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<blockquote data-quote="kapil354" data-source="post: 9866" data-attributes="member: 316"><p>Thanks guys for some very valuable points.</p><p>I am not too sure if my point is in sync with the Thread heading. But I will make it.</p><p></p><p>I believe education is just a 'risk averse' way of money making. As some one down below told story of a millionaire w/o any education. Such cases exist in every market. Caz these are the guys who don't do 'risk-valuations' but they take risks themselves.</p><p></p><p>That said. A very important point from the Indian/Chinese perspective - [as a brief - i am an IIT grad and an Analyst with Fidelity Invsts] - People want to participate in gold rush - You know WHY? because in our nations we still are fighting for the very basic needs in life. The last bloack in Maslow's pyramid drives most of us in the gold rush.</p><p></p><p>Some said market corrections. Very true. But smart are the guys who pick it up before valuations peak and smart are the guys who sell them before the fall. I think for myself I am late by 2 years. Gold rush now is out in the open. Most of the people know it. I am just better off in knowing that 'I will get it'. Smart are the people who got into it and will move just when demand < supply.</p></blockquote><p></p>
[QUOTE="kapil354, post: 9866, member: 316"] Thanks guys for some very valuable points. I am not too sure if my point is in sync with the Thread heading. But I will make it. I believe education is just a 'risk averse' way of money making. As some one down below told story of a millionaire w/o any education. Such cases exist in every market. Caz these are the guys who don't do 'risk-valuations' but they take risks themselves. That said. A very important point from the Indian/Chinese perspective - [as a brief - i am an IIT grad and an Analyst with Fidelity Invsts] - People want to participate in gold rush - You know WHY? because in our nations we still are fighting for the very basic needs in life. The last bloack in Maslow's pyramid drives most of us in the gold rush. Some said market corrections. Very true. But smart are the guys who pick it up before valuations peak and smart are the guys who sell them before the fall. I think for myself I am late by 2 years. Gold rush now is out in the open. Most of the people know it. I am just better off in knowing that 'I will get it'. Smart are the people who got into it and will move just when demand < supply. [/QUOTE]
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