In 1964, Gary Flandro stated that the outer planets – Jupiter, Saturn, Uranus, and Neptune – would align in a rare pattern in the late 1970s. And NASA scientists really wanted to catch hold of such event that occurred only once in 2 centuries. 176 years to be very precise. But how? By launching a mission that would take a road trip towards these giant marbles. In less time. With less cost.
Shagun Jain is a CA and an MBA Professional in Finance from Jamnalal Bajaj Institute, Mumbai. In this conversation, he candidly shares how he lost 90% of his wealth from the core holding in his portfolio. He talks about his fascination with turn-around companies and how he picks them up for investment. On top of that, he actively shares his wisdom on how to tackle volatility and take advantage of such situations. He also writes his blog posts at Liberated Soul and tweets actively at @liberatedsoul3.
Curt Degerman spent his adult life collecting plastic cans from the trash bins. Being a ragpicker, he never paid even a single penny for a meal. He consumed whatsoever unconsumed food he found in the bins of restaurants. Neither he married. Nor he had a family of his own. Just lived a solitary life. For forty long years, he cycled across his town in Sweden, picked up cans and exchanged them with a recycling plant for money.
Felix Baumgartner was sixteen when he jumped off a building for the first time. That’s when he realized it was what he really wanted to do. Jumping off the bridges, parachutes, mountains, and pillars. But he had no idea what his future had in store for him. Never he had imagined that his luck would take him 39 km above East Mexico and make him jump at a speed that would exceed the speed of sound.
A few days ago, I was reading an analysis report on Kotak Mahindra Bank by Jana Vembu. It explains how KMB emerged as a survivor by providing its banking services to consumers, corporates and commercial businesses. As per the report, Re.1 invested with Mr. Uday Kotak (Managing Director, KMB) in 1985 would be worth Rs.2 Lakh today.