Real estate is going North? Good news has been swirling around all the markets lately. GDP numbers, employment numbers, real estate numbers are all being flaunted at you saying: “Ha the recession is over”. However if you are a Chartered Accountant by training and have been in consulting, being skeptical comes easy. Once upon a […]
There are 2 ‘good’ or ‘great fund managers’ in India. They have (had?) a great reputation for fund management. However I am not naming them for obvious reasons. One if a fund manager with one of the top fund houses. On television he makes statements which are either completely off the mark or hurtful to […]
Yesterday I met a pharma distributor. He is really huge – and controls a full state. Just to hide his identity will not reveal which state. He was talking about retail margins in the pharma industry. First of all the ‘billing’ price is far, far below the MRP (which incidentally in India is a fraud). […]
Thanks to the fact that I write and also run a blog, I get a lot of questions expecting ‘Yes’, ‘No’. Invest in ‘Hdfc Growth fund’, or ‘do not touch unit linked plans’ kind of answers. This to me is difficult. Even when people ask me “What do you think of Tata Steel?” (Ok when […]
Well I have no clue whether ‘cash for clunker’ and ‘spend till you drop dead’ are all nice to say, will it really work? Can it work if you say ‘Do not save, spend?’ will it work if people are told “If you are sure about your desire, THE SECRET will let you have what […]
The Government of USA provided bank guarantees and actual bail out cash to the financial services system when they were teetering on the verge of collapse. Now happily for every one the warrants are in the money. This means if the government sells the warrants it can make some decent money – nowhere near enough […]
Gurur Brahma Guru Vishnu Guru Devo Maheshwara Guru Sakshat Parah Brahma Tasmai Shree Guruveh Namah! Most Indians (sorry this may be homogenising all other religions!) know this prayer. Today is Teachers’ day. It is one profession for whom my fascination will never end. I recently met a Pediatrician with 35 years ex experience – she […]