Monday, March 28, 2011

Summer thoughts


My friend KT was relieved when he made "big" money when Sensex shot up 468 points on 25.03'.11. He was not particularly happy though after riding the high wave before the closing of the derivative contract period which is on March 31st. He had been nearly wiped out in the pre-budget mad flush.

Warren Buffet of the Berkshire Hathway is visiting India to the joy of Indian business channels who are airing exclusive without trying too hard to cover up their joy for having him on their program. He came along with Bill and Melinda Gates, the multi-billionaires who are using the rest of their life after retirement for the improvement of the world which need such benefactors badly. Some section of the media, just like our society, gossiped that philanthropy for this millionaires is a way to get into a certain other industrial segment say like Agriculture with GM seeds (which produce more crops) and Education. They had in mind the $23 million investment Bill & Melinda Gates foundation made in the Agriculture company Mosanto who are on a path breaking trail to make seeds which has unimaginably high productivity.

What ever it is I do believe these mega humans have mega minds and I am glad some ordinary folks around the world are going to have an improved way of life some way or the other.

To us third worlders who have the habit of following the developed world even to the way we comb our hair, I am sure a lot of "Mega" Indians will follow this noble act resulting in some miserable souls somewhere in India getting a better chance in life.