@ ALL, I don't care whether I prefix CA or not before my name. The quality of the course (NOT THE PROFESSION AS A WHOLE) has deterioted from the day when it was allowed to prefix CA before our name. Viewers can see my other recent posts at caclub.
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We know very well also about medical profession. Thousands of medical representatives of so many pharma companies visit them and pay hefty commissions to prescribe their medicines. But none of them dare to say what I say honestly about our profession. Since every doctor is earning well; hence nobody complains about his profession the way it is being run.
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Further; I am not on any of the post at Institute level; neither I heartily wish to have in future. I love people - students as well as members of ICAI and respect my profession. I am loved by people; hence I am already a very happy man. I am not enjoying after writing the post Driver Vs. Fresh CA. I knew very well they I would be critized for the same. Still I wrote here.
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IT IS THE VISION OF A PERSON WHICH DECIDES WHERE HE CAN GO.
In business circle also; I see : DHOOL BECHNE WALA CASH ME BECHTA HAI AUR HEERE WALA UDHAR BECHTA HAI. Tell me whose business sense is good?
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I already wrote somewhere at caclub; no professional degree is required to have a very bright career.
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But when students and parents come for counseling; they never listen and take decisions which majority of people follow.
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One wonderful example of following others :
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PEOPLE PURCHASE what others are PURCHASING.
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Should it be followed or not?
The general answer is :
YES
( because public is not a fool - deeming fiction).
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BUT THE REALITY IS ALTOGETHER DIFFERENT :
IN SHARE MARKET; SUCH PEOPLE NEVER EARN
AND
BEAR HEAVY LOSS IN A VERY SHORT PERIOD OF 2-3 MONTHS !
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(If don't believe; ask any person who had invested in IPO of Reliance Power at Rs.450/- in 2007 and present price its is Rs.140 (including bonus). I advised so many people not to invest; but who listens?
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Since prices went down; public cried. Thenafter due to hue and cries of public; the company declared BONUS !
Receiving Bonus from a company is good or bad?
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Of course; good. But see the real performance of a top group's company after a long period of 5 years.
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IPO : At Rs.450 ( of 100 shares)
Present Price : Rs.142 ( of 150 shares)
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Majority of students will get puzzled :
What's the relation between share prices of a company and the course of CA ?
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I wish to draw the kind attention :
In CA; we have three subjects : ACCOUNTANCY,FINANCIAL MANAGEMENT AND COMPANY LAW.
If one can APPLY HIS KNOWLEDGE OF SHARE MARKET
(based on so many factors - broadly say -BALANCE SHEET ANALYSIS );
he is not required to be dependant on ANY CLIENT for his earning.
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