15 June 2009

Invest wisely.

At the citigroup trading desk -

A colleague was lost in thoughts as she was staring at the prices of stocks on her computer screen.
Should I buy myself breakfast for $3.40 or a citigroup share ? she asked her colleagues.


Some colleagues burst out laughing. others had a grim face.
And many stared blankly.


The next minute she was heading out to buy breakfast.

- from the diary of an analyst

13 comments:

Vinod_Sharma said...

In dark times like these, a meal in the stomach is better than a feast in Monaco!

BK Chowla said...

Intelligent girl.I would have done the same.

indyeahforever said...

that sounds so grim :(

manju said...

Good choice...

Mavin said...

If she had bought a 10000 shares for $0.90 the max she could have lost $9k but probably made $ 30-40k.

Same with Satyam here. It was smashed all the way to Rs. 6/-. Today it is a 15 bagger stock.

Well I could not buy as my company's internal guidelines requires me to take prior permission and that takes abt 3 days to come.

However, the normal human tendency is to look the other way whenever opportunity stares at us in our face.

manju said...

Anrosh- You are tagged- see http://indiancabbagesandkings.blogspot.com/2009/06/sets-of-four.html

Smita said...

Sounds grim but at the end of it a wise decision :-)

Bindu Nayar said...

It's diasspointing to see the Citi stocks where they are today..

but wise i would say

Smitha said...

Certainly a wise choice - grim but wise

Chikki said...

I really don't understand why is it a wise choice?All those who said 'wise choice' are probably speculators or short term investor, I don't think any long term investor will call it a wise choice.... Unless ofcourse she was really hungry..:-)!!

Nice post though - made me laugh..:)!

peppy said...

Yes agree wid chikki
But this will need good analysis if u wanted to invest for long term

The choice between a brkfast and a share however seems unrelated....
skipping brkfast is just foolish
unless you have nice clauses in ur insurance plan..

Mavin, Satyam was on a predictable downtrend bcoz Mahindra had to buy a huge %age of shares from the open market.. ;)

Anrosh said...

i just wanted to bring out the fate of a stock which was 55$ in 2007 and started plummeting ..a nd the bonuses paid to executives for a JOB NOT DONE.

Tarun Goel said...

ah, that was hilarious.
Citi group rox!!!
:P

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