Showing posts with label Harshad Mehta. Show all posts
Showing posts with label Harshad Mehta. Show all posts

Saturday, August 3, 2013

The Genius in late Harshad Mehta

I RECALL
The Genius in late Harshad Mehta

The late Harshad Mehta, notorious for the securities scam of 90s, may have done much wrong or right, that is a matter of discussion, but he certainly was a brainy man with a sharp intellect and presence of mind to act and react. That is why as a person who started his career as a petty clerk drawing a salary of `500 could make so much fortune.

I recall his performance in a programme for young boys relayed live by a TV channel. A boy from the audience stood up and said, "Uncle, you are a great financial wizard. You are known to multiply money. I give you `100 and you make it `200?"

Mehta smiled and said, "Yes, but I don't work for free. I seek my own share. Can you give me 50%?"

"Yes", sportingly replied the boy.

He took the `100 note from the boy and then returned the same back to him. I have made 200 and this is your share; I have retained my share of 100".

Everybody present clapped.                                                                         ***
satta king chart