Everyone makes mistakes but the following fatal mistakes caused huge losses to the individuals or companies. These mistakes are mostly of financial nature. These were published in the Economics Times of India.
10 worst mistakes in History
1. Turning down J.K Rowling: 12 publishing houses rejected Harry Potter’s manuscript before Bloomsbury took her on the advice of company chairman daughter. Rowling has earned $ 1billion till now.
2. Throwing away that Bitcoin portfolio: James Howells bought 7500 bitcoins in 2009 when their value was next to nothing. The stock value rose to $911 per Bitcoin in 2013 giving James Howells a portfolio of worth $6.7 million. Only trouble was that he had thrown the hard drive away without a minute thought. Read “The Guardian Story”.
3. Not buying Google for $1 million: Larry Page and Sergei Bin went to sell the search engine to Excite CEO George Bell in 1999. Bell rejected the offer and now the value of Google is $365 billion.
4. Not shooting the Hitler: In 1914 the British soldier Henry Tandey came across the injured and unarmed lance corporal Adolf Hitler in a ditch but decided not to kill a soldier in cold blood.
5. Selling 610000 shares instead of 1: In 2005 a Japanese trader cost J-COM Co., Ltd. company $190 million after a so called “fat finger” trade in which he sold 610000 shares for 1 yen instead of selling 1 share for 610000 yen as he was supposed to do.
6. Angering Genghis Khan: Genghis Khan sought to open diplomatic and trade relations with Ala ad din Muhammad the shah of neighboring Khwarejmid Empire, modern Iran during 13th century. After offer was rejected and a diplomat of Khan was beheaded, Khan attacked the kingdom with 2,00,000 strong army and utterly destroyed the empire.
7. Turning down Brian Acton and Jan Koum for a job: Facebook rejected them in a job interview in 2009 and a few years later Facebook paid $19 billion for “Whatsapp” which the duo founded after being rejected.
8. Ordering trains that were too wide: France spent $15 billion on a fleet of trains this year. Unfortunately they were too wide for 1300 platforms across the country requiring 50 million Euros to fix.
9. Signing Brian Poole and the Tremeloes: In 1962, record studio Decca auditioned two bands in their London studio deciding to sign Brian Poole and Tremeloes. The band they rejected was 4-piece outfit from Liverpool called Beatles.
10. Misspelling a company name: Company sued British government for pound 9 million after a clerical error inserting a rouge “s” in the name causing the wrong company being named for liquidation. The company to be sued for was called Taylor and Son Taylor and Son and with additional s became Taylor and Sons which collapsed after this wrong liquidation.
Morni is a hill station about 55 kilometers away from Chandigarh. Morni in local language is referred to peahen. The name is derived from the name of girl of a local ruler. There were many small princely states all over Shiwalik hills. The rulers were mostly Rajputs many of whom owed allegiance to Mughals. Morni hills were ruled by Rajputs from Sirmaur which is near Nahan in Himachal Pradesh.The place is situated in Shiwalik hills and can be reached through a road from Panchkula. The map of the road is given below:
The road is serpentine because hilly area begins just after crossing the Panchkula and after a continuous climb for about 20 kilometers from Panchkula, the path begins to descend. I have gone up to point where this descent begins.
There are hills covered with wild shrubs and trees including teak. When you begin the journey towards Morni from Panchkula there are hills covered with thorny acacia trees. Hordes of monkeys roam along the road. All day they are there squatting on edges of road and climbing on the adjacent trees. People who came to visit Shiva temple near Berwala, gave them banana and other eatables. This causes the menace to normal visitor who is afraid to get down.
On the way, is Gauri Shankar temple which is seldom open. It seems more of a private property of some Guru who enjoy immense clout over politicians rather than a public place as the temples are generally opened to public. After about 8 kilometers there is small bridge on a seasonal branch of Ghaggar river which is dry in the summers. There is a place with dense trees and foliage along the river which is marked as a bird sanctuary. But you have to be very patience for sighting the birds.
There are few fields where farmers can be seen working. The area beyond Panchkula suddenly takes on an idyllic character. Hills along gorges seem like walls of brown mud completely devoid of greenery except the exposed roots of some trees at the top. In these walls, one can see parrots clinging on to the holes which they must have dug for raising their nests.
One can also come across, the men and women sitting in the cars stopped at different spots engaged in cavorting activities from the city giving slip to their legal partners. Groups of young boys and girls can be seen drinking and making merry. Due to the drunken driving in the hills many a times fatal accidents have been reported.
There are Langoors also hiding in the bushes and occasionally coming into open on the road or to cross the road. They seem to be shy of humans and avoid humans unlike the monkeys. There are many birds and trees which bear flowers and adorn the landscape.