Archive for January, 2010

How to select a mutual fund…..part 1

http://www.subramoney.com/book-written-by-me/ Here is part 1 of an article I wrote for Money Mantra… How to select a good mutual fund. Selecting a mutual fund for investing is a very important step indeed. It is not just important it is crucial. However it is the second step, not the first. It is surprising at the number [...]

The Emperor is naked…

“Of one thing be certain: if a CEO is enthused about a particularly foolish acquisition, both his internal staff and his outside advisors will come up with whatever projections are needed to justify his stance. Only in fairy tales are emperors told that they are naked.” – Warren Buffett Making a projection to impress the [...]

Retire Rich Invest Rs. 40 a day!

About the Book : – To most people retirement is an age. It of course depends on your health, the company you work for etc. However in the first chapter I would like to introduce you to the concept that retirement is an amount of money! After all, if you have that magical amount why [...]

My investment mistakes – of the decade-Part 2

http://www.subramoney.com/book-written-by-me/ I started the previous post by saying that my portfolio has the benefit of one of the finest wealth managers in the country. So the mistakes here are completely mine. If he had a chance I would not have bought any of the following shares. Trusting the Chairman / CEO of a company: No [...]

Breaking News: Sugar prices and logic…

http://www.subramoney.com/book-written-by-me/ A few days ago I wrote a post saying why I sold most of my shares in a south based sugar company. It was scary when Rahul Gandhi said – some of the losses have to be borne by the mills if the farmers have to benefit. Politicians can keep prices very different from [...]

Repo and Reverse Repo

http://www.subramoney.com/book-written-by-me/ What is a repo transaction? Every MBA student knows the word ‘Repo’ – however if you drill down and ask for its full form or what it means…you are in trouble! So here is what an MBA student (Finance major) can say when confronted with the question – What is a repo transaction? RE [...]