With the placements around, people are getting really sick of not getting placed (at least I am!) and for others who are already placed...they are unhappy with themselves & asking themselves why they didn't wait for the better companies. And each time I encounter the situation; I am always reminded of the fact that whether good or bad; the past is no indication of the future!! Consider this...
On January 24, 1848; James W. Marshall found the first piece of gold and hence began The Great Californian Gold-rush. The pity is that the piece he found was only a few grams in weight; with people later on, reporting to have found pieces weighed in kilograms!! Furthermore, it was the first and last gold nugget ever found by Mr. Marshall; but there were others who made big fortunes; and I mean, really BIG (after all, they had quite literally, STRUCK GOLD!!!!)
On the other hand, while the markets were just about to go for a tail-spin as a result of the sub-prime crisis, Bear Sterns became one of the first houses to declare losses...a whopping $ 700 million. But looking at it in hindsight; it seems to be almost a winner. The biggies like Merill Lynch, UBS Securities, J P Morgan, etc. had booked losses; none less than a billion dollars each, with Merill Lynch topping them all at about almost $ 5 billion!!!
The moral of the story: don't judge your condition based on the present...lookout for what the future holds. After all, who knows, it may not be as severe as you percieve it to be...!
Hasmukh :)
On January 24, 1848; James W. Marshall found the first piece of gold and hence began The Great Californian Gold-rush. The pity is that the piece he found was only a few grams in weight; with people later on, reporting to have found pieces weighed in kilograms!! Furthermore, it was the first and last gold nugget ever found by Mr. Marshall; but there were others who made big fortunes; and I mean, really BIG (after all, they had quite literally, STRUCK GOLD!!!!)
On the other hand, while the markets were just about to go for a tail-spin as a result of the sub-prime crisis, Bear Sterns became one of the first houses to declare losses...a whopping $ 700 million. But looking at it in hindsight; it seems to be almost a winner. The biggies like Merill Lynch, UBS Securities, J P Morgan, etc. had booked losses; none less than a billion dollars each, with Merill Lynch topping them all at about almost $ 5 billion!!!
The moral of the story: don't judge your condition based on the present...lookout for what the future holds. After all, who knows, it may not be as severe as you percieve it to be...!
Hasmukh :)