http://www.subramoney.com/personal-financial-planning-workshop
Wockhardt and then Emaar had withdrawn their IPOs. Withdrawn was a joke. The public did not buy them, therefore the issue had gone back. What was the learning? Even a rising market nobody, really nobody has any interest in saying that the issue is overpriced and the end customer should not subscribe. A greedy promoter [...]
http://www.subramoney.com/personal-financial-planning-workshop/
Yesterday a friend pointed out an interview of Mr. Azim Premji in Economic Times.
One quote was: “Subhiksha was unfortunate. I think it is a retail equivalent of Satyam. I think the media has completely ignored it, its a very interesting minefield for you. It is an out and out fraud, there is no question on [...]
There is a fantastic group in South India – the Murugappa group – for me they have made money. That is a good test of management. I have been an investor in EID Parry, Cholamandalam Investment and Finance, Carborundum Universal and Coromandel Fertilizers. All these have been in my portfolio for long periods of time. [...]
http://www.subramoney.com/personal-financial-planning-workshop
If you belong to a category of people who mix personal relationships and business relationships, welcome to being an Indian! However there is a marked change happening – and there is no age group which is changing. Let me give you some examples.
I deal with a person who heads training in a Wealth management company. [...]
Awright, I have posted enough book reviews of ‘Retire Rich Invest Rs. 40 a day’, but here are some comments:
‘I was surprised that there was no book on Retirement in India till you wrote one’ – one doctor.
My answer: Not true. There have surely been attempts earlier, but you may not have been searching. There [...]
I had to speak at a Church (Parish) in Mumbai on Investing. In a religious gathering it was necessary to keep in mind what the scriptures said about investing. So the topic I chose was ‘Scriptures and investing’.
The Christian community is quite conspicuous in its absence in the financial services field – especially in the [...]
When you meet corporate India’s executives, their suppliers, their customers, the vendors who sell their products, you can see a lot of disconnect.
Here is my (completely unsolicited) advice to the people who meet Corporate India:
a. It may sound difficult, but do not laugh at their ‘Corporate Vision’, ‘Corporate Mission’ and words like ‘monetize the idea’, [...]
Let us see…getting rich is easy is it not?
Get a good degree ——> It will lead to a great job—-> You will earn a lot of money —-> You have got rich.
This is one route. Well there are some issues – every body cannot get a good degree..so the scheme is torpedoed at the very [...]
Well he can do many things!!
Some of the things that he can do are the following:
1. Identify your REAL goals and hurdles in reaching them.
2. Convert the goals into challenges and make sure you are willing to put in the resources to achieve them
3. Identify your personality – some people think they have goals. However, [...]
He who sells more gets more commission. This is always true for any sales program, unless the product is a monopoly product and the manufacturer could not care.
So when a small distributor of mutual fund (or life insurance) compares himself to a big distributor, it is unfair. If a small distributor (let us say he [...]