The World as We Know It: 8 Ways to Feel Good When You Low

The World as We Know It: 8 Ways to Feel Good When You Low

Prediction for 2008 - Warren Buffet - 3rd Richest Man in the world

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"Eight for '08"
Warren Buffett became one of the wealthiest people in the world by
making predictions and putting money behind those predictions. Every
time he buys a stock or a business or some other investment, he's
forecasting the future.

Judging by the incredible returns of his holding company Berkshire
Hathaway, Buffett and his colleagues are very good at making those
predictions.

Of course, it helps when you can give your predictions plenty of time
to come true. That's one reason Buffett's favorite holding period for
investments in "outstanding businesses with outstanding managements"
is "forever." After all, "We don't get paid for activity, just for
being right. As to how long we'll wait, we'll wait indefinitely."

1. Recessions can't be avoided forever.

In the last few days, Buffett told that if unemployment picks up
significantly, the "dominoes" will fall and the U.S. economy will fall
into recession in 2008. He's not sure, however, that unemployment
will go up next year. In fact, he's surprised that all the weakness
we're seeing in housing hasn't affected the jobs market ... yet.
Here's what he is sure about: "It is the nature of capitalism to
periodically have recessions. People overshoot."

2. We'll survive future recessions just as we've survived past
problems.

As Buffett told in August, "We've got a wonderful economy... There's
never been anything like that in the history of the world. We live
seven times better than the people did a century ago on average...
We've had problems all along. If you look at the last century, we had
that Great Depression and World War Two, we had the Cold War, we had
the atomic bomb, but the country does well."

3. Recessions will create opportunities.

"I made by far the best buys I've ever made in my lifetime in 1974.
And that was a time of great pessimism and the oil shock and
stagflation and all those sort of things. But stocks were cheap."

4. All stocks won't be cheap.

Like Ted Williams waiting for the right pitch, a successful investor
waits for the right stock at the right price, and it doesn't happen
every day. "What's nice about investing is you don't have to swing at
pitches. You can watch pitches come in one inch above or one inch
below your navel, and you don't have to swing. No umpire is going to
call you out." You get in trouble, Buffett says, when you listen to
the crowd chanting "Swing, batter, swing!"

5. The crowd will make mistakes.

Buffett cites this piece of advice from his mentor Benjamin Graham:
"You're neither right nor wrong because other people agree with you.
You're right because your facts are right and your reasoning is right—
and that's the only thing that makes you right. And if your facts and
reasoning are right, you don't have to worry about anybody else."

6. Investors will mistakenly think falling stock prices are bad.

"If they reduce the price of hamburgers at McDonald's today I feel
terrific. Now I don't go back and think, gee, I paid a little more
yesterday. I think I'm going to be buying them cheaper today. Anything
you're going to be buying in the future, you want to have get cheaper.

7. Good times will prompt bad decisions.

In his 2000 Letter to Berkshire shareholders, Buffett compared the
crowd that buys big when prices are high to Cinderella at the ball.
"They know that overstaying the festivities - that is, continuing to
speculate in companies that have gigantic valuations relative to the
cash they are likely to generate in the future - will eventually bring
on pumpkins and mice. But they nevertheless hate to miss a single
minute of what is one helluva party. Therefore, the giddy participants
all plan to leave just seconds before midnight. There's a problem,
though: They are dancing in a room in which the clocks have no hands."

8. There will be more dancing at another wild party followed by
another painful hangover.

Looking back at the Internet bubble, Buffett is quoted as saying,
"The world went mad. What we learn from history is that people don't
learn from history."

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Mostly Harmless: java Exception - Unknown Source

Many time java engineer is in dilema of exception called Unknown Source and it take
hours and some whole day to track the source of exception by tracking entire code flow

Here is very good tips to tackle from such kind of error, it is basically because of
ant level configuration in build.xml

Please visit Nilesh Bansal blog for more details insight on it

Mostly Harmless: java Exception - Unknown Source

Happy Debugging

Golden Rules to earn money in Stock Market

1. Keep patience - that's most important rule in stock market.
2. Always follow the market trend.
3. Do fundamental analysis of any stocks before investing in to Stock
Market.
4. Invest equal amount of money in 3-4 scripts & keep your eyes on your
stock holding and market trend to get good returns.
5. Strictly follow stop loss for any stocks.
6. Don't loose your focus.
7. Book Profit on every rise,so always you will get benefited.
8. Keep your profit aside and rotate the principal amount again in stock
market.
9. Don't forget any of above rule & follow *Tips4Trade tips*, you will be
always in profit.

Warren Buffett Talk / VIdeo on Stock picking and Investing - Part 1

Warren Buffett Quotes

Warren Buffett Quotes

A public-opinion poll is no substitute for thought.


Chains of habit are too light to be felt until they are too heavy to be broken.


I always knew I was going to be rich. I don't think I ever doubted it for a minute.


I am quite serious when I say that I do not believe there are, on the whole earth besides, so many intensified bores as in these United States. No man can form an adequate idea of the real meaning of the word, without coming here.


I buy expensive suits. They just look cheap on me.


I don't look to jump over 7-foot bars: I look around for 1-foot bars that I can step over.


I never attempt to make money on the stock market. I buy on the assumption that they could close the market the next day and not reopen it for five years.

If a business does well, the stock eventually follows.


If past history was all there was to the game, the richest people would be librarians.

In the business world, the rearview mirror is always clearer than the windshield.


It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you'll do things differently.


It's better to hang out with people better than you. Pick out associates whose behavior is better than yours and you'll drift in that direction.


It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price.


Let blockheads read what blockheads wrote.


Look at market fluctuations as your friend rather than your enemy; profit from folly rather than participate in it.


Of the billionaires I have known, money just brings out the basic traits in them. If they were jerks before they had money, they are simply jerks with a billion dollars.


Only buy something that you'd be perfectly happy to hold if the market shut down for 10 years.


Only when the tide goes out do you discover who's been swimming naked.


Our favorite holding period is forever.


Our favourite holding period is forever.


Price is what you pay. Value is what you get.


Risk comes from not knowing what you're doing.

Risk is a part of God's game, alike for men and nations.


Rule No.1: Never lose money. Rule No.2: Never forget rule No.1.


Should you find yourself in a chronically leaking boat, energy devoted to changing vessels is likely to be more productive than energy devoted to patching leaks.


The business schools reward difficult complex behavior more than simple behavior, but simple behavior is more effective.


The first rule is not to lose. The second rule is not to forget the first rule.


The investor of today does not profit from yesterday's growth.


The only time to buy these is on a day with no "y" in it.


The smarter the journalists are, the better off society is. For to a degree, people read the press to inform themselves-and the better the teacher, the better the student body.


There seems to be some perverse human characteristic that likes to make easy things difficult.


Time is the friend of the wonderful company, the enemy of the mediocre.


Value is what you get.


We believe that according the name 'investors' to institutions that trade actively is like calling someone who repeatedly engages in one-night stands a 'romantic.'


We enjoy the process far more than the proceeds.


We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.


When a management team with a reputation for brilliance tackles a business with a reputation for bad economics, it is the reputation of the business that remains intact.


When a management with a reputation for brilliance tackles a business with a reputation for bad economics, it is the reputation of the business that remains intact.


Why not invest your assets in the companies you really like? As Mae West said, "Too much of a good thing can be wonderful".


Wide diversification is only required when investors do not understand what they are doing.


You do things when the opportunities come along. I've had periods in my life when I've had a bundle of ideas come along, and I've had long dry spells. If I get an idea next week, I'll do something. If not, I won't do a damn thing.


You only have to do a very few things right in your life so long as you don't do too many things wrong.


Your premium brand had better be delivering something special, or it's not going to get the business.

10 Essential Health Tips

1. Move More

Make it a daily challenge to find ways to move your body. Climb stairs if given a choice between that and escalators or elevators. Walk your dog; chase your kids; toss balls with friends, mow the lawn. Anything that moves your limbs is not only a fitness tool, it's a stress buster. Think 'move' in small increments of time. It doesn't have to be an hour in the gym or a 45-minute aerobic dance class or tai chi or kickboxing. But that's great when you're up to it.

2. Cut Fat

Avoid the obvious such as fried foods, burgers and other fatty meats (i.e. pork, bacon, ham, salami, ribs and sausage). Dairy products such as cheese, cottage cheese, milk and cream should be eaten in low fat versions. Nuts and sandwich meats, mayonnaise, margarine, butter and sauces should be eaten in limited amounts. Most are available in lower fat versions such as substitute butter, fat free cheeses and mayonnaise.

3. Quit Smoking

The jury is definitely in on this verdict. Ever since 1960 when the Surgeon General announced that smoking was harmful to your health, Americans have been reducing their use of tobacco products that kill. Just recently, we've seen a surge in smoking in adolescents and teens. Could it be the Hollywood influence? It seems the stars in every movie of late smoke cigarettes. Beware. Warn your children of the false romance or 'tough guy' stance of Hollywood smokers.

4. Reduce Stress

Easier said than done, stress busters come in many forms. Some techniques recommended by experts are to think positive thoughts. Spend 30 minutes a day doing something you like. (i.e.,Soak in a hot tub; walk on the beach or in a park; read a good book; visit a friend; play with your dog; listen to soothing music; watch a funny movie. Get a massage, a facial or a haircut. Meditate. Count to ten before losing your temper or getting aggravated. Avoid difficult people when possible.

5. Protect Yourself from Pollution

If you can't live in a smog-free environment, at least avoid smoke-filled rooms, high traffic areas, breathing in highway fumes and exercising near busy thoroughfares. Exercise outside when the smog rating is low. Exercise indoors in air conditioning when air quality is good. Plant lots of shrubbery in your yard. It's a good pollution and dirt from the street deterrent.

6. Wear Your Seat Belt

Statistics show that seat belts add to longevity and help alleviate potential injuries in car crashes.

7. Floss Your Teeth

Recent studies make a direct connection between longevity and teeth flossing. Nobody knows exactly why. Perhaps it's because people who floss tend to be more health conscious than people who don't?

8. Avoid Excessive Drinking

While recent studies show a glass of wine or one drink a day (two for men) can help protect against heart disease, more than that can cause other health problems such as liver and kidney disease and cancer.

9. Keep a Positive Mental Outlook

There's a definitive connection between living well and healthfully and having a cheerful outlook on life.

10. Choose Your Parents Well

The link between genetics and health is a powerful one. But just because one or both of your parents died young in ill health doesn't mean you cannot counteract the genetic pool handed you.