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From THE HINDU group of publications Sunday, July 22, 2001 |
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Personal Finance
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On to the next generation
Rasheeda Bhagat
DOES Mr Anish Poojara's family take interest in his investment decisions?
``A wise man once said never partner your wife in bridge because the arguments can spill into the home too. I carried this analogy to investments too. My wife is only too happy with this arrangement. But looking at my face when I return home in the evening, she can guess quite accurately how much the Sensex has dipped that day.''
Interestingly, till two years ago, he and his 15-year-old son ``used to stay awake till late in the night studying charts and analysing the next days's strategy. Till one day my wife threatened to throw me and the computer out of the house.''
The threat worked and the teenager had to go back to his books.
``But believe it or not, he is a much better seller of shares than I am, because youngsters today have the knack of overcoming emotion with greater ease. This probably is why all subsequent generations are go-getters, compared to the previous one. He appreciates that studies come first but has extracted from me a promise of buying him some Infosys shares on his 18th birthday.''
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