includes utilities (MidAmerican Energy Holdings), insurance (Geico, General Re), apparel (Fruit of the Loom), flight services (FlightSafety, NetJets). Also chunks of American Express, Coca-Cola, Gillette, Wells Fargo. Instructs managers to run a business as if it’s the only asset the manager’s family will own over the next 100 years. Prefers his investors to buy equities only after careful analysis. “If they insist on trying to time their participation in equities, they should try to be fearful when others are greedy and greedy only when others are fearful.” Says he underestimated the severity of certain stocks’ overvaluation during the tech bubble. “I talked when I should have walked.” No matter. Since taking control of Berkshire 40 years ago, has delivered compound annual return of 22%. “No wonder we tap-dance to work.”




TAGLINES OF FAMOUS APPAREL BRANDS OF INDIA

July 14, 2008

1. Honestly Impressive-PETER ENGLAND

2. The Upper Crest-LOUIS PHILLIPS

3. The Complete Man-RAYMONDS

4. Bond with the Best-REID AND TAYLOR

5. Enjoy the Change-WILLS LIFESTYLE


TAGLINES OF CITY OR COUNTRY

July 14, 2008

1. The Square Mile – LONDON

2. Land of Silver – ARGENTINA

3. Punjab + Afghan + Kashmir + Sindh + Baloochistan = PAKISTAN

4. Land of the thunder dragon – BHUTAN

5. Land of million Elephants – LAOS


PUNCHLINES OF TYRE MANUFACTURERS

July 14, 2008

1. PASSION FOR EXCELLENCE – BRIDGESTONE

2. A better way forward – MICHELIN

3. Accelerate your soul – DUNLOP

4. Tyres with Muscle – MRF

5. Born Tough – CEAT


PUNCHLINES OF DATACOMS

July 14, 2008

1. The World’s Online Market Place – EBAY

2. Earth’s Biggest BookStore – AMAZON.COM

3. Pay Anyone Online – WALLET365.com

4. If you have a reason, we have the job – TIMESJOBS.COM

5. Push Button Publishing – BLOGGER.COM


TAGLINES OF COMPANIES (MIXED BAG)

July 14, 2008

1. When Good is not good enough. – CHEVROLET AVEO

2. Trade with Trust. – MCX

3. The New Sign of Success. – McDowells Signature

4. Dare to Dream – BANK OF RAJASTHAN

5. There is a little bit of ( SAIL) in everyone’s life (Answer lies in the
blank)

6. Welcome to a Cashless World. (SBI DEBIT CARD)

7. Exceed Your Vision (EPSON)

8. Be Fearless. (SYMANTEC)

9. Much more to do, with YOU in focus. (ANDHRA BANK)