An excerpt of a conversation between me and one of my friend
Harish.. Found it so hilarious that I thought it’d make a terrific blog entry. No offence intended (if you love Obama more than your favourite Pet or Buffet for that matter or any respectable personality, you can choose to stop here and not get offended.) Though we do not intend to offend, one might get. I think this should be a good enough statutary warning (atleast better than “Cigarette Smoking is Injurious to Health!”)
If you are still with us -
harish: who?
gabhijit: our friends
anil and mukesh
harish: chhota and mota
gabhijit: yeah
i guess their time has come!!
retest now?
Sent at 4:03 PM on Monday
harish: I mentioned this caution in my blog when Satyam and Madoff news were out
but aam public looks at bros like Gods of new Millenium
by the way, here is a good news….. BSNL has launched 3G services in our town
hope its not like their broadband
Sent at 4:08 PM on Monday
gabhijit: hey chal gotta go .. later
Sent at 5:36 PM on Monday
gabhijit: btw.. how can buffett promise best days ahead?
harish: Buffet is a failure
gabhijit: now there are no known supports for SnP and Dow…… 
o come on
thats a gross statement
he’s not a failure
he’s just growing old
whatever, but he is a FAILURE
he
he’s created wealth for his shareholders
harish: Success is not something one achieves and then destroys. Its the “upkeeping” and maintainance that makes success SUCCESS
gabhijit: now if you hang on too long with one guy…
harish: and he has failed miserably
gabhijit: he’s not destroyed yet man
the put options he’s written will expire in 2019
and there’s a good chance that SnP will be 1400 then
of course dollar will be available for 20 Rs. thats a different story
harish: what about his buying advice when SnP was above 1000?
gabhijit: oh well..
he ’s bought the best of the breed
harish: and my bet is we will see 400-500 on SnP
gabhijit: thats not a problem
GS and GE wont go down
harish: that’s only a matter of time…
gabhijit: finally after so much of noise DOW is at a point where Bob Prechter had called it a top!! 
I guess these ellioticians are overrated
harish: GS, GE, MS all will suffer
gabhijit: yes for a period
a few years may be
but not forever
I can say so about these companies at least
and IBM
not sure about others
harish: but, by then his reputation will be torn apart
anyways gotta rush
later..
going out
harish: out? out of india?
Sent at 5:58 PM on Monday
gabhijit: reading john maudlins commentry
he’s a very good author
harish: yes, he is good author, but, he is also chela of ur ideal Mr Buffet
John was convinced (as late as DEc last this year) that a sustainable rally will come (just like you hoped) but, read his letters today and he is in repentance
hahahahaha
anyone who is optimistic about economy, is bigger than meaning of four letter lettered word, (not fu**) but, FOOL
As I’ve said UMPTEEN number of times, the only indicator of “THE bottom” will be when almost all are pessimistic
gabhijit:
i dont loose hope so easily
yeah i hv been saying umpteen number of times that the market will rally now now
but note one thing which is very important
most of the world indices are within 5% of their lows in november
and we are still healthy 20% above the nadir
doesn’t that itself tell a story?
anyways will catch u in a bit
also note
nobody is shorting
its just selling
Sent at 10:22 PM on Monday
harish: 20%? that means we are even more optimistic
harish: means we will suffer even more
where is RR? his 1818 looks like cakewalk now
Sent at 10:26 PM on Monday
Sent at 11:01 PM on Monday
gabhijit: a big bad news is around the corner?
i mean citi going bankrupt wont even be a news let alone bad.. ditto for GM… so what can be a bad news? GE going bankrupt?
Sent at 11:02 PM on Monday
harish: obama planning a suicide? how is that?
gabhijit: I said about “BAD NEWS”
harish: blacks are ruling the world, what can be “badder” ?
gabhijit: oh come on you racist!
harish:
btw, I like obama for one reason, he’s pro-science
gabhijit: my ass is more pro – science
obama is more pro cheap publicity
harish:
gabhijit: don’t you think this conversation of ours will make a terrific blog entry?
harish: now who is racist?
yes, it can,
gabhijit: I am not a racist.. I just hate obama. I never said I hate blacks and infacat as a matter of factly I DO NOT hate blacks and as one great man has once said “Being human beings is problematic enough for me!”
harish: now its an even bigger case for a blog post
gabhijit: ya.. I am going to put this as a blog post.
I was re-reading this entire conversation and it made a lot of sense to have this as a blog post…. it just sums up our mutual thinking…….
so crisply
harish: don’t forget to mention me with my blogs list
harish: btw, when r u getting engaged?
in any sense
gabhijit: is there a news thats going around like that?
harish:
feeling, that’s all
gabhijit: thats so self elating.. that I actually think that people care about spreading rumours about me!!
harish: but u r getting older, AND that too eithout co of women. That can age u fast
Sent at 11:18 PM on Monday
harish: I just read in sciencemag that men who are away from women age earlier
gabhijit: o rite!! they are written by the same guys who were deprived of pleasant company of women
harish: or jealous ones, like me
gabhijit: perhaps!
