I was just hearing a dialogue between 2 kids earning about 20k a month. Needless to say they have a hand to mouth existence. However one is the son of a successful (cash rich) father (employee in a psu bank) and the other is completely on his own (father does not support him). The topic […]
Famous words of Mr. R Subramaniam (Subhiksha, Subiksha fame) The problem is that Indian retail was doing too much, too soon. The kind of investments and expansion that Indian retail was attempting was unprecedented. We ourselves added 1,500-plus stores in under 24 months — even for a small store format, this would surely be a […]
this article appeared in Reuters….a few months ago! Difficult financial times? Do skill building Author: P V Subramanyam Most business people pay lip service to education and training. If you are a business man and know your business well you still need to learn about money. You need to be updated about HR. What about […]
If you have wondered how the ultra-rich manage their money, welcome to the world of Family offices! Family offices are private advisory firms that serve ultra-rich clients. When a client has a large amount of money to be managed and needs a full fledged infrastructure to do that – a banker, a Chartered Accountant to […]
The Kharghoshs were leading a comfortable, lifestyle. Typical Alpha male knew everything about investing by reading brokerage websites! He knew that equity gives best returns, so he had a leveraged life style! His house, car, vacations, were all from borrowings. He had ALWAYS earned far greater than the interest rates that he was paying. He […]
Hare and the Tortoise Retold Here is a story of two different investors – who just happen to be real clients of mine. Since I cannot name them I need to give them pseudonyms. One investor is Mr. Kachua. As this is a derived name, you can guess his basic nature – he is cool […]
Mark Mobius the famous fund manager (incidentally he runs the most disciplined scheme ever in India – Templeton India growth fund, the only fund in India that has been ALWAYS true to label) says the next ‘Dubai’ could be in Mumbai or Shanghai. One kid in our office excitedly rushed to me (working on the […]