What with Warren Buffett quotes and sayings flying everywhere on Facebook I couldn’t resist this post, I have always read every piece that reads the word Buffet for obvious reasons… :mrgreen: The non believers will probably turn up and just stick their :P and tell me I only care about food ! Yes I do, but I do listen to all important things this man has to say… He infact has very simple things to say but at most times we forget these simple, seemingly inane yet fundamentally most important ways of behaving especially when it comes to investments, managing risk and seeking returns.
And when Legendary Investors like him are allowed to throw their gyaan everywhere why would this True Legend in every sense be left behind anywhere…
Yes, Usha, right after reading your Buffet quote share and me sharing another piece of advice by Buffet yours truly left for his work and while driving his bike came up with this genius thought in his brain…
“In the service industry its pertinent that you give maximum priority to an existing customer and always ensure he is satisfied even at the cost of new business.” – Hitchy Bawa 7th Feb 2012
Simple logic being if you have only satisfied customers they will ensure you have no dearth of new business /clients :) :) :)
Anyone that guffaws thinking this is simply so obvious can actually go jump in the lake. I think this is a genius piece that I have come up with and I am laying claims to this !!!! :evil: If this is obvious so are all of Buffet’s advises. He says nothing that we don’t know and yet they are so priceless, practical and most difficult to actually comprehend in reality, in moments where they most necessarily need to be practiced.
Now if you happen to find this post completely useless… sigh… and yes I don’t just blog for myself, I do crave to be read by you readers… yea ! Jump and Clap… I do write for you… for I never understood people who write for themselves… why they would put things in public and not in a diary of their own :P :P :P ok yea that was a cheapstroke and I know it :mrgreen:
**ducks all the chappals and sandals** :P :twisted:
Sigh… enough of digressing… coming back to if you find this post completely useless… well here is a piece of small information that might prove to be useful…
Just yesterday a friend called me to ask what is the formula to calculate the interest if the money is being doubled in 8 years. Whilst I told him that I can teach him that vonly and vonly if he will feed me a Tees Number Paan… A thought passed my mind may be I should post the same on the blog some of you might also be faced with a similar question at some point of time :)
Well folks, behold…
72 is a magic figure to calculate Interest or duration of money being doubled.
Can’t get it ?
If someone tells you he will double your money in 6 years. Simply divide 72 by 6 and you get 12 that is the rate of interest he is offering to you.
And if some one is telling you he is giving you 9% interest and you are wondering how do I calculate when will my money double and you feel you can’t be an ass and ask the guy… here is a simple thing to do…
take 72 and divide it by 9 and lo… 8 years is the time in which your money will be doubled. :) :) :) :) :) :angel:
Yes… bless me… :) :) :) :)
Now all those who think even this is useless and not worth a read… yes you can go jump in the lake again !!!! for all others… here is my work page on Face book… Please to go there and like it…
Now will you like this page : Fortune Investments – investment solutions ‘personalised
I will be giving my priceless :mrgreen: advise there :) :) :) and some day I too will be featured like Monu was here :
Awesome Monu Totally proud of you :) :) :) :) you are an inspiration to so many of us :) :) :) You know when a friend suggested that I should have a facebook page to advertise about my work I was rather skeptical whether it looked Cheap… but those few words when on chat with you ensured I went ahead and made the page and yes I have managed to secure a few Investors whom I am yet to meet in real life :D :D :D :D
Sigh… Monu, only if you knew how I show this pic to so many non blogger friends of my and act so so SMUG… saying I know her and I have an open invitation any day to her dining table in Bangalore :) :) :) :) :)
And people if you are back from jumping in the lake and/or survived all the gyaan I have been throwing up and if you haven’t visited Sin-A-Mon then go there right away and drool right now :P :P :P :P