occupy wall sereet b.v.raghunandan
TRANSCRIPT
Occupy Wall Street-B.V.Raghunandan, SVS College, Bantwal
Post Graduate Department of Commerce, SDM College, Ujire.November 10, 2011
The Movement in the USA• Raising
Unemployment• Increasing Bankruptcy
Cases• Government Aid
Going to the Managerial Cadre
• Increasing Foreclosure on Mortgages
• Escalating Cost of the US Government acting as Global Policeman
• Huge Expenditure of Defence & Spying on the World
Foreclosure of Mortgage-Arkansas Little Rock-25.6%
Houston-Sugarland Bay Area Foreclosure Rate- 26.9%
New Orleans- Foreclosure-36.25%
Oklahoma-Foreclosure 38.67%
Salt Lake City- Foreclosure-29.9%
Tulsa-Foreclosure-37.6%
Virginia Beach- Foreclosure-30.85%
Wrong Policies of the USA
• Increasing Cost of Education, Healthcare Etc• Hire and Fire Policies• Liberal Bankruptcy Laws• Managerial Cadre is the Blue Eyed Boys• Expensive Lifestyles of the Managerial Personnel and Huge Bonuses• Borrowing without Any Restriction• Taking Life Threatening Risks
Why at This Moment• Balance between Capitalism and
Socialism• Dominant Capitalism upto 1900
gave rise to Communism through Russian Revolution
• By 1950, balance achieved with China and USSR becoming communistic
• By 1960, capitalism became weak• By 1980, capitalism became
strong, but with Gorbachav, it became stronger
• By 1990, Communism was considered dead
• By 2011, Labour is risisng
• Considered to be the symbol of capitalism
• The present rise is backed by the leftists
• Considered responsible for corporate excesses
• Rendered many a European Government bankrupt
• Corporate Excesses are on the increase
• About 63 alumni of Harvard University behind bars making them suspect as criminals
Why Wall Street?
Corporate Evil• Made the life of the
consumer expensive• Anti-Consumer• Anti-Employees• Anti-Promoters• Anti-Society• Anti-Government• Professional
Managers on the move
• Blown up conflict of interest
Corporate Excess
• Huge managerial remuneration• Manipulation of accounts• Polluting the environment• Anti-social demand creation• Immoral advertisement and
Excessive advertisement• Board Room Politics• Groupism, Big Brother and Yes Boss
Indian Scenario
• The movement is meaningless and hence a failure• Stock market is the symbol of socialism in India as the
Government is the biggest beneficiary from the stock market• Promoters and managers are one and the same• Professional promoters have less role
Stock Exchange: A Misunderstood Concept• A Casino• Making a
Quick Buck• Day Trading• Passion• Identification• Don’t Miss
any Opportunity
• Target Period
Shares: A Unique Investment• Huge Dividends:
Annual, Interim, Special Occasion Dividend, Return of Excess Cash
• Market Value• Bonus Shares• Share Splitting• Voting Right• Sponsored ADR Issue• Merger & Acquisition
Requirement for Investment in Shares• A Unique Investment• Need for Education and
Training• Need for a Lot of Study• Life Time Investment• Profit from the Whole
Portfolio and not from Individual Stock
• Emotional Equanimity• Not a Passion for Life
Time
Strategies for Investment
• Make a Study of Securities for a Considerable Period• Buy the Stock, when the market is depressed• Do not sell the shares after achieving a target profit• Ignore the investment counseling given in the media• Ignore the daily fluctuations in the market• Forget any loss incurred incidentally
What should not be done…….• Only saving must be
invested and not by taking loans
• Retirement benefits should not be invested
• No Day Trading and No Speculation
• No Derivatives Trading• Do not spend too
much time before the trading terminal
• Do not take any tips
THANK YOU