Yes yes yes

Warren Buffett - last month on tape, in an interview (Charlie Rose)

"A simple rule dictates my buying: Be fearful when others are greedy, and be greedy when others are fearful. And most certainly, fear is now widespread, gripping even seasoned investors. In fact i havent seen so much economic fear in my adult lifetime. 100% percent of my personal portfolio will go into American shares soon. I guess its a once -in- a - longtime chance - to buy a nice piece of america's future profit makers at a remarkably marked down price"

Did you know that when buffett turned 15, he already had made money equivalent to USD 60,000 (adjusted to today's value) which he kept as bundles of cash in his dresser. He sold golf balls, pin ball machines, ran newspaper routes and stuff ?

I havent seen so much economic fear in my adult lifetime too :)

BUT unlike warren, il be lucky if my portfolio, over my, what, 7-8 years of investing is still in the black. Somehow i DONT feel bad. My analysis is nearly always right - FRAMEWORK wrong, as Buffett would declare.

Great experience, i reckon, but my boss is not impressed - amused, yes - but not impressed. Theres talk that he & his crony are going to cut my pocket money off and ask me to live on the salary im being paid - good for discipline, accountability, to put me off stocks and understand the logic of buying a car off my own money & writing it off against dues to P.Chidambaram instead of borrowing one wherever i go.

(Me: 'whats the need'
Zeenat: 'Kanja pisinari' )