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Long Day

February 16, 2005 by Neville

I will have spent 15 hours on campus today (Class + editing + work) with nothing to eat (I somehow forgot my wallet), and it’s days like these that make me lose focus of creating new business ideas. I need to make sure and still devote a little time everyday to finding new sources of income.

Today was very busy, some noteworthy points of the day:

–I woke up very sick, but I don’t let sickness slow me down. I sometimes work harder just to prove to myself I can beat the sickness. If I completely ignore the fact that I am coughing, sneezing and feel terrible…I do just fine.

–I have another article in the Daily Texan being published tommorrow. The topic will be Austin Entrepreneurs. I interviewed various UT students and organizations, and the founder of Alamo Drafthouse for the article. Spent a good amount of time writing and editing it today.

–My stock portfolio is up, with some earnings reports rolling around next week which should spice things up. The value of the portfolio was $9,129 at the end of the day.

–I saw a Mercedes CL 55 AMG sitting in a parking lot by my last class of the day. I had to stop and stare in awe. I love cars.

–Found out Texas Entrepreneurs will be doing an “Alamo Apprentice.” TE will be splitting up into groups and actually running the Downtown Alamo Drafthouse. The owner of the entire chain, Tim League will be acting as The Donald and firing people as necessary! Part of the revenue we collect will be donated to our organization. As part of the Texas Entrepreneurs I am really looking forward to this!

Rise and Shine

February 14, 2005 by Neville

Although my earliest class is at 11:00am, I wake up every morning at 8:00am to watch the market opening at 8:30am. The previous night I highlight some stocks that will be reporting earnnings the next morning, then track their status when the market opens.

I do this because I am trying to get a feel for the market through different economies. By the time I am 30 I will have about 11 years of experience. From what I understand, you can have 50 years of experience and the market will still surprise you everyday. I guess that’s why it’s so fun!

Syntel Going Up?

February 10, 2005 by Neville

Syntel (SYNT) has recently been showing a lot of positive volatility lately. Earnnings are scheduled to come out Feb 23rd at 9:00am Central.

The last time I watched Syntel report earnnings I was caught off gaurd by a sudden 25% increase in stock price! I am hoping that will happen again. If I find a good spike in price, I will be selling Syntel as it is not a longterm holding. I think the company will do great in the longterm but it is too volatile and unpredictable for me at the moment.

Check out the 5 year chart. Think the trend can continue for SYNT?

Also, The Kirk Report mentioned me here today. Part of my article on business blogging features the The Kirk Report. As for now, I have to go to a Texas Entrepreneurs ice breaker in Downtown. Ciao!

Business Etiquette Tips

February 9, 2005 by Neville

At several recent meetings I noticed some common business etiquette mistakes people make. These are a few tips I have for everyone out there:

Tip #1 : Wear nametags on your right side. Since most people shake your right hand, it is easier for people to covertly scan for your name if positioned on the right.

Tip #2 : Remember names. It looks bad on your part to repeatedly ask for a name when you have met the person over and over again. Still having trouble? Try using the their name three times during a conversation. Once when you first meet them, once during the conversation and once when you both depart.

Tip #3 : Carry business cards, everywhere. If you are still writing your phone number on used paper napkins, get some business cards made. VistaPrint.com is a great place to start. Whipping out a simple business card with your name, phone number and email looks oh-so professional.

Opening new Account

February 8, 2005 by Neville

Since I am graduating soon, I will be hit up for cash in different places when I move and start making car payments.

I need to start new accounts for car payments and general expenses. I already have 6 accounts at Bank of America, and I have never once had a single problem or unpleasant experience with them. I have been blown away at their level of customer service and I really love their online banking system.

In addition to opening up these two accounts, I am looking at acquiring some of the Bank of America (BAC) stock within the next few months. Great company and a great stock!

NWSB: Northwest Bancorp

February 7, 2005 by Neville

I am a shallow person. I fell in love with this stock based purely on looks. Only after getting to know her better did I find out that she is more than just a pretty chart, she has substance. Her name is NWSB.


Run some of your own longterm charts for Northwest Bancorp and you will see what I mean. Also take a quick glance at the financials. I like how this company has been quitely growing and not getting too much media attnetion just yet.

I am looking to make another longterm stock acquisition soon, and NWSB looks like a great buy right now.

William Parrott of Morgan Stanley

February 4, 2005 by Neville

Today was another meeting with the University Investors Association, and the guest speaker was William Parrott of Morgan Stanley. He is head of the entire Austin branch of Morgan Stanley which has recently moved to a brand new state-of-the-art facility in downtown Austin.

He is leaving town for a week, but when he comes back I am scheduled to go meet him at the beautiful Frost Bank Tower where Morgan Stanley is located and take a tour. I’m excited to see this place!

I wake up every morning before 8:30 am to catch the opening of the market, it would be great to be around active money managers when this happens! If I am lucky, I might even get a shot at a job there!

Not a Bad Day

February 1, 2005 by Neville

Even though I am holding only longterm stocks right now, I still keep up with my portfolio for learning purposes.

Today my $8,100 portfolio increased by $231 just today. After owning the stock for only a few days, Fortune Brands (FO) has given me a 10% return. I am holding it longterm so there will be no selling for now.

Dynegy (DYN) and Syntel (SYNT) were both in the red, but have recently both gained back big time, especially Dynegy. General Electric (GE) has been rising steadily.

Risky Business

January 28, 2005 by Neville

I went to my first day of motorcycle safety class today! In two more sessions I will have an ‘M’ license!

The people you meet at random things like this are amazing. Sitting next to me happened to be a full time lobbyist at the capitol (which is two blocks from my campus) who knows all sorts of senators and congressmen. Powerful contacts can surprise you at any time!

The picture is of me on a Suzuki Hayabusa, the fastest production motorcycle in the world.

As for business progress: I am formatting flyers for Resumite to comply with campus standards, updating my own resume and updating my website: Neville Medhora

Bought GE

January 24, 2005 by Neville

I bought 30 shares of General Electric (GE) at $35.50 for my longterm portfolio. This was only a $1,075 purchase of stock, but I’ve learned to place several smaller orders at different times rather than one big order.

This purchase was slightly before GE reported earnnings, stating an 18% increase in revenue.

Looking back at this post, it is clear why I want this company in my longterm portfolio. GE is involved in everything from MRI machines to jet engines.

I will add to this position as the market dictates.

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