BusinessQuotes

P.V. Kannan, Chance/Globarlization, CEO and co-founder

  • “
  •  

  • I will never forget when I applied for a visa to come to the United States. We stood in line and we finally got in to see the man who did the interview. He was an American consular official. His job was to ask questions and try to figure out whether we were going to do the work and then come back to India or try to stay in America. They judge by some secret formula. ‘We used to call it ‘the lottery’-you went and stood in line and it was a life lottery, because everything was dependent on it.’ He did get the visa.

  • — P.V. Kannan, Chance/Globarlization, CEO and co-founder
    Share with a
    friend or family
  • Save this Post to Scrapbook

BUY BUSINESS AS THE ULTIMATE SPORT

Be the first to receive the printed, complete copy of "Business as the Ultimate Sport" when it is first released. To be notified sign up here.

BUSINESS OWNERS AND MANAGERS:

Would you like to make your office more competitive, but in a fun, constructive way that everyone can enjoy?

Attitude Media can construct a custom program for your business, no matter what you, to make it more like a sport - fun and interesting, but in a way that all participants benefit. Pricing depends on the size of your business and complexity of the program.

MORE INFO

Quotes

“

Analysts Lose 17% for Investors in Brokerage Picks (Update2) By Eric Martin and Josh Fineman June 6 (Bloomberg) -- Investors who followed the advice of analysts who say when to buy and sell shares of brokerage firms and banks lost 17 percent in the past year, twice the decline of the Standard & Poor's 500 Index. Buying shares on the advice of Merrill Lynch & Co.'s Guy Moszkowski, the top-ranked brokerage analyst in Institutional Investor's annual survey, cost investors 17 percent, according to data compiled by Bloomberg. Deutsche Bank AG analyst Michael Mayo's counsel to purchase New York-based Lehman Brothers Holdings Inc. lost 59 percent. Citigroup Inc.'s Prashant Bhatia still rates Merrill ``buy'' after its 56 percent retreat from a January 2007 record. Of the 39 analysts tracked by Bloomberg who follow stocks in the Amex Securities Broker/Dealer Index, 32 produced losses for investors. Investors who bought brokerages on ``buy'' recommendations, sold when they switched to ``hold'' and speculated prices would decline when analysts said ``sell,'' lost 17 percent in the last year through June 3, compared with the S&P 500's 8.5 percent drop. ``One would expect that if there was any industry Wall Street estimates would be more precise on, it would be their own,'' said Richard Weiss, who oversees $60 billion as chief investment officer at City National Bank in Beverly Hills, California. ``But this particular debacle was so global in nature and pervasive, you can't blame them for missing this one.''

—analysts can' predict earnings
”
  • Specify a category:

Browse By Category