Time Management from Michael Hyatt's Blog

I saw a great post from Michael Hyatt today. It was about why we cannot complete our work. It's has some great tips. In fact, I can vouch for nearly all the 10 points as I practice them personally and have been greatly benefited. Read the post here.

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Indian Markets - Crystal ball gazing

Here is what I came yup with by crystal-ball gazing (the crystal ball is now pretty cloudy and filled with dust, but what-the-heck...it sure is some fun to look at it once in a while... Sensex/Nifty will make a dash for the all-time high sometime soon (maybe as early as October end) Either breach it or turn back just short of it. A bout of profit booking follows. Indices go down 10%-15% (back to around 18K-18.5K) Main indices remain sideways for the next couple of quarters. Mid caps move up from now as the last few weeks the valuation gap has widened. Sometime after 2-3 quarters, the next up move starts for the main indices. By that time, PE is down to about 22 (which is still high but certainly not hitting the roof). One point to consider is that the 2008 debacle is still fresh in the minds of most people, and as long as it remains, the sentiment of fear will be there. That will prevent the markets from having a runaway rally or a breakneck fall. I sure hope I am right!!!

Great Quotes

I came across some very nice quotes on the web. Some were really good and worth repeating. Figure out what the top five most important stuff is, focus relentlessly on that and keep iterating. Less is more. -- Daniel Ek, CEO, Spotify My personal limit is upto 3 concurrent goals. It gets much much more complicated if it grows more than that. Have 3-4-5 (whatever suits you fine) goals that are top of the list and focus on them wholeheartedly. Don’t let people tell you your ideas won’t work. If you have a hunch that something will work, go build it. Ignore the haters. -- Dennis Crowley, CEO, FourSquare There will always be naysayers. It's more important to believe in yourself and do what you think is right. End of the day you are only answerable to yourself, and no one else. Follow your gut. it may be wrong, but you won’t regret it if you fail. You’ll regret it if you ignore your gut and fail. -- Sarah Lacy, CEO, PandoDaily Follow your instincts, but upto a limit. The

Supreme Industries - Interesting Play on plastics and Real-Estate

Notes from Annual Report 2010 * The company expects to achieve 20%+ volume growth per year in medium term * No significant change in product wise share of revenue * Crisil has upgraded the rating outlook from A+Stable to A+Positive * 1, 3 and 5 year sales growths are: 20%, 17.76% and 18.45% respectively * 1, 3 and 5 year PAT growths are: 48.6%, 42.39% and 43.66% respectively * Last 3 years average RoCE is 33% * Last 3 years average RoE is 34% * Long term Debt-Equity ratio has reduced from 1.02 to .49. This should reduce even more with the increased sale of the commercial building space. PLASTIC PIPING SYSTEMS * India's capacity for PVC resin is 67% of demand. Rest is imported. * Kanpur plant's capacity to be expanded from 8000 tons p.a to 15000 tons p.a. Plant is to be commissioned by Dec'10 * Newly launched Lifeline CPVC grew more than 120% * "Aqua Gold" plumbing system for cold water has grown by over 50%. It is successfully replacing GI pipes. * Expects the ren

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