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WBinsider
Joined: 22 Mar 2008
Posts: 1
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 Posted: Sat Mar 22, 2008 12:45 pm Post subject: India : Gloomy markets : High time that CEOs pay packets are |
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| IST : 7=05, Calcutta, IndiaWarren Buffet, the richest man on the Globe these days. The Indian CEOs learn from him ....?He did not take a rise of pay since last 25 yrs,No extra benefit from his Co. Berkshire Hathaway's even no car,Paid back the telephone bills used for personal needs ....??And his Indian counter parts .. appearing on the story books for thier lavish expenses at the cost of the Cos ..?Offering real 'plane'/s as gift for Wedding Anivarsaries ..?Making stories of hefty returns only to welcome a crash in the markets ...?Draining out hard earned moneys of the common investors ?Spliting, re-naming Cos on daily basis for not so good reasons ..?Obesity of the Cos. in market capitalisation have gone ... the fatter pay packets remain ..?May take a lesson from Mr. Warren Buffett .... ?As a bonafide Y/A member I provide you alink for the story which may be an eye-opener for all of us ...?Linkhttp://sify.com/finance/fullstory.php?id |
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delta
Joined: 22 Mar 2008
Posts: 1
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| Posted: Sat Mar 22, 2008 7:09 pm Post subject: India : Gloomy markets : High time that CEOs pay packets are |
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| what is the use of working har earning/making money on behalf of all the investors if u cant enjoy the money. people like Mukesh Ambani have been getting fantastic salaries perks . but dont u forget that they are manging the copanies under them beutifully and successfully and creating value for investors also.. i bought reliance share @ 25 in in 1977 and today it is work rs 2300, plus the bonus shares, plus the dividends etc etc. there is nothing wrong at all making money for yourself. warren buffet is something out of ordinary.one of the best companies in USA Coca Cola is giving out US$ 236 millions per year to its CEO, what do u say about that. |
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Miamimentvotre
Joined: 23 Mar 2008
Posts: 1
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| Posted: Sun Mar 23, 2008 1:33 am Post subject: India : Gloomy markets : High time that CEOs pay packets are |
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| Warren Buffet is just a penny pincher and a parasite of the capitalist world: he takes money but does not spend like he should to allow the poorer to make a living out of small jobs related to his expens. As a rich man he has to spend money in the system that made him rich. Most white business men think that they will be richer if they spend as little as possible while making as much money as possible on the market. Look at french and arab business men they do the opposite and attract to them more business. The more money you make the more you have to spend to advertise your competence. Indian business people have understood that and you should thank them for "appearing on the story books for thier lavish expenses " because they are giving the money they made back to the community. Warren Buffet is an old fashionned capitalist and no longer an example for our globalized world. When you write: "Offering real 'plane'/s as gift for Wedding Anivarsaries" , you don't realize how many people are getting a paycheck to raise their children and pay for basic expenses(food, housing, electricity,...). They are: pilots, hostesses, cleaning people, ground personel, cab or limousine drivers, mailmen, maids, cooks, tailors,...When you are a businessman, you are not playing a role you are showing you can be reliable whether the market is up or down. Peple will judge you on how you behavied when things were not so easy. Last thing but not least: understand that nobody has ever been where we are now and that each one of us has a chance to make it in this new glod rush: the global market.Some in Klondike made a fortune with only one chaval when others made even more with apple tarts (paid high price with pure gold for being so good so far from everything).Hope i help you see things from a different point of view.- |
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SupermanakaAmit
Joined: 23 Mar 2008
Posts: 2
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| Posted: Sun Mar 23, 2008 7:57 am Post subject: India : Gloomy markets : High time that CEOs pay packets are |
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| Well, you're quiet right, but no one would like (or accept) a pay cut. People like Warren Buffet are exception. And Indians, they can do anything for money.I could not see the matter, as the site, the link of which you've provided, is down for maintenance. |
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padman
Joined: 23 Mar 2008
Posts: 1
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| Posted: Sun Mar 23, 2008 2:21 pm Post subject: India : Gloomy markets : High time that CEOs pay packets are |
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| I agree with you. The markets are butchered by the FIIs. They have gone and are away. It will take another 12-18 months for recovery.There is no enquiry by any body at any level as to why the market crashed.There is no punishment for the culprit who caused financial losses to the poor.Regrding mr. Buffet it is a defferent story. What does a man need when he has everything in life? .Regading the ambanis or the tatas earning money is their life style. They will not change even on dooms day.What can we do? As individuals we have to make the public aware of the sinners in stock market. It is gambling for the rich man with legal approval. Let him play it. Let us be in our own world where there is no much risk. And where our childrens future are safe. |
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