Prior to World War II most people in the world were happy living in rented houses. This gave rise to concepts like ‘pagdi’ where you paid a sizeable deposit and a small rent. Mumbai used to be full of such properties . In fact this gave rise to sayings like ‘Fools build (buy?) houses, Wise [...]
Continuing my dialogue series… Journo: Subra do you not think the life insurance guys get pampered? Subra: Why do you say so? Journo: 40% of the contribution as a commission is too much, do you not think so? Subra: What about products with 122% commission? http://www.subramoney.com/book-written-by-me/ J: Not possible in the financial service industry…..at least [...]
It is still a White Man’s World. And risk perception is decided by the White man. So if he says risk is in emerging countries, well it is time we told the White Man that risk is to be priced that is all. Frankly the Western World is in denial about the Greece problem. There [...]
Whenever the receptionist in our office wears a pink dupatta, equity markets go up by at least 50 points. I have no clue whether you would buy shares based on something like this. However, now I am being offered shares of Talwalkar (the fitness people) priced at a price-earning ratio of 44. The logic? Subra, [...]
There are a few people I know who keep chasing investment opportunities. There are some people who are good in one field – say sales, marketing, operations, dentistry, physiotherapy,….could be anything, so they think they are good in finance. Of course some of them visit websites, talk to people, read books and suddenly believe that [...]
The BSE Sensex grew more than 4.5% growth during March. However, the assets under equity mutual funds rose by 3.8% when compared with the past month’s figure. The total average AUM of equity mutual funds stood at Rs210,451.8 crore for the month. On adjusting the net flows, the net rise in the assets stood at [...]