| Author | Message | ||
Legend Username: Twitter Post Number: 40786 Registered: 10-2009 Posted From: 66.194.212.162 Rating: |
agreed. higher the inflow higher the outflow .
just kidding | ||
Gandhiguevara Legend Username: Gandhiguevara Post Number: 56986 Registered: 10-2009 Posted From: 204.61.207.7 Rating: N/A |
Joke | ||
Inquisitive Comedian Username: Inquisitive Post Number: 1071 Registered: 09-2014 Posted From: 209.147.144.27 Rating: N/A |
What does J/K mean? "Sakshi is a most balanced and independent media. This has no affiliation with any political party," Jagan had said. Link: http://www.outlookindia.com/news/article/sakshi-retelecasts- story-omits-antisonia-remarks/701963 | ||
Inquisitive Comedian Username: Inquisitive Post Number: 1070 Registered: 09-2014 Posted From: 209.147.144.27 Rating: N/A |
Agreed. That is another factor and well recognized one. It's called "keeping up with the Joneses." But a small correction: In my example, I didn't talk about the circle of Sudhakar and Madhusudhan. I just mentioned that they are friends. I think even if they have the same circle of friends and relatives, the income volatility and the amount of cash they regularly deal with would influence their lifestyle. In an ideal world, only the networth and expected income should matter but our world isn't perfect! "Sakshi is a most balanced and independent media. This has no affiliation with any political party," Jagan had said. Link: http://www.outlookindia.com/news/article/sakshi-retelecasts- story-omits-antisonia-remarks/701963 | ||
Legend Username: Twitter Post Number: 40783 Registered: 10-2009 Posted From: 66.194.212.162 Rating: N/A |
i guess it is not the pattern of income how it flows but it is the kind of crowd you live with, in your example Sudhakars circle is more modern/posh than Madhusudhans circle .. Had Madhusudhan had posh circle he would have spent more lavishly by taking loans on the hope of future income. | ||
Asdf Hero Username: Asdf Post Number: 14524 Registered: 12-2014 Posted From: 205.157.66.4 Rating: N/A |
hi sudhakar j/k | ||
Gandhiguevara Legend Username: Gandhiguevara Post Number: 56984 Registered: 10-2009 Posted From: 204.61.207.7 Rating: N/A |
sudhakar sudhakar | ||
Saarang Hero Username: Saarang Post Number: 10711 Registered: 06-2012 Posted From: 206.29.180.74 Rating: N/A |
Generally, this has to be true. My view...there is no point in a high risk business when the expected benefit is low. So, TSR should quit.  | ||
Inquisitive Comedian Username: Inquisitive Post Number: 1069 Registered: 09-2014 Posted From: 209.147.144.27 Rating: N/A |
Okay, to call attention, compare Sudhakar to T Subbirami Reddy and Madhusudhan to Daggubati Venkateshwara Rao. Although the descriptions for match exactly, TSR's networth may not be much more than Daggubati's but since TSR does contracts and hotel, industries business he sees lot of cash (revenues) even if the profits aren't much. Daggubati, on the other hand, has most of his assets tied up in land etc. (Subject to correction) He doesn't see too much cash. Also make TSR borrow money for his businesses. Daggubati doesn't (?) Consequently, TSR leads an ultra luxury lifestyle but Daggubati doesn't. "Sakshi is a most balanced and independent media. This has no affiliation with any political party," Jagan had said. Link: http://www.outlookindia.com/news/article/sakshi-retelecasts- story-omits-antisonia-remarks/701963 | ||
Inquisitive Comedian Username: Inquisitive Post Number: 1066 Registered: 09-2014 Posted From: 209.147.144.27 Rating: N/A |
To elaborate further, in a profitable month when Sudhakar invests 15 crore and gets 18 crores back this making a profit of 3 crores, his son may ask him for a luxury car that costs 2 crores and Sudhakar may very well buy it. To him, it may seem like a part of the profits of that month. It's unlikely that he'd estimate his annual average earnings at 1.5 crores and realize that the car is more than that. He may be optimistic that he can repeat the success in subsequent months too. Madhusudhan would probably why away from buying even a one crore worth car because he doesn't see that kind of money in one go. Although he does earn 1.5 crores in an average year, spending 1 crore in a single purchase may seem intimidating to him. "Sakshi is a most balanced and independent media. This has no affiliation with any political party," Jagan had said. Link: http://www.outlookindia.com/news/article/sakshi-retelecasts- story-omits-antisonia-remarks/701963 | ||
Humpty_dumpty Moderator Username: Humpty_dumpty Post Number: 31838 Registered: 02-2009 Rating: N/A |
dabbu dabbu dabuu | ||
Inquisitive Comedian Username: Inquisitive Post Number: 1065 Registered: 09-2014 Posted From: 209.147.144.16 Rating: N/A |
It is obvious that the amount of income as well as wealth (net worth) influence one's lifestyle. However, I think even the pattern of income (as I shall explain below) has a significant bearing on lifestyle. Consider two friends, Sudhakar and Madhusudhan. Sudhakar is into movie distribution and sometimes production. Madhusudhan runs a large supermarket in a building that he owns. Here's a breakup of their networth: Sudhakar: A house worth 5 crore rupees. Cash + movie rights worth 15 crore rupees Loan outstanding of 5 crore rupees. Madhusudhan: A house worth 5 crore rupees. Supermarket building + inventory + small amount of cash worth 10 crores. No debts. Sudhakar rotates those 15 crore every month in his movie business and depending on the success of failure of his movies, he may have a net cash inflow of 4-5 crores in a very good month and net cash outflow of 4-5 crores in a very bad month. On average, he makes a profit of about 1.5 crores an year after paying out interest on the money he borrowed. Madhusudhan sees far less volatility and his cash inflow and outflows are also much smaller. Since his is a low risk business, he doesn't lose more than 5 lac even in a very bad month and he gains upto 15 lacs in a very good month. On average, he too make a profit of around 1.5 crores per year. As you can see, both these friends have exactly the same networth and exactly the same average annual income. However, Sudhakar sees a lot of money coming in and going out and his business is like a roller coaster ride. Madhusudhan sees far less cash and his earnings are relatively stable. My belief is that Sudhakar is far more likely to overspend and lead an ultra luxurious lifestyle (at least until he remains solvent) whereas Madhusudhan is likely to lead a relatively less luxurious (or shall I say more disciplined?) lifestyle. This belief systems from my observation of people I know directly, indirectly, celebrities etc. Your comments? "Sakshi is a most balanced and independent media. This has no affiliation with any political party," Jagan had said. Link: http://www.outlookindia.com/news/article/sakshi-retelecasts- story-omits-antisonia-remarks/701963 |
