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I am not an expert. Not a guru neither have the right to initiate a this kind of a post at this forum because i am very new to this forum(I have written only 22 posts). but thought of sharing something which no one of you have focused on this forum as well as the previous famous forum. If i am going to hurt some ones feelings forgive me and will not post this nature of posts again at this forum. I see very reputed people like smallville had posted a topic regarding the quality of the posts.
http://forum.srilankaequity.com/t9846-crap-warning-its-not-worth-buying#66247
I was really happy about his initiative and this kind of people are the people we need here. rather than spamming and doing lot of promotional activities. I was very sad to see that even on his first post their was a person who has given smallville a negative rep . Its not about the freaking rep i am talking about.it is about the mentality of that person i am worried about. even posting this i also might get 10 negative reps.but i don't give a damn about this rep,points.so i will convey my message without any hesitation.since smallville,tubal,innam,quibit,mono,slstock,chinwi,gaja,ukboy, stockswatch,seyon, factfinder,metatrader,monstor,greedy,tkc,mark, milanka,econ, godswen,gann,optimistic,windi5,cubedsole, and all the other senior members have always pointed over the quality post issue and it is not necessary for a new comer to this forum just like me to create another post regarding the quality of posts we do. so i will give a different point of view for each of you to think about and a food for thought. If you all grasp my point and logic we all can make this forum the best forum in sri lanka without any moderators of control. Okay their is a general worry about the people who love this forum including my self that some day , even this forum will face what investnow.lk faced. Quibit has done a wonderful job and all these new initiatives such as points system, rep systems are all wonderful ideas which impressed me a lot and she is a power woman i must say. so apart from that as tubal, ukboy said it is of no point to teach the new comers the value of fundamentals because if they invest on fundamentals where their friends getting 100% profits on crappy shares they will also switch automatically to the crap. some of them who are lucky enough to get a considerable gain think that they have expertise the art and try the luck again. some point in life you cant do the same gimmick over and over again.Their comes a situation where you will burnt your hands. this is what my stock broker said to me on the very first day i met him few decades back. I'll quote it in sinhala.
"malli stock market eka 'pas go rasa' wage..hama dekema rahai wagai dannene.habai eka hoda kammul parak kawama thamai yakage kaluwa therenne." as a kid i didn't get what he said but now i realized the meaning of it. He wasn't fluent in English although the lesson he taught me was very valuable for my life. so i will not say don't spam , don't write junk , don't do promotional/marketing activities , don't mislead others and things like that. that already the moderators have been trying to say.lets go to the topic
lot of people here work. I guess their are few full time traders and investors as well. No offense against them because that is also a profession. Most of all of you might be lawyers,engineers,doctors,nurses,teachers,lecturers,students, freelance workers, consultants,housewives,clerical staff or some one who is doing a day job.Think about the lay people who go to work who has no interaction with CSE. most of them all get up very early in the morning and get ready hard ,to go to work for a meager 15000 salary (general rate-I earn a six figure salary so do most of you) and work hard to make their employees super rich. at the end of the day what do they get. they are been most of the time robbed by the employees and paid a mere 15000 salary and lot of carrots are been showed such as promotions , salary increments etc. the institution gets rich and richer and the shareholders gets rich without any effort. so we the so called investors and traders are like people who exploit their hard work and the final reward of the hard work comes to us by appreciation of share price by form of capital and dividend gains. just think about a teacher who teaches her entire life over 25 years for a meager 15000 rupees salary for a month. she is doing the best job in the world but does any one reward her well. after 25 years of hard work a small felicitation ceremony along with a piece of metal will be awarded. who gains the profit. the shareholders of the school gets it all and the expenses for a small felicitation ceremony once in a 25 years is peanuts for all of us. just think about the accountant who works until late night at month ends working for a very low salary compared to CSE investors who earn humongous profits in terms of millions and billions(NP,DP,DJ). Think about the auditors who work for late nights for a small allowance such as 3500/4500 rupees per month. the work they do is sometimes worth millions and at the end of 3 years if you don't maintain proper relationship with the boss , you wont even get the chance to sign your articles properly which is a mandatory requirement by the chartered accounting body. Think about the chemical,electrical,mechanical,civil engineers who work in sri lanka for 50,000(very low compared with developed nations) rupees and construct the biggest engineering projects in sri lanaka taking a huge risk which sometimes bring in millions, billions of profit to company's and who gets the cake. we get it. the shareholders of the company without any hard work or any operational knowledge we get the return. think about the doctors who learn for around 5/6 years for the mbbs and spend the best years 7/8 years in their life in books and work in hospitals. doctors earn very good salary's but have you ever thought how much bigger the shareholders profit from a hospital. doctors salary too is peanuts when compared with the overall profits. just imagine how the shareholders of a hospital get happy. the more unhealthy the people are the more happier the shareholders are. how crooked are we.I am also a criminal. am i right. yes. forget about these highly educated segment of the society. shall we talk about the lay man.think about the temporary workers who works for a 7500 contract basis. all the day work like a prisoner and at the end of the day no recognition at all from the society.think about when you go in the bus to work , about the bus conductor who shouts all the day and giving a bad impression to the public and earn few bucks loosing the reputation.think about the servant at your house who does all the cheap/odd jobs you would do ,so that at the end of the day we can easily put focus on the CSE price fluctuations and make a killing at the day. i can go on with this lists for some time. we do make millions/billions on the guidance of all these people even though they don't even know that we are making a killing because of them. In ancient Egypt slavery culture , the slaves did knew that they were slaves and they always wanted to get the freedom from the rat race(read robert kiyosaki- rich dad poor dad). but the pathetic situation now through out the entire world is people are so used to work so that they don't even realize that a group of segment called "investors and traders" exploit their labor skills to the max and without any hard work makes millions and billions of profit daily. money begets money and this is how capitalism at its best ruined the morale values of human culture. this is not only common to cse but to the entire financial system. if you watch documentary's done by Micheal Moore you will see how crooked we investors,traders are.(capitalism- a love story by micheal moore). so i will stop my post from here. i just wanted to give an rough idea about what we actually do though we say we are big time investors and traders. we exploit others hard work.that is the gist. the person who identifies the best stock to which can be exploit earns millions and the person who is not good enough to identify the stock will loose in millions. but whatever happen to this freaking financial markets ,the day to day work at the companies will carry on and the employees will sometimes not even know that we are making a killing because of them. so if you all get my point think about you and your attitude. we should be more responsible, ethical and do something to the society without just exploiting them. we should do something productive. we need to change our attitudes. we need to think holistically. we need to act as responsible citizens who love sri lanka , this forum. so no point of blaming the spammers, junk posters. let them have a metal transformation and you all can add value to this forum and profession only if you want to change your attitudes. no point of blaming. so i humbly beg from all of you to at least add some value to this forum and investment trading profession by at least reading books, analyzing fundamentals, sharing quality knowledge because that will reduces the natural crooked nature of investors,traders. please this is not a advice. i am a new comer to this forum.just a food for thought.
May god bless you & Budusaranai.
http://forum.srilankaequity.com/t9846-crap-warning-its-not-worth-buying#66247
I was really happy about his initiative and this kind of people are the people we need here. rather than spamming and doing lot of promotional activities. I was very sad to see that even on his first post their was a person who has given smallville a negative rep . Its not about the freaking rep i am talking about.it is about the mentality of that person i am worried about. even posting this i also might get 10 negative reps.but i don't give a damn about this rep,points.so i will convey my message without any hesitation.since smallville,tubal,innam,quibit,mono,slstock,chinwi,gaja,ukboy, stockswatch,seyon, factfinder,metatrader,monstor,greedy,tkc,mark, milanka,econ, godswen,gann,optimistic,windi5,cubedsole, and all the other senior members have always pointed over the quality post issue and it is not necessary for a new comer to this forum just like me to create another post regarding the quality of posts we do. so i will give a different point of view for each of you to think about and a food for thought. If you all grasp my point and logic we all can make this forum the best forum in sri lanka without any moderators of control. Okay their is a general worry about the people who love this forum including my self that some day , even this forum will face what investnow.lk faced. Quibit has done a wonderful job and all these new initiatives such as points system, rep systems are all wonderful ideas which impressed me a lot and she is a power woman i must say. so apart from that as tubal, ukboy said it is of no point to teach the new comers the value of fundamentals because if they invest on fundamentals where their friends getting 100% profits on crappy shares they will also switch automatically to the crap. some of them who are lucky enough to get a considerable gain think that they have expertise the art and try the luck again. some point in life you cant do the same gimmick over and over again.Their comes a situation where you will burnt your hands. this is what my stock broker said to me on the very first day i met him few decades back. I'll quote it in sinhala.
"malli stock market eka 'pas go rasa' wage..hama dekema rahai wagai dannene.habai eka hoda kammul parak kawama thamai yakage kaluwa therenne." as a kid i didn't get what he said but now i realized the meaning of it. He wasn't fluent in English although the lesson he taught me was very valuable for my life. so i will not say don't spam , don't write junk , don't do promotional/marketing activities , don't mislead others and things like that. that already the moderators have been trying to say.lets go to the topic
lot of people here work. I guess their are few full time traders and investors as well. No offense against them because that is also a profession. Most of all of you might be lawyers,engineers,doctors,nurses,teachers,lecturers,students, freelance workers, consultants,housewives,clerical staff or some one who is doing a day job.Think about the lay people who go to work who has no interaction with CSE. most of them all get up very early in the morning and get ready hard ,to go to work for a meager 15000 salary (general rate-I earn a six figure salary so do most of you) and work hard to make their employees super rich. at the end of the day what do they get. they are been most of the time robbed by the employees and paid a mere 15000 salary and lot of carrots are been showed such as promotions , salary increments etc. the institution gets rich and richer and the shareholders gets rich without any effort. so we the so called investors and traders are like people who exploit their hard work and the final reward of the hard work comes to us by appreciation of share price by form of capital and dividend gains. just think about a teacher who teaches her entire life over 25 years for a meager 15000 rupees salary for a month. she is doing the best job in the world but does any one reward her well. after 25 years of hard work a small felicitation ceremony along with a piece of metal will be awarded. who gains the profit. the shareholders of the school gets it all and the expenses for a small felicitation ceremony once in a 25 years is peanuts for all of us. just think about the accountant who works until late night at month ends working for a very low salary compared to CSE investors who earn humongous profits in terms of millions and billions(NP,DP,DJ). Think about the auditors who work for late nights for a small allowance such as 3500/4500 rupees per month. the work they do is sometimes worth millions and at the end of 3 years if you don't maintain proper relationship with the boss , you wont even get the chance to sign your articles properly which is a mandatory requirement by the chartered accounting body. Think about the chemical,electrical,mechanical,civil engineers who work in sri lanka for 50,000(very low compared with developed nations) rupees and construct the biggest engineering projects in sri lanaka taking a huge risk which sometimes bring in millions, billions of profit to company's and who gets the cake. we get it. the shareholders of the company without any hard work or any operational knowledge we get the return. think about the doctors who learn for around 5/6 years for the mbbs and spend the best years 7/8 years in their life in books and work in hospitals. doctors earn very good salary's but have you ever thought how much bigger the shareholders profit from a hospital. doctors salary too is peanuts when compared with the overall profits. just imagine how the shareholders of a hospital get happy. the more unhealthy the people are the more happier the shareholders are. how crooked are we.I am also a criminal. am i right. yes. forget about these highly educated segment of the society. shall we talk about the lay man.think about the temporary workers who works for a 7500 contract basis. all the day work like a prisoner and at the end of the day no recognition at all from the society.think about when you go in the bus to work , about the bus conductor who shouts all the day and giving a bad impression to the public and earn few bucks loosing the reputation.think about the servant at your house who does all the cheap/odd jobs you would do ,so that at the end of the day we can easily put focus on the CSE price fluctuations and make a killing at the day. i can go on with this lists for some time. we do make millions/billions on the guidance of all these people even though they don't even know that we are making a killing because of them. In ancient Egypt slavery culture , the slaves did knew that they were slaves and they always wanted to get the freedom from the rat race(read robert kiyosaki- rich dad poor dad). but the pathetic situation now through out the entire world is people are so used to work so that they don't even realize that a group of segment called "investors and traders" exploit their labor skills to the max and without any hard work makes millions and billions of profit daily. money begets money and this is how capitalism at its best ruined the morale values of human culture. this is not only common to cse but to the entire financial system. if you watch documentary's done by Micheal Moore you will see how crooked we investors,traders are.(capitalism- a love story by micheal moore). so i will stop my post from here. i just wanted to give an rough idea about what we actually do though we say we are big time investors and traders. we exploit others hard work.that is the gist. the person who identifies the best stock to which can be exploit earns millions and the person who is not good enough to identify the stock will loose in millions. but whatever happen to this freaking financial markets ,the day to day work at the companies will carry on and the employees will sometimes not even know that we are making a killing because of them. so if you all get my point think about you and your attitude. we should be more responsible, ethical and do something to the society without just exploiting them. we should do something productive. we need to change our attitudes. we need to think holistically. we need to act as responsible citizens who love sri lanka , this forum. so no point of blaming the spammers, junk posters. let them have a metal transformation and you all can add value to this forum and profession only if you want to change your attitudes. no point of blaming. so i humbly beg from all of you to at least add some value to this forum and investment trading profession by at least reading books, analyzing fundamentals, sharing quality knowledge because that will reduces the natural crooked nature of investors,traders. please this is not a advice. i am a new comer to this forum.just a food for thought.
May god bless you & Budusaranai.
