Now that you have heard about a few of my mistakes, let me tell you more! So here it is:
Overconfidence:
It took me about 20 years of being in the markets to realize that understanding markets is difficult if not impossible. It is not the first few trades that make you confident – it is the [...]
One of the best sales men I know told me “You must watch Rocket Singh” – to me this is not a great advise – my movie watching is very, very little if at all. However I did watch Rocket Singh. I now feel all my ‘friends’ who are not in the sales profession – [...]
Dear Mr. Subra
I am writing this to you – but please do not disclose my name and email id – many of my clients read your blog. The ratio of articles that you write against the adviser is quite a lot, but you also write some articles favoring them. Hence I decided to write to [...]
Now the government wants to do a follow on public offer in all its listed companies. This will help it garner resources (badly needed) to reduce the budget deficit.
However it cannot do what the ordinary promoter does – talking up the price, rigging it up and sending it on a frenzy, splitting the shares into [...]
There are many types of people I meet – some who are simple and some who think they are leading a simple life. I know a person who cannot print anything from a word or excel. He has no clue about downloading his bank statement. He is a big executive in the pharma business – [...]
http://www.subramoney.com/book-written-by-me/
Continuing yesterday’s post
7. The asset management company’s team is important too! Look for experienced teams where the managers have gone through a few business cycles. Managers who have not seen a down market can be very myopic, and those managers who have been through a prolonged slow down very pessimistic. You need a nice blend in [...]