The poor bet on lottery tickets. The not-as-poor bet on horses and dogs. The rich go to casinos, bet on cards and at roulette tables. The super rich play the share market. Note how the chances of winning increases the richer you are! At the poor-end you get lottery vendors. They are in the hope-retailing business. People can and do lose at the rich-end of course, but if you keep your head you can always break-even. hen there’s the share market. If you have the bucks and you have a head, you are through. You are laughing. Those who have bucks, but let greed discolor judgment can lose. By and large, at the end of the day the big boys are still at the crease, making a lot of runs.
Sri Lanka is a small country. Everyone knows everyone, almost. When it comes to the business community, we are just a handful of people – those who count, that is. And most of us are Kolombians. We club together. Our kids date each other. There’s a lot of wealthy-marrying-wealthy in our tribe. We basically know who owns what and who wants to do what with what they have. We have what could be called a healthy rivalry going among ourselves.
Sure there are ups and downs. When it is ‘up’, we laugh. When it’s ‘down’ we blame the Government for failing to streamline the Colombo Stock Exchange. We complain that the rules and regulations are tweaked to help the stooges. We have enough economists, financial experts and even politicians in the Opposition who not only have shares but can talk shares. They raise a hue and cry. They won’t say ‘We are Kolombians’ of course. When it is ‘up,’ as we said, we make do our thing, make our bucks and we don’t even have to laugh all the way to the bank thanks to enhanced technology that allows us to point-click our way to places way beyond the reach of the riff-raff.
There is of course the unpalatable. There are some baiyas who have become big shots of late. They have the inside track so to speak. They’ve risen and how! They’ve even purchased large swathes of the best real estate in our traditional homeland. It’s quite insufferable. It would be nice if they joined the club and gradually become Kolombians in their own right. Over a few generations, let me add, for we can’t give membership to just anyone, especially some yakkos who have the gumption to sneer at us. The problem is that they think they actually own the club and that they can give themselves membership and worse even strut around as though they are elected representatives of the exclusive Kolombian Collective.
We want them out and we shall hoof them out. Sooner or later. Our bloodlines must remain pure.
But until then, we are not exactly scrambling for crumbs in some dingy back bedroom of a slum, mind you. As I said, we are the big boys and girls in this business. We have the inside track. Others might make a run but we are the biggest winners when it’s ‘up’ and when it’s ‘down’ we can sit the bad times out without going under. That’s the lovely thing about being Kolombians. The country may go to the baiyas for some time, but you won’t catch us losing out.
www.nation.lk
Fri Jul 19, 2024 10:30 am by faithhharris
» CCS.N0000 ( Ceylon Cold Stores)
Wed Mar 20, 2024 11:31 am by Hawk Eye
» Sri Lanka plans to allow tourists from August, no mandatory quarantine
Wed Sep 13, 2023 12:16 pm by lauryfriese
» When Will It Be Safe To Invest In The Stock Market Again?
Wed Apr 19, 2023 6:41 am by කිත්සිරි ද සිල්වා
» Dividend Announcements
Wed Apr 12, 2023 5:41 pm by කිත්සිරි ද සිල්වා
» MAINTENANCE NOTICE / නඩත්තු දැනුම්දීම
Thu Apr 06, 2023 3:18 pm by කිත්සිරි ද සිල්වා
» ඩොලර් මිලියනයක මුදල් සම්මානයක් සහ “ෆීල්ඩ්ස් පදක්කම” පිළිගැනීම ප්රතික්ෂේප කළ ගණිතඥයා
Sun Apr 02, 2023 7:28 am by කිත්සිරි ද සිල්වා
» SEYB.N0000 (Seylan Bank PLC)
Thu Mar 30, 2023 9:25 am by yellow knife
» Here's what blind prophet Baba Vanga predicted for 2016 and beyond: It's not good
Thu Mar 30, 2023 9:25 am by HaeroMaero
» The Korean Way !
Wed Mar 29, 2023 7:09 am by කිත්සිරි ද සිල්වා
» In the Meantime Within Our Shores!
Mon Mar 27, 2023 5:51 pm by කිත්සිරි ද සිල්වා
» What is Known as Dementia?
Fri Mar 24, 2023 10:09 am by කිත්සිරි ද සිල්වා
» SRI LANKA TELECOM PLC (SLTL.N0000)
Mon Mar 20, 2023 5:18 pm by කිත්සිරි ද සිල්වා
» THE LANKA HOSPITALS CORPORATION PLC (LHCL.N0000)
Mon Mar 20, 2023 5:10 pm by කිත්සිරි ද සිල්වා
» Equinox ( වසන්ත විෂුවය ) !
Mon Mar 20, 2023 4:28 pm by කිත්සිරි ද සිල්වා
» COMB.N0000 (Commercial Bank of Ceylon PLC)
Sun Mar 19, 2023 4:11 pm by කිත්සිරි ද සිල්වා
» REXP.N0000 (Richard Pieris Exports PLC)
Sun Mar 19, 2023 4:02 pm by කිත්සිරි ද සිල්වා
» RICH.N0000 (Richard Pieris and Company PLC)
Sun Mar 19, 2023 3:53 pm by කිත්සිරි ද සිල්වා
» Do You Have Computer Vision Syndrome?
Sat Mar 18, 2023 7:36 am by කිත්සිරි ද සිල්වා
» LAXAPANA BATTERIES PLC (LITE.N0000)
Thu Mar 16, 2023 11:23 am by කිත්සිරි ද සිල්වා
» What a Bank Run ?
Wed Mar 15, 2023 5:33 pm by කිත්සිරි ද සිල්වා
» 104 Technical trading experiments by HUNTER
Wed Mar 15, 2023 4:27 pm by katesmith1304
» GLAS.N0000 (Piramal Glass Ceylon PLC)
Wed Mar 15, 2023 7:45 am by කිත්සිරි ද සිල්වා
» Cboe Volatility Index
Tue Mar 14, 2023 5:32 pm by කිත්සිරි ද සිල්වා
» AHPL.N0000
Sun Mar 12, 2023 4:46 pm by කිත්සිරි ද සිල්වා
» TJL.N0000 (Tee Jey Lanka PLC.)
Sun Mar 12, 2023 4:43 pm by කිත්සිරි ද සිල්වා
» CTBL.N0000 ( CEYLON TEA BROKERS PLC)
Sun Mar 12, 2023 4:41 pm by කිත්සිරි ද සිල්වා
» COMMERCIAL DEVELOPMENT COMPANY PLC (COMD. N.0000))
Fri Mar 10, 2023 4:43 pm by yellow knife
» Bitcoin and Cryptocurrency
Fri Mar 10, 2023 1:47 pm by කිත්සිරි ද සිල්වා
» CSD.N0000 (Seylan Developments PLC)
Fri Mar 10, 2023 10:38 am by yellow knife
» PLC.N0000 (People's Leasing and Finance PLC)
Thu Mar 09, 2023 8:02 am by කිත්සිරි ද සිල්වා
» Bakery Products ?
Wed Mar 08, 2023 5:30 pm by කිත්සිරි ද සිල්වා
» NTB.N0000 (Nations Trust Bank PLC)
Sun Mar 05, 2023 7:24 am by කිත්සිරි ද සිල්වා
» Going South
Sat Mar 04, 2023 10:47 am by කිත්සිරි ද සිල්වා
» When Seagulls Follow the Trawler
Thu Mar 02, 2023 10:22 am by කිත්සිරි ද සිල්වා
» Re-activating
Sat Feb 25, 2023 5:12 pm by කිත්සිරි ද සිල්වා
» අපි තමයි හොඳටම කරේ !
Tue Feb 14, 2023 3:54 pm by ruwan326
» මේ අර් බුධය කිසිසේත්ම මා විසින් නිර්මාණය කල එකක් නොවේ
Tue Jan 03, 2023 6:43 pm by ruwan326
» SAMP.N0000 (Sampath Bank PLC)
Wed Nov 30, 2022 8:24 am by කිත්සිරි ද සිල්වා
» APLA.N0000 (ACL Plastics PLC)
Fri Nov 18, 2022 7:49 am by කිත්සිරි ද සිල්වා
» AVOID FALLING INTO ALLURING WEEKEND FAMILY PACKAGES.
Wed Nov 16, 2022 9:28 pm by කිත්සිරි ද සිල්වා
» Banks, Finance & Insurance Sector Chart
Tue Nov 15, 2022 5:26 pm by කිත්සිරි ද සිල්වා
» VPEL.N0000 (Vallibel Power Erathna PLC)
Sun Nov 13, 2022 12:15 pm by කිත්සිරි ද සිල්වා
» DEADLY COCKTAIL OF ISLAND MENTALITY AND PARANOID PERSONALITY DISORDER MIX.
Mon Nov 07, 2022 6:36 pm by කිත්සිරි ද සිල්වා
» WATA - Watawala
Sat Nov 05, 2022 8:44 am by කිත්සිරි ද සිල්වා
» KFP.N0000(Keels Food Products PLC)
Sat Nov 05, 2022 8:42 am by කිත්සිරි ද සිල්වා
» Capital Trust Broker in difficulty?
Fri Oct 21, 2022 5:25 pm by කිත්සිරි ද සිල්වා
» IS PIRATING INTELLECTUAL PROPERTY A BOON OR BANE?
Thu Oct 20, 2022 10:13 am by කිත්සිරි ද සිල්වා
» What Industry Would You Choose to Focus?
Tue Oct 11, 2022 6:39 pm by කිත්සිරි ද සිල්වා
» Should I Stick Around, or Should I Follow Others' Lead?
Tue Oct 11, 2022 9:07 am by කිත්සිරි ද සිල්වා