The Investor Sentiment - Equity and investments forum for Sri Lankans
Search
 
 

Display results as :
 


Rechercher Advanced Search

Latest topics
» Will YOU VOTE for ME if I run for SL PRESIDENCY?
Today at 8:48 pm by ruwan326

» *කොට්ටේ තරණය කිරීම*
Today at 6:25 pm by Ethical Trader

» Thread for News on CSE and SL Economy
Today at 1:43 pm by The Invisible

» Thread for News on Local and Foreign Politics
Today at 1:39 pm by The Invisible

» Dividend Announcement
Yesterday at 7:36 pm by nihal123

» COMB.N0000 ( COMMERCIAL BANK OF CEYLON PLC )
Wed Nov 14, 2018 9:20 pm by pjrngroup

» Thread for News on International Markets
Wed Nov 14, 2018 7:56 am by The Invisible

» DIPD.N0000 (Dipped Products)
Wed Nov 14, 2018 7:18 am by The Invisible

» SAMP.N0000 (SAMPATH BANK PLC)
Wed Nov 14, 2018 7:16 am by The Invisible

» TAFL - Three Acre Farms
Wed Nov 14, 2018 7:14 am by The Invisible

» RCL - Royal Ceramics
Wed Nov 14, 2018 7:12 am by The Invisible

» HAYL.N0000 Hayleys PLC
Wed Nov 14, 2018 7:08 am by The Invisible

» How to trade Stock profitably?
Tue Nov 13, 2018 11:55 am by indramal

» What are investing methods in Sri Lanka?
Tue Nov 13, 2018 6:39 am by indramal

» අනං මනං! #/+?.<>
Mon Nov 12, 2018 7:57 pm by Yin-Yang

» Thread for General News Local/Foreign
Mon Nov 12, 2018 7:57 am by serene

» Anybody invest New York or Landon Stock Exchange?
Sat Nov 10, 2018 8:53 am by කිත්සිරි ද සිල්වා

» JKH.N0000
Fri Nov 09, 2018 10:49 am by ruwan326

» HAYC - Haycarb
Fri Nov 09, 2018 10:30 am by The Invisible

» WATA - Watawala
Fri Nov 09, 2018 10:22 am by The Invisible

» AAIC.N0000
Fri Nov 09, 2018 10:10 am by The Invisible

» Asian markets rally as investors see positive in US gridlock
Fri Nov 09, 2018 8:02 am by serene

» CSE RISE , RIDING ETHICALLY
Wed Nov 07, 2018 5:53 am by pjrngroup

» Constitutional Crisis – close to $ 100mn flees stock/bond markets last week
Tue Nov 06, 2018 6:38 pm by serene

» HHL.N0000 ( Hemas Holdings PLC)
Tue Nov 06, 2018 8:43 am by The Invisible

» Weldone Serene for 4000 + posts
Tue Nov 06, 2018 7:44 am by serene

» Real Estate Market in Sri Lanka- A booming Industry or a Bubble?
Tue Nov 06, 2018 7:36 am by serene

» Asiri Hospitals PLC - ASIR
Mon Nov 05, 2018 11:58 am by The Invisible

» Flying is the Safest mode of Transport
Sat Nov 03, 2018 8:44 am by කිත්සිරි ද සිල්වා

» REXP.N0000 ( RICHARD PIERIS EXPORTS PLC)
Fri Nov 02, 2018 7:45 pm by Brave Heart

» What MOTTOs/PRINCIPLEs do YOU follow in LIFE ?
Thu Nov 01, 2018 4:14 pm by Seyon

» LDEV - Lankem Developments
Thu Nov 01, 2018 2:23 pm by The Invisible

» NDB.N0000 (NATIONAL DEVELOPMENT BANK PLC)
Thu Nov 01, 2018 12:43 pm by The Invisible

» MTD Walkers (KAPI)
Thu Nov 01, 2018 11:54 am by The Invisible

» SERV - The Kingsbury
Thu Nov 01, 2018 10:12 am by The Invisible

» LFIN - LB Finance
Thu Nov 01, 2018 10:03 am by The Invisible

» PABC.N0000 (Pan Asia Banking Corporation PLC)
Thu Nov 01, 2018 9:56 am by The Invisible

» Sri Lanka jumps 11 places to 100th rank in World Bank’s Doing Business index
Thu Nov 01, 2018 9:52 am by The Invisible

» Banking Sector
Thu Nov 01, 2018 9:50 am by The Invisible

» All Share index crosses 6,000 points
Thu Nov 01, 2018 8:20 am by Brave Heart

» Asian Hotels and Properties September net down 48-pct
Thu Nov 01, 2018 8:17 am by Brave Heart

» Sri Lanka rupee weakens; stocks rally slows
Thu Nov 01, 2018 8:13 am by Brave Heart

» TJL.N0000 (Textured Jersey Lanka PLC.)
Wed Oct 31, 2018 7:27 pm by PANTOMATH

» Whats ailing Sri Lanka ? Why we are what we are!
Wed Oct 31, 2018 6:07 pm by Ethical Trader

» Sri Lankan rivals tempt defectors to swing crisis
Wed Oct 31, 2018 9:41 am by The Invisible

» Sri Lanka’s Piramal Glass in Sept quarter loss as costs rise
Wed Oct 31, 2018 9:36 am by The Invisible

» Sri Lanka President could dissolve parliament if interim budget is defeated: Wijedasa
Wed Oct 31, 2018 9:34 am by The Invisible

» Sri Lanka political crisis hikes debt rollover risk: Fitch
Wed Oct 31, 2018 9:31 am by The Invisible

» Sri Lankan political standoff could threaten reforms: S&P Ratings
Wed Oct 31, 2018 9:29 am by The Invisible

» Giant pro-democracy rally in Sri Lanka capital
Wed Oct 31, 2018 9:27 am by The Invisible

November 2018
SunMonTueWedThuFriSat
    123
45678910
11121314151617
18192021222324
252627282930 

Calendar Calendar

Disclaimer


Information posted in this forum are entirely of the respective members' personal views. The views posted on this open online forum of contributors do not constitute a recommendation buy or sell. The site nor the connected parties will be responsible for the posts posted on the forum and will take best possible action to remove any unlawful or inappropriate posts.
All rights to articles of value authored by members posted on the forum belong to the respective authors. Re-using without the consent of the authors is prohibited. Due credit with links to original source should be given when quoting content from the forum.
This is an educational portal and not one that gives recommendations. Please obtain investment advises from a Registered Investment Advisor through a stock broker

Ant and the Grasshopper

Go down

Ant and the Grasshopper

Post by yellow knife on Wed Apr 27, 2016 10:37 am

There are good times and there are bad times. Neither is here to stay.. Every good time fades away and comes bad time which will again leave space for good time. So we see seasons, cycles..

Many who merry during Good Times, weep during bad times. We the long term investors have seen these cycles again and again and expect the same in future as well.

***********************************************************

There are two good practical lessons of Ant and Grasshopper in the world.

1. Norway.

Need not to re-write just refer...

http://forum.lankaninvestor.com/t3164-what-a-portfolio?highlight=what+a+portfolio

2. Chile

When Andres Velasco became Chile's minister of finance in March 2006, the country's treasury held $ 6 Billion in savings. Over the next two years that number ballooned to almost $ 50 Billion as the world wide commodity boom drove up the price of copper, Chile's major export.



The country's good fortune did not go unnoticed- nor did the absence of a commensurate increase in public spending.

In November 2008 thousands of protesters burned an effigy of Velasco in streets of Santiago, vilifying him for refusing the push for greater spending and higher public sector wages while reminding those calling for his resignation that the copper-generated surplus money for a rainy day.

As the world economy plunged deep into recession in 2009 the wisdom of Velasco's tough choices became abundantly clear. The crisis curtailed access to credit and forced many countries to endure belt-tightening, but Chile used its arsenal of savings to launch a $ 4 Billion package of tax cuts to cushion the impact of the global slowdown on its economy and to distribute a raft of subsidies to mitigate the hardships of poor.




. By April 2009, Velsasco was the most popular minister in President Michelle Bachelt's cabinet ,with an approval rating of 57%-almost double what it had been in August of the previous year.


yellow knife
Top contributor
Top contributor

Posts : 6090
Join date : 2014-03-27

Back to top Go down

Re: Ant and the Grasshopper

Post by yellow knife on Wed Apr 27, 2016 10:55 am

Sri Lanka is yet to see this kind of leaders and a rating system of those who lead them.

****************************************




Andrés Velasco Brañes (born August 30, 1960) is an economist and professor. He served as the Finance Minister of Chile from March 2006 to March 2010, the whole of the first presidential period of Michelle Bachelet.[1]




Books authored by him..


  • Trade, Development and the World Economy: Selected Essays of Carlos Díaz-Alejandro. A. Velasco, Editor. Oxford: Basil Blackwell, 1988. [1]
  • Vox Populi (novel). Santiago: Editorial Sudamericana, 1995.
  • Lugares Comunes ("Common Places" / novel). Santiago: Editorial Planeta, 2003.
  • Free Trade and Beyond: Prospects for Integration in the Americas. A. Estevaordal, D. Rodrik, A. Taylor and A. Velasco (eds.). Cambridge: Harvard University Press, 200

yellow knife
Top contributor
Top contributor

Posts : 6090
Join date : 2014-03-27

Back to top Go down

Re: Ant and the Grasshopper

Post by කිත්සිරි ද සිල්වා on Wed Apr 27, 2016 1:43 pm

Thanks YK. Very Happy
(Good one).
But with more consumerism in play, the thinking has taken a different turn.
(හෙට මැරුනත් හිතට සැපයි අද ජොලිකරලා). Very Happy
The Grasshopper is right or live like as if no tomorrow is right is just how one sees the world.
(The third generation failing established family businesses in SL is good example why people not so fancy Grasshoppers any more and opt for more GRASS nowadays). Very Happy
avatar
කිත්සිරි ද සිල්වා
Top contributor
Top contributor

Posts : 7498
Join date : 2014-02-23
Age : 60
Location : රජ්ගම

Back to top Go down

Re: Ant and the Grasshopper

Post by Backstage on Wed Apr 27, 2016 2:48 pm

(The third generation failing established family businesses in SL is good example why people not so fancy Grasshoppers any more and opt for more GRASS nowadays). Very Happy

Legalize it ! afro
avatar
Backstage
Top contributor
Top contributor

Posts : 3312
Join date : 2014-02-24

Back to top Go down

Re: Ant and the Grasshopper

Post by කිත්සිරි ද සිල්වා on Wed Apr 27, 2016 2:52 pm

Yes.  Very Happy
(In Ayurveda, this is one of the best cancer preventive herbs like Cinnamon and turmeric).
Backstage wrote: Legalize it !   afro
avatar
කිත්සිරි ද සිල්වා
Top contributor
Top contributor

Posts : 7498
Join date : 2014-02-23
Age : 60
Location : රජ්ගම

Back to top Go down

Re: Ant and the Grasshopper

Post by Ethical Trader on Thu Apr 28, 2016 4:01 pm

Thanks YK. Good & timly thread. This (Chily story) reminds me the joint opposition call for reduction of oil prices in Sri Lanka.
avatar
Ethical Trader
Top contributor
Top contributor

Posts : 4568
Join date : 2014-02-28

Back to top Go down

Re: Ant and the Grasshopper

Post by yellow knife on Thu Apr 28, 2016 4:20 pm

Ethical Trader wrote:Thanks YK. Good & timly thread. This (Chily story) reminds me the joint opposition call for reduction of oil prices in Sri Lanka.


When you are in opposition you want to reduce oil price.. When you are in power you want tax revenue..

During the accelerated war  of last Ealam war , a Buddhist monk and a opposition MP sued against government on oil price..Now when the same opposition become members in power they do the opposite of what they used to be.. and those who were in power also change the role to continue what previous opposition was doing...

This is why general public should be educated

 

yellow knife
Top contributor
Top contributor

Posts : 6090
Join date : 2014-03-27

Back to top Go down

Re: Ant and the Grasshopper

Post by yellow knife on Thu Apr 28, 2016 4:33 pm

Backstage wrote:(The third generation failing established family businesses in SL is good example why people not so fancy Grasshoppers any more and opt for more GRASS nowadays). Very Happy

Legalize it !   afro


Third Generation families become destroyer... a nice hypothesis...

My Grandfather used to say Sthithi, Dithi and Bange... that is Brahma develop, Wishnu maintain and EEshwara destroy... So he used to say all big dynasties end with third generation.... (  ? )

****************************************************


My grandfather rode a camel, my father rode a camel, I drive a Mercedes, my son drives a Land Rover, his son be again on camel...

               ---------
Râshid bin Sa`îd Âl Makṫûm

Vice-President and Prime Minister of the United Arab Emirates and Emîr (Arabic: أمير‎) (Ruler) of Dubai. He ruled for 32 years from 1958 until his death in 1990

yellow knife
Top contributor
Top contributor

Posts : 6090
Join date : 2014-03-27

Back to top Go down

Back to top


 
Permissions in this forum:
You cannot reply to topics in this forum