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The "Unnoticed" Path Of Every Engineer Who Turned Billionaire.

06/12/2017 4:42 PM
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#1

Re: The "unnoticed" path of every Engineer who turned Billionaire.

06/12/2017 6:14 PM

This is actually purely about stock investment where ones goal is to become rich. Nothing else, just making money pure and simple. No pointers at all are given only that it is apparently easy to game the indian stock market and to trust in God.

I am on the fence about if this is spam or not.

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#2
In reply to #1

Re: The "unnoticed" path of every Engineer who turned Billionaire.

06/12/2017 6:25 PM

I could have retired with a small fortune if I'd started out with a

Large Fortune...

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#3
In reply to #2

Re: The "unnoticed" path of every Engineer who turned Billionaire.

06/12/2017 7:00 PM

Ah the stock market, the thinking man's lottery/get-rich-quick scheme, where most inevitably fail and even fewer get rich off of.

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#8
In reply to #2

Re: The "unnoticed" path of every Engineer who turned Billionaire.

06/16/2017 11:11 AM

We at First CitiWide Bank will be happy to make change from that small fortune of yours.

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#9
In reply to #8

Re: The "unnoticed" path of every Engineer who turned Billionaire.

06/20/2017 2:04 PM

Autoplay clips like this can be a bit disruptive at work. It's best to either avoid them, find a way to pre-load them without autoplaying (like normal embedded videos work on this site), or just provide a link to the file's location.

When I heard the audio from some commercial without being able to tell where it came from (the video panel was off screen, and no tap was showing the 'audio is coming from this page' icon), I thought I was getting hit by malware using a 'popunder' window to distract me while it wreaked havoc on my system.

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#10
In reply to #9

Re: The "unnoticed" path of every Engineer who turned Billionaire.

06/20/2017 2:13 PM

Sorry about that, I don't care for that either. I did look for a Youtube video.

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#4

Re: The "Unnoticed" Path Of Every Engineer Who Turned Billionaire.

06/13/2017 2:31 PM

"Like any other guy I was very hard working but a below average student and while pursuing my B. Tech where I met three kinds of people:

1) Who wanted to clear GATE to get a well reputed job.

2) Who wanted to crack CAT to get a well reputed job.

3) Wanted to get a job in ‘well reputed company’"

What is GATE and how do you clear it?

What is CAT and how do you crack it?

Also, a B. Tech is the equivalent of a Bachelors of Science right?

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#5

Re: The "Unnoticed" Path Of Every Engineer Who Turned Billionaire.

06/14/2017 2:51 PM

So your advice is to give up on Engineering (or reduce it from a 'calling'/'passion' to a hobby) and go play the Indian Stock Market?

What will you have to show for it, when all is said and done? Where will be the buildings, the bridges, the Wondrous Machines, that you designed? There will be nothing, only a pile of cash for your children to squabble over and fritter away.

If that is what you call Engineering, then you can call be a Brahman Bull; both statements are equally accurate.

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#6
In reply to #5

Re: The "Unnoticed" Path Of Every Engineer Who Turned Billionaire.

06/14/2017 4:10 PM

I got the feeling from the tone of the original post that the true purpose of getting an Engineering job was not due to a personal calling, or to make the world better but primarily to make lots of money.

Now this has also been recently expressed by a number of people on CR4 (and yes they were also Indians living in India, based on their CR4 user details and either looking or new to the Engineering fields).

I wonder if it is a cultural thing at this moment in time, because I don't think any actual Engineers in other parts of the world would say they went into Engineering because they wanted to get rich. Well not any Indian Engineers I know or work with.

That's not to say Engineers cannot get rich, for example India as of 2016 was home to the 4th largest population of millionaires in the Asia region (Obviously many of these people are not Engineers), and we all know of examples where Engineers made it mega big. It's just that like the lottery and stock market so very few actually get really rich in the Engineering field.

I would be quite interested if anyone here on CR4 could offer some insight.

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#7

Re: The "Unnoticed" Path Of Every Engineer Who Turned Billionaire.

06/15/2017 8:17 AM

This applies to every career, so it is misleading that the title of the article mentions engineers.

If you want to be like Warren Buffet, you should become knowledgeable in what value investing is. These books will give you that knowledge, and they are all recommended by Warren Buffet himself.

1: "Where Are the Customers' Yachts?: Or a Good Hard Look at Wall Street" by Fred Schwed Jr.

http://www.goodreads.com/book/show/288897.Where_Are_the_Customers_Yachts_

2: "The Little Book of Common Sense Investing: The Only Way to Guarantee Your Fair Share of Stock Market Returns" by John C. Bogle

http://www.goodreads.com/book/show/171127.The_Little_Book_of_Common_Sense_Investing

3: "The Clash of the Cultures: Investment vs. Speculation" by John C. Bogle

http://www.goodreads.com/book/show/13838197-the-clash-of-the-cultures

4: "The Intelligent Investor" by Benjamin Graham

http://www.goodreads.com/book/show/106835.The_Intelligent_Investor?from_search=true

5: "Security Analysis" by Benjamin Graham and David L. Dodd

http://www.goodreads.com/book/show/203409.Security_Analysis?from_search=true

If you read these books, preferably in this order, you will have the knowledge to value invest. This is not a guarantee that you will make any money, but it give you the roadmap that Warren Buffet has been following since he went to the Columbia Business School and was taught by Benjamin Graham.

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