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AIB Roast: HC stay on Deepika Padukone’s arrest till March 16

The Bombay High Court has granted protection from police arrest to Deepika Padukone till March 16 in connection to an FIR over her participation in All India Bakchod’s (AIB) ‘roast’ or insult comedy programme at the National Sports Club of India. Numerous Hindu scriptures are witnesses to such sacrifices. “Members of the VHP came to Deonar abattoir late at night and asked us to stop the slaughter, showing the copy of the High Court order,” said Mohammad Ali Qureshi, president of the Bombay Suburban Beef Dealers Association. Allen posted a photo on Twitter on Tuesday of the World War II battleship Musashi’s rusty bow, which bore the Japanese empire’s Chrysanthemum seal. D N Jha, a Professor of History, Delhi University and member of ICHR, had written in his book ‘the Myth of the Holy Cow.’ Mr. The chamber said the Maharashtra government’s move will effectively help improve cattle wealth and increase milk production. Deepika Padukone has filed two petitions, seeking quashing of FIRs filed in Pune and Mumbai’s Tardeo police station. According to recent reports, Sussanne Khan bought a beautiful penthouse in Pune for about 16 crore! The penthouse is located in Trump Towers, Kalyani Nagar and the celebrity interior decorator has bought the property only for investment purpose. Kunal Khemu tweeted, On the early morning safari at Nagarhole wildlife reserve through the mist we spotted this beautiful… It’s family time for Saif-Kareena , Soha-Kunal while witnessing life at Nagarhole wildlife reserve.


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There are hot hatches, and then there is the Civic Type R. Alia Bhatt who calls her vanity van as a second home tweeted with a picture, “My second home, my vanity van !!! Thank you amritamahalnakai for transforming my van !! I love you to… The actress has recently got a new makeover for her vanity van. The American billionaire, who has also pursued space exploration, said his luxury yacht and exploration ship, the M/Y Octopus, found the Musashi one kilometre (1.6 miles) deep on the floor of the Sibuyan Sea.

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Hrithik Roshan’s ex-wife Sussanne Khan has bought an expensive property for herself outside Mumbai city. Ness’ mother Maureen Wadia spoke to the media recently at the Mumbai auditions of the Gladrags Mrs India 2015 auditions. Honda’s racecar for the road has got an all-new avatar after a five year long wait and the result is a hatchback that proudly claims to be the most powerful production CTR yet. Taking umbrage at Owaisi’s tone and tenor, the Shiv Sena reiterated its stance that reservations policy must be based on social criteria and not religious lines.

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For special treatment, go to Pakistan: Shiv Sena tells Muslims

Eating Beef Is Not Sinful

In almost every part of the world, Beef is harvested from cows, bulls, heifers, etc. A source was quoted saying, “Yes, she has purchased a penthouse in Pune.

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Actress Kareena Kapoor Khan with hubby Saif Ali Khan spend their quality time with newly wed couple Soha Ali Khan and Kunal Khemu. With its 5 states, 2 union territories, rocky plateau, river valleys’ and coastal plains, the south of India is extremely different from its Northern counterpart. The edit was said to be in reaction to All India Majlis Ittehadul Muslimeen (AIMIM) chief Asaduddin Owaisi’s speech in Nagpur March 1, where among other things, he demanded reservations for the Muslim community on the lines of Marathas in Maharashtra. Acceptability of beef as a food source varies in different parts of the world according to the availability. Akhtar appeared with Indian cricketer Harbhajan Singh on a comedy show in India called ‘Comedy Nights with Kapil’, which is popular in both India and Pakistan.

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Manila:  Microsoft co-founder Paul Allen says he has found the Japanese Navy’s biggest warship at the bottom of the sea in the Philippines, 70 years after US forces sank it. The Vishwa Hindu Parishad, or World Hindu Council, a nationalist group linked to Prime Minister Narendra Modi’s ruling party, acted after winning a court order to stop the killing of bulls and bullocks. Just to bring home the point, I am quoting the Hindu scriptures like Manusmriti, Vedas, Upanishads, Brahmins, Grihsutras, Dharmasutras and others.

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The smell of crisp vadas, the sound of spluttering mustard seeds, the taste of hot piping sambar made with fresh and pulpy tamarind, and the touch of feather-light, soft idlis – South Indain food appeals to all senses, is aromatic and delicious! Dosa and chutney are just a brief trailer to an otherwise long, colourful, rich and absolutely fascinating journey that is South India. MCCI director Jasim Mohammad told IANS: “Earlier also there was a law in the state but it was not properly implemented.

For special treatment, go to Pakistan: Shiv Sena tells Muslims

Mumbai: “If the Muslim community in India want any special treatment as Muslims, they should go to Pakistan,” the Shiv Sena warned. Jha had received death threats over his book. Kerala, Tamil Nadu, Karnataka, Telangana and Andhra Pradesh each have their own culture, languages and by way of that many different cuisines.

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After beef ban, Hindu groups force abattoirs to close

By Meenakshi Sharma MUMBAI (Reuters) – Members of a Hindu nationalist group have forced several abattoirs in Maharashtra to shut after a law was passed banning the beef trade there, a leader of the group and a lawyer for meat traders said on Wednesday. “If they (Muslims) want anything from this country, they must first accept India as their motherland and proclaim ‘Vande Mataram’. The couples are in Nagarhole, spending their weekend staying over at Saad Bin Jung’s resort, The Bison. In the picture, Kareena, Saif, and Soha Ali Khan are chilling out in open cottage, assuming Kunal Khemu clicking their picture, as he is missing. The beef trade is mainly controlled by minority Muslims, raising concern that the ban is driven by Modi loyalists pursuing a Hindu agenda.

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After almost eight months of silence on the subject, the Wadias have finally spoken about actress Preity Zinta’s complaint of molestation against Ness Wadia on June 13, 2014. Boasting 310PS at crank and a torque output of 400Nm from its 2.0-litre petrol motor, the new Civic Type R is claimed to race from naught to 100kmph in 5.7s with a top whack of 270kmph.

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. Wadia Group scion Ness and Preity dated for almost five years between 2005 and 2009.

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Muslim chamber welcomes cow slaughter ban

The Muslim Chamber of Commerce and Industry (MCCI) here has welcomed the ban on cow slaughter in Maharashtra and urged Prime Minister Narendra Modi to clamp a nationwide ban. Being a Muslim, I’m afraid it would evoke undue reaction if I to reproduce what Dr. Having said that all I want to say is that whatever she has done is completely uncalled for and has left all of us in a very bad taste, apart from this the matter is subjudice and I wouldn’t want to talk about the case,” Ms Wadia said

Research and Markets: Research Report – Global Online Gambling & Betting Market 2014

For example, a quarter of poker players chose to bet on unregulated networks.

In North America, online gambling was legalized in three US states by early 2014, with online gambling revenues surging to millions in the first months of legal operation.

- Betfair Group

- Paddy Power

Europe has been a leader in adopting regulation regarding online gambling, but as the activity spreads, new measures are being enacted.

Online gambling is only starting to emerge in Africa. Mobile gambling is expected to grow at double-digit rates and to reach over 40% of the total online gambling market by 2018, as the number of mobile gambling users increases by a hundred million.

- These market reports inform top managers about recent market trends and assist with strategic company decisions

Companies Mentioned

- William Hill Online

About Research and Markets

- 888 Holdings

In the largest Latin American market, Brazil, gambling and betting is forbidden except for horse racing. As a result companies get a precise and unbiased impression of the market situation.

- Ladbrokes

In France, online gambling and betting has been legal since 2010, but many gamblers turn to illegal sites. The authors observe: while land-based lottery and casinos still dominate the gambling scene, online real-money gambling and betting are growing rapidly.. However, offshore gambling websites are popular among Brazilian gamblers, who spend several hundreds of EUR million annually on offshore sports betting sites.

- PokerStars

For more information visit

The regulatory landscape on online gambling and betting is varied. The majority of Western European countries have some laws in place to channel online gambling and betting. Among the findings of the reports researchers is that the online gambling and betting segment is increasing, enhanced by the spread of smartphones and tablet computers. In South Africa, online gambling awaits legalization in 2014.

DUBLIN–(BUSINESS WIRE)–Research and Markets ( has announced the addition of the “Global Online Gambling Betting Market 2014″ report to their offering.

Italy has one of the most advanced regulatory arrangements regarding online gambling in Europe. This ensures that the content of the original studies is correctly interpreted.

Regional variations in legislation and acceptance of online gambling and betting

The major trends in online gambling and betting globally are mobile and social gambling. Total online gambling revenue in Italy recently reached a high number in hundreds of millions of Euros, with poker constituting the largest segment.

- The analyses, statistical reports and forecasts are only based on reliable sources including national and international statistical offices, industry and trade associations, business reports, business and company databases, journals, company registries and news portals.

Global Online Gambling and Betting Market 2014 depicts the latest trends and developments in the field. The global online gambling market has a current value estimated at a medium double digit number in billions of Euros, with growth expected between +7 and 10% annually in the next few years.

- The author’s international employees research and filter all sources and translate relevant information into English. In Australia, which leads the world in terms of per person gambling, online sports betting and gambling has been growing by over 30% annually, while the growth of the total gambling market does not exceed 5%.

Regulation of online gambling and betting in Germany and Russia lag some of their neighbours.

Product Information:

The leading online gambling and betting companies worldwide include PokerStars, Bwin.Party, William Hill Online, each of which annually generate online revenues of over EUR 0.5 billion.

Online gambling and betting is spreading in the Asia-Pacific region. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

Trends in online gambling and betting.

- The authors provide secondary market research: By using various sources of information they ensure maximum objectivity for all obtained data. In North America and major Asian countries online real-money games are yet awaiting progress in regulation. In the USA, online gambling is legal only in three states and in many Asian countries gambling and betting is allowed only in casino resorts.

- Bwin.Party

Research and Markets is the world’s leading source for international market research reports and market data. The first regulated online gambling website in Kenya was launched in 2013. Progress in online betting regulation in Germany is expected in 2014, as several operators have applied for the first online sports betting licenses.

The spread of online betting and gambling is forcing governments to act to regulate

Senate Minority Leader McConnell to Democrats: Let’s not play Russian Roulette with the economy | OTR Interviews | On the Record

So it’s not a serious proposal. And if you do the tax cuts, extend them fully one more year, that still doesn’t sort of build in the stability that money business operators need in order to make plannings about capital investments.

MCCONNELL: No, that’s basically it. And step one would be say, Let’s extend the current tax rates for one more year. Right now, the Democrats have sort of drawn the line in the sand, saying, Either Republicans agree to our way, or we’re going to let all the taxes go up and stick the Republicans with the blame.

Secondly, we need to sit down and figure out if we want to turn off the sequester, how to pay for it. And they’ve already been doing that through the IRS, through the SEC, through the FCC, through the White House itself, which was floating a memorandum that they were going to send out to all the government contractors telling them, in effect, You better disclose, the implication being you won’t be able to do business with the government, an outrageous proposal.

VAN SUSTEREN: Am I correct, reducing it to sound bites, if this is correct, that the Republicans see it as the Democrats wanting transparency as to Republican contributors but not to Democratic contributors? Is it — is that an unfair…

VAN SUSTEREN: Well, let me take the other side, is that — is that why should the American people believe that Washington really is going to reform the tax code? It has had many opportunities and people have known it’s been bad and it hasn’t been done. And during that year, do what everybody on a bipartisan basis says they want to do, which is to have comprehensive tax reform. And I think it’s an interesting debate as to whether or not so-called 501(C)4 social welfare organizations should go down this path. And what they want to do is have a carve-out for groups that are supporting Democrats so it doesn’t apply to them and only apply to groups that are more likely to support Republicans.

GRETA VAN SUSTEREN, FOX NEWS HOST: Now to Capitol Hill, Senate Minority Leader Mitch McConnell warning the Democrats not to be playing Russian Roulette. It’s just that you can’t do it in a couple of months. The Democrats have the problem in that according to the — what they propose, president proposes, where taxes go up for everybody over $250,000, that means that the government is financed for eight days. It’s all about class warfare.

There was a Supreme Court case right on point back in 1958, NAACP versus the Alabama, where the state of Alabama was trying to get its hands on the donor list and the membership of the NAACP, and the Supreme Court said no.

Maybe we ought to just come together and extend the current tax rates for a year with an important commitment of the American people that we’re going to do something we say we’re all for anyway, which is to go through comprehensive tax reform again because we’re in an uncompetitive situation with a corporate tax rate that’s the highest in the world.

It was defeated tonight, and they’ll probably make us vote on it again tomorrow and it’ll be defeated again tomorrow.

This is a rush transcript from “On the Record,” July 16, 2012. That is some of our most successful small businesses in America. We had a lot discussions last year about how to pay for these kinds of things. I can’t guarantee the outcome, but I know there are at least six to eight Democrats in the Senate who’ve said they don’t even agree that $250,000 over is rich.

VAN SUSTEREN: If it were across the board, including the carve-outs, would you be in favor of it, including the Democratic carve-out, the transparency?

That would settle us down in terms of the fear that rates are going up. We need not to raise anybody’s taxes, particularly do we not want to raise taxes on almost a million of our most important and effective small businesses.

VAN SUSTEREN: Can we have that done before the election, I mean, before the lame duck because, you know, the American business people, whether you raise the taxes or not, they’re sort of sitting on the sidelines, trying to figure out what to do. And then sit down and talk about how — if we want to turn the so-called sequester off, there are ways to pay for that. If everybody’s taxes go up and the sequester kicks in, you’re going to have a major recession.

MCCONNELL: Yes. We all know who’s contributing because they’re already disclosed.

And here we are going after the biggest job creators in America, small businesses, under the guise of raising taxes on rich people. We are going to make sure we have that vote in the Senate. MITCH MCCONNELL, MINORITY LEADER: Good to see you.

So we ought to quit playing games with this and settle the country down. It’s got broad-based opposition. It’d take about year to do that correctly.

MCCONNELL: Thank you, Greta.

In fact, they’re having an internal debate about what’s the definition of rich. We know we’ve got a fiscal cliff coming at the end of the year. Everybody knows what we need to do at the end of the year. Senator Patty Murray says that she’s essentially going to let all the tax cuts expire and put it on the Republicans that the Republicans are raising taxes for everybody.

The Republicans, on the other hand, need to explain why the people who are very wealthy who may not need tax cuts, why they would feel so inspired to use the tax cuts to create more jobs.


So it’s a kind of jerry-rigged proposal to give the government information it needs to go after its political adversaries. Your thoughts on the Disclose Act?

MCCONNELL: Well, the House is going to vote, and I think they will approve extending the current tax rates. It takes about a year to rationally work our way through it. Let’s do it as responsible adults and not play Russian Roulette with the American economy.

VAN SUSTEREN: Senator, nice to see you, sir.

VAN SUSTEREN: Who’s going to blink first? I mean, because this really is sort of a showdown. In fact, it’s 53 percent of small business income and 25 percent of the workforce.

MCCONNELL: Look, I don’t think playing Russian Roulette with the economy is a smart thing to do. If you do, it’s going to cover a lot of people.

VAN SUSTEREN: Senator, thank you, sir.

VAN SUSTEREN: Meaning the money goes through them personally.

VAN SUSTEREN: All right, let me turn to another topic, the Disclose Act. It’s time to do it again. Most political contributions are already disclosed, those to candidates, those to parties, those to super-PACs that support the presidential candidates. That’s not competitive.

SEN. They’re all still on the table. We ought not to scare the country half to death. We ought not raise anybody’s taxes and the end of the year and use that year to begin to rationalize the whole tax code, which really needs it. And so they need to sell the American people why the eight days offsets any sort of stimulus effect of having people use that money for business.

So that’s an interesting debate to have. They are — they are corporations organized in such a way — S Corps, LLCs — that they pay taxes at the individual rate. It doesn’t do anything for deficit reduction, just pay for the government for four or five days. And every month that goes by as we watch what goes on in Washington, business people really feel apprehensive about making decisions.

MCCONNELL: Well, you certainly made the point about the president’s proposal. Corporate tax rates now in America are the highest of any country in the world.


MCCONNELL: Well, comprehensive tax reform is actually something Democrats and Republicans agree that we ought to do. What is he talking about? We spoke with Senator McConnell a short time ago.

MCCONNELL: Well, this is small group of those who are involved in the overall political discussion. They’ve got enough uncertainty going on with 40 straight months of unemployment above 8 percent.

MCCONNELL: Well, the latest absurdity. This is one of the things that we actually agree on, it’s just that you can’t do it on the back of an envelope over a couple of months.

MCCONNELL: Look, this really ought to be about the economy. It’s just a nonsense proposal. Some people say a million, some people say 250, some say 500.

VAN SUSTEREN: Looks like a little bit like the showdown at the OK corral over these taxes. Either the Republicans are going to blink first on this or the Democrats on this tax. It’d be bad for the economy. Ronald Reagan and Tip O’Neill did this on a bipartisan basis in the ’80s. Why? Because it’s designed by our Democratic friends to try to punish people who are supportive of Republicans and advantage their biggest ally, the labor unions, which The Wall Street Journal says have spent over $4 billion in money on campaigns over the last six or eight years.. This copy may not be in its final form and may be updated.

Our point is, when the president says we’re going to raise taxes on people making over $250,000 a year, he in fact hits over a million small businesses that don’t pay taxes as corporations, they pay taxes as individuals.

VAN SUSTEREN: Well, it seems to me both parties have a little bit of selling to do to the American people. I mean, here they’ve managed to come up with a bill that’s opposed by everybody from the ACLU to the NRA. We need to be responsible here

Judge orders gamblers to return winnings to New Jersey casino

31, 2012: The exterior of the Golden Nugget casino in Atlantic City N.J. (AP)

A mini-baccarat game is where the trouble started in April 2012. “Thus, a literal reading of the regulations … entails that the game violated the (Casino Control) Act, and consequently was not authorized.”

State Superior Court Judge Donna Taylor ruled in favor of the Golden Nugget casino in its dispute with 14 gamblers who say it was not there fault the cards were not shuffled and should be allowed to keep their winnings.. The casino was using decks of cards that paid a manufacturer to pre-shuffle, but the deck at hand was not shuffled.

The Associated Press contributed to this report

A New Jersey judge ordered the return of $1.5 million to a casino from gamblers who won at a table game after realizing the cards had not been shuffled.

Judge Taylor said the games were illegal under state law because they did not conform to the state’s gambling regulations.


Aug. Once the gamblers realized the cards were not shuffled, they increased their bets from $10 to $5,000 and proceeded to win 41 straight hands.

The Golden Nugget casino bought what were supposed to be pre-shuffled cards from a Kansas City Manufacturer. The manufacturer did acknowledge it failed to shuffle the cards. The litigation between the manufacturer and the casino was resolved, but a confidentiality agreement prevents details from being revealed.

“The dealer did not pre-shuffle the cards immediately prior to the commencement of play, and the cards were not pre-shuffled in accordance with any regulation,” the judge wrote

History Of This Border Gambling Town

It survived a flood over 100 years ago. After rebuilding the old irrigation canals that had been destroyed in the flood, the town began to attract more settlers setting up permanent residence.

Initially, the main force driving the Mesquite economy was raisins. Property values were shooting ever upward.

In 1887, a single family (though a family of one husband, five wives, and 39 children) made a go of it. After 100 years, the small border town between Utah and Nevada was meeting with real success as more casinos opened and its population, mostly retirees, began to grow.. As the automobile became more common, resulting in the passing through of many tourists on their way to other destinations, motels and hotels began cropping up to allow weary travelers a place to rest. Booming Las Vegas soon became Mesquite’s biggest customer as the town’s landscape became dominated by dairies supplying the demand for milk, eggs, and the like.

About the Author:

It’s Mesquite! ( offers information on Mesquite, Nevada casinos and resorts with exclusive discount offers. In the 1970′s, Peppermill Casino, which would later be called the Oasis, set up shop. It might be as close to a sure bet as you’ll ever see in a gambling town.

The construction of I-15 through Mesquite brought big changes. If you’re the gambling type — and if you’re interested in Mesquite then you probably are — I’d recommend putting your money on a strong comeback. Many homes went up for sale as residents began looking for work elsewhere.

But don’t count this tough little border town out. The effect was devastating and the pioneers abandoned the area.

Today the Oasis, the town’s first casino, has all but shut down due to hard economic times. The 1990′s saw growth in the gambling industry for the small city and it was marketed as an alternative to the bright lights and busy streets of Las Vegas. This put several hundred employees out of work. Mesquite didn’t have the wild shows, but the gambling was more laid back. Art Gib is a freelance writer.

Mesquite’s modern history begins in the late 19th century. Prior to that, it was little more than an area that was passed through on the Old Spanish Trail along the Virgin River heading towards California.

Those original settlers had their settlement essentially wiped out when their irrigation networks were destroyed by a flood just a few years after settling. But it wasn’t until the 1980′s that the city finally incorporated. A group of Mormon pioneers began settling in the area starting around 1880, calling the place Mesquite Flats. After living there for four years they, too, gave up and left the region. But just a few years later in 1894, a group of six families settled in the area, and this time the settlement was as success

How to Invest and Make Money Like Warren Buffett

Big suicidal mistakes in investing occur when decisions are made without a complete understanding of how a business or a particular industrial sector works. In 1989, Berkshire Hathaway invested US$600 million in Gillette, an investment which grew to US$850 million within two years, besides earning a handy US$52.5 million dividend yield. The idea is to go all in and back a few chosen bets, after detailed analysis. It may be their level of product innovation, acquired monopoly in product or service demand, a sector pioneer’s head start, or any other advantage that keeps them sufficiently ahead of all competition. We want to buy them when they’re on the operating table. A capable, trusted, and candid management is bound to make better decisions to widen the growth prospects of a business.

Timeless Wisdom from the Oracle of Omaha

Ergo, it’s not possible to emulate him, as he casts such a huge shadow on the markets today, that his investments sometimes turn out to be self-fulfilling prophecies due to the high volume of funds he pours in. A consistently high ROE for more than 5 years, marks a company to be a safe bet for investing.

To invest successfully over a lifetime does not require a stratospheric IQ, unusual business insights, or inside information. With Wrigley chewing gum, it’s the lack of change that appeals to me. It determines the value of each dollar earned in sales per share, for a company. Make investments to create a second source.

Invest in what you understand

The best thing that happens to us is when a great company gets into temporary trouble . . -Warren Buffett

Lastly, the core principle of Buffetology-once you find a good thing after careful analysis, hold on to it, as with time, it only gets better. A prime example is one of his biggest early bets and successes-Coca Cola, a company whose business model and future potential was rightly gauged by him.

Another such example is See’s Candies, a manufacturer of candy and chocolates, whose products have been in high demand, throughout United States. It is known for constant innovation and predictable market earnings. Since the 1980s, it has been a household brand with a proven market share. These include:

Low Price-to-Book Ratio: This ratio (= Stock Price/Total Assets – Intangible Assets – Liabilities) allows you to screen stocks that are trading below their book value, a.k.a. While a legion of analysts have tried to dissect Buffett’s approach to discover the holy grail of investing, very few have been able to replicate his success.

The master investor, who bought his first stock at the age of 11, doesn’t just buy securities now, but prefers buying controlling stakes in companies, assimilating them into the huge sprawling empire that is Berkshire Hathaway.

Go for companies with highly favorable long-term growth prospects

In the 1990s, he avoided the Dotcom bubble, by eschewing Internet-based businesses, whose future prospects, he did not fully comprehend. Speculative day trading not only incurs high transaction costs and taxes, but also doesn’t add up to substantial profit, compared to a well-thought out long-term bet. I don’t think it is going to be hurt by the Internet.

There are many other parameters that are a part of the scanner employed by the master investor. -Warren Buffett

Go after your strengths, and invest in what you understand. Because he bases his decisions on understanding an industry, instead of relying on hearsay, he has been insulated from the speculation-driven insanity that periodically grips the markets. undervalued stocks, which are bound to appreciate to their true value, in the future.

Low Price-Earnings Ratio: This important ratio (= Market value per share/Earnings per share) can only be used to compare companies within the same sector, to separate those with high earnings, trading at relatively low prices. When Procter Gamble bought Gillette, Berkshire Hathaway being the largest shareholder, earned a handsome profit of US$645 million.

Over the years, as his style of investment has evolved, Buffett, along with his closest business partner, Charlie Munger (Berkshire Hathaway’s Vice-chairman) have also focused on looking at the quality and leadership capabilities of the management, provided all other financial parameters check out. A company whose products and services have enjoyed perennial demand and established large-scale market exposure, is bound to do well. Of course, this strategy requires a lot of conviction in your choices, and at times, the willingness to be a contrarian, when conventional market wisdom thinks otherwise.

The Unbeatable Compounding Machine

For more than 49 years, Warren Buffett’s Berkshire Hathaway has grown at a rate of almost 25% every year. To put things into perspective, if a 60 cm rose bush were to grow at this rate, within 37 years, it would grow to be as tall as the Empire State Building!

In totality, these price multiples can together identify undervalued stocks, a rare breed that a value investor like Buffett prefers buying, as they have a high probability of appreciation compared to other stocks.

It takes 20 years to build a reputation and five minutes to ruin it. It is just that he has avoided blunders and learned from his mistakes through clear introspection.

The growth of his company, which has been beating the SP 500, almost continuously for decades, is testimony to the sound investing principles and mental framework that has helped him choose winners more frequently than others.

Focus on parameters identifying undervalued investments

Wide diversification is only required when investors do not understand what they are doing. Buffett has always believed in investing such companies that have a strong protective moat.

Do not save what is left after spending, spend what is left after saving.

How do you beat Bobby Fischer? You play him at any game but chess. Also recommended reading is the compendium of Buffett’s letters to his shareholders, where he has expounded the essence of his technique, in his unique folksy way. That’s the kind of business I like. Again, this indicator shouldn’t be used in isolation, but only as part of a broad analysis of the company’s financial fundamentals.

High Dividend Yield: The yield (= Annual dividends per share/Price per share) can separate out companies that pay out high dividends for every investor dollar put in.

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

You may not immediately make a killing on the stock market with Buffett’s principles, but you will certainly lose less money with his conservative value-investing approach, which is as good as a win, over a long period of time. An essential reading, is ‘The Intelligent Investor’ by Benjamin Graham, as well as ‘Common Stocks and Uncommon Profits’ by Philip Fisher, the two men, who have influenced Buffett’s approach. Such businesses are the sure-things of the stock market, which may not necessarily post spectacular results in any quarter, but will keep the profit meter ticking steadily.

Be patient, hold on, it gets better

A parameter that is closely monitored by the master investor is the return on equity (ROE), quantified as Net Income/Shareholder’s Equity. While this approach has also led to him missing out on a few good opportunities, it has largely saved him from large-scale losses.

The Key Investing Principles of Buffettology

Lastly, some timeless quotes to live by, from the Oracle of Omaha, that should be pinned on every investor’s work desk.

Risk comes from not knowing what you’re doing.

Another parameter that’s part of the Buffett scanner is the profit margin (Net Income/Net Sales x 100). -Warren Buffett

The most successful student of value investing guru-Benjamin Graham, pin-up boy of investment managers, the Oracle of Omaha, the unyielding CEO of Berkshire Hathaway, and the grand old sire of American capitalists, Warren Buffett is one of the few billionaires who made a substantial chunk of his early fortune, through pure investing.

. To qualify for investment, the profit margin needs to be consistently high and growing for the past 5 years.

If you buy things you do not need, soon you will have to sell things you need.

Market leaders are set apart by the strong competitive advantage (economic moat) that they hold, over their competitors. While this may not always lead to winning bets, it will protect you from the pitfalls of speculative (the-quest-of-the-next-big-miracle) investing.

An example from Buffett’s portfolio is Gillette, a market leader in personal care products, primarily including men’s razors. Consequently, their stock value suffers, and Buffett has always capitalized on such opportunities where the company is trading at a 20% to 25% discount price of its true book value. It measures the benefit generated for the invested shareholder money. It quantifies the net income earned by the company, for a small percentage of shareholder’s equity. Buffett believes in focusing on a few good bets for the long term and doesn’t believe in spreading himself too thin or over-diversifying. Buffett has always restricted himself to investing in businesses that he understands. . By focusing on a chosen few stocks that have passed his extremely detailed scanning test, he increases his holding in them over a period of time to bolster his bet. Let rationality reign over passion in matters of money and investing, and you shall build a solid fortune over a lifetime.

Go for companies with candid, trustable, and capable management

Ergo, invest in your circle of competence, it being the set of business sectors whose products and services, as well as market value, are comprehensible to you, through personal experience. He completely ignores the brouhaha and speculative trends of the market and entirely bases decisions on the study of a company’s balance sheet, market impact, and future potential. This also lets him invest in a high volume of shares of a company, in a single go, acquiring a significant, and at times, controlling stake in companies. All companies start small and the few who can identify their long-term value and prospects at that stage, to invest in them, ultimately reap big returns. -Warren Buffett

The value of a stock is dependent on the projection of its future earnings and if they are highly predictable, it makes for a smart bet. I try to stay in games where I have an edge, and I never will in technology investing. What’s needed is a sound intellectual framework for making decisions and the ability to keep emotions from corroding that framework. Invest only in companies that have good long-term growth prospects.

Buy undervalued growth companies

While he started out as a diligent follower of Graham’s value investing approach, aimed at snagging companies trading at prices lower than their true value, over time, Warren Buffett has absorbed and assimilated a range of ideas from other master investors, like Philip Fisher, and developed his own. Build a framework for choosing stocks, that’s customized according to your risk appetite in investing. True investors are in it for the long run. When considering a stock, think of it for what it is-an opportunity to buy a quantum of ownership in a business. Only in this circle, can you have the conviction to make future predictions. Evaluate its future potential and financial fundamentals, as well as market demand for its products and services. -Warren Buffett

Once in a while, opportunities open up, when innovative companies with high growth prospects get into trouble due to temporary setbacks. He has been known to be greedy and opportunistic during such times, when the market has been fearful about a stock and has earned rich dividends from the recovery of the stock price, in the long term.

Opt for companies with a strong economic moat

In the short term, the market is a popularity contest. This parameter should never form the only screening criteria, as not all low P/E ratios indicate undervalued high-performance companies.

Low Price-to-Sales Ratio: This parameter (= Stock price/sales per share) can be indicative of an undervalued stock. Even he made his share of mistakes, had missed opportunities, and lost a lot of money in the markets. In the long term, the market is a weighing machine. The prime imports from his approach have been outlined in the following lines.

Focus on a few good bets

Never depend on a single income. -Warren Buffett

Investors like Buffett amass great fortunes as they stay invested for the long term in high-growth companies and have the dexterity to spot them early. -Warren Buffett

At the other extreme of non-diversification is over-diversification. Think like the owners of a business when buying a stock, and your approach to the whole process is bound to change.

Our approach is very much profiting from lack of change rather than from change. Berkshire Hathaway’s US$57 million investment in the company has earned more than US$1.35 billion, in the ensuing years.

Choose companies with stable, consistent, and predictable earnings

Our favorite holding period is forever. If you think about that, you’ll do things differently.

Pick businesses with high and stable profit margins

Look for high return on equity

To sum up Buffett’s approach in the simplest of words, he goes after undervalued stocks, with strong financial fundamentals and growth prospects, holding them for the long term

Sports :: Horse Racing Forums – Free Tips, Betting Advice and Systems

You will be able to relate with other people who share the same passion as you do about this brilliant sport of kings.

Two aspects stand out of the significance of today’s internet: connection and advertising. Currently, a lot of betting is done on the internet, so people to chat with about the topic on the High Street are harder to find.

Those reasons are:

iv) Humour: You will often find a great deal of pleasant chitchat on many forums, although you’ll always have the odd cantankerous folk, and a few muppets. However, forums based on horse racing allow you not only to discuss a race, but also for numerous people to express how they consider the race to be run, and who they think the winner will be. When you think about it, all the talking carried out in forums is actually the free exchange of information. Other people adore the sport of kings as much as you do. You can read about the many opinions of others and impart your thoughts on those. This means that people can to respond to what other people have said. Via online forums, people can put across their opinions and various thoughts on countless subjects and hobbies such as horse racing. Sure, you know that you are not the only one with an interest in horse racing. To be more exact, some people go to horse racing forums in order to learn how to enhance their profits. These factors are the most important two reasons why the internet continues to develop each day. Many people remain on the same forum for years, and the humour and friendliness become part of their life, and horse racing gives you plenty of opening for this kind of gossip.

The internet provides a lot of people with, video chat, chat rooms,instant messaging, forums and many other means of communication in order to help them put across their opinions and thoughts online. Nevertheless, it is often the case that the people who you talk to on a daily basis and with whom you frequently interact do not always share the same passion that you do. This can be incredibly frustrating, but nothing to get suicidal about! By going to a horse racing forum, you should be able to discover someone with the same level of devotion that you have.. In the past, a person could chat about the bias of gambling in the bookmakers and have people listen to them. Most people fit into two groups, those that purchase, and those that chat to each other. This can be very important for people who do not have inside information on the race track.

i) Expression: A lot of people visit horse racing forums in order to convey their various emotions regarding a particular horse or race. This latter form of communication requires particular software.

So why is it important that people drop in on forums in order to express themselves? For one thing, in the real world it may be difficult to find people who want to chat about the subject. They either get free tips, systems, betting advice, and help on numerous other forms of gambling. In fact, a lot of people today go to see a horse racing forum due to many reasons.

iii) Information: A lot of people who go to forums do so in order to reveal, gather, or exchange information. A horse racing forum can help people impart a lot of opinions, isn’t that what interaction on the internet is all about?

This is another basis why horse racing forums are so critical. ii) Discussion: Expression can refer exclusively to you having other people pay attention to your thoughts and ideas. In a racing forum, a person can share their hopes of backing a winner, the sense of success and the agony of defeat

History of White’s

Business remains barred from conversation. However, membership was reserved for the wealthiest and most influential members of society who aligned themselves with the Tory party.

White’s gentlemen’s club began as a chocolate house that sold chocolate delicacies. The clubhouse had a special bow window on the ground floor. White’s sold hot chocolate and other chocolate concoctions. The table placed in front of the bow window was reserved for honored members and became a symbol of social prominence. The fashionable St. Members are mostly aristocrats. A prospective member needs someone to propose his membership and two seconds. James Street, where it remains today. Mrs. The bet was lost when the man died.

Lejeune, Anthony, Gentleman’s Clubs of London, Macdonald and Jane’s, 1979

Not much is known about the membership application process. Other bets had more serious consequences. If accepted, the new member pays around £850 a year in membership fees.

By 1778, White’s was an established gentlemen’s club. Many political bets were placed during the Napoleonic Wars. During the reign of King Charles II, chocolate houses were gathering places for London’s elite to debate politics. At this time, chocolate was a rare luxury that only the wealthy could afford. The membership is still all male. In fact, in 1783, the club was the unofficial headquarters of the Tory party.

Since its establishment as a gentlemen’s club, White’s has provided a place for members to socialize over cards and parlor games. Today the club has many leisure activities for members ranging from cards to billiards.

White’s may be one of the traditional gentlemen’s clubs that remains relatively unchanged by modern times. Etiquette is extremely important. Bets also included social concerns such as gentlemen’s fashions and marriages.. White’s was one of a number of chocolate houses that eventually became a gentlemen’s club.

Notable members of White’s include Horatio Walpole, Edward VII, Evelyn Waugh, David Niven and Prince Charles.

In addition to selling chocolates, Mrs. White’s sold tickets to plays performed at the Royal Drury Lane Theatre and the King’s Theatre. He hired a man to carry out the experiment. Bet topics ranged from political predictions to sports. Written about in novels and movies, White’s may also be the most famous gentlemen’s club.

Some eccentric bets for those with money to burn included Lord Avanley’s £3,000 bet on which of two raindrops would fall on the bottom of the famous bow window pane first. Applicants who already know many current club members have the best chance of success.

White’s Betting Book


Early History of White’s

White’s Club Life

During the nineteenth century, club members placed controversial bets in the famous White’s betting book. Ticket sales helped balance the costs of the chocolate and maintaining the establishment.

White’s has long been considered a Tory club. According to Anthony Lejeune’s book, Gentleman’s Clubs of London, one member bet £1,000 that a man could live under water for 12 hours. Italian immigrant Francesco Bianco, who changed his name to Francis White, founded the establishment in 1693 at 4 Chesterfield Street and called it Mrs.White’s Chocolate House. White’s has always had a reputation for high stakes gambling and unusual wagers. During this time period, White’s moved to 37-38 St. The sponsors write the prospective member’s name in a book and collect about 35 signatures of support for the applicant. James area was the most desirable area for a clubhouse. Beau Brummell held the seat for a number of years.

In the nineteenth century, the establishment was the most exclusive gentlemen’s club for well-born upper class young men. All fashionable gentlemen sought membership in the club

Morning line horse racing?

So basically, the morning line is someone’s estimate of what each horse’s closing odds will be. For example if the morning line on a particular horse is let say 8-5, that could change it’s never set. That because in the parimutuel system the odds are determined by the betting pool. It also could be someone’s opinion of what they think each horse’s chances should be. The morning line odds are the probable betting odds as estimated by a bookmaker or track handicapper, usually issued the morning of the race, before wagering begins. In this system if you make your bet on horse number 8 when the tote-board says the odds are 8-5 you are not guaranteed to get that payout, the odds will rise and fall prior to the running of the race when the pools are closed.

Note: Parimutuel is a form of betting and of handling the betting on horse races at racetracks, in which those holding winning tickets divide the total amount bet in proportion to their wagers, less a percentage for the management, taxes, etc.


Is there a good basketball parlay today?

They come up with a small handful of games each week that they know will be profitable.

They know that some of these games will lose, and they know there is no such thing as a “lock”. They work very hard studying the games, the players, the conditions, and many factors. They also know that in the long run, they will remain one of the very few people that will make a long-term profit.

Again – they DON’T bet parlays as part of their long-term “winning” strategy.

. They DON’T make this steady profit by betting on parlays. I’ve said it before, and I’ll say it again – If you are betting parlays in sports, YOU ARE A JUNKIE!

Only about 1% of sports bettors are consistently profitable