Markets fell by 240 points yesterday and has fallen 230 points already today. For people like us markets means sensex! Markets are driven by 3 factors – Earnings of the companies, the future expectations (price-earning ratio) and the liquidity in the market. In the current market earnings are at their peak – the next couple […]
This is an old idea – many people have said it. Particularly Peter Lynch has said this many times – buy things you are familiar with, what you cannot describe in a picture is not worth buying, etc. There is of course a lot of justification to own shares like Gillette, Colgate, Hindustan Unilever, ITC, […]
Is it necessary to justify your profession to the world? Is it necessary to tell the world what work you are doing and why it is adding a lot of value to the world? Who is to judge whether you are doing the ‘right’ job or no? These are all so difficult to answer that […]
IIM Bangalore has a forum…one of them had posted this Just reproducing what I found: NORFOLK, VIRGINIA – Eleven indicted Somali pirates dropped a bombshell in a U.S.court today, revealing that their entire piracy operation is a subsidiary of banking giant Goldman Sachs. There was an audible gasp in court when the leader of the […]
Once upon a time not very long ago the MD of a company (who had never been in a sales function) was making a presentation. At this presentation he would put the Customer on top….and tell the world that the whole organization existed for the customer. Obviously in this diagram of hierarchy he would be […]
Well not long ago in India there was a business group called the Ambani group. When we met as journalists or as analysts we were told that the younger brother Mr. Anil looks after finance. Then one day Mr. Anil Ambani wanted out and the elder brother said ‘let us split’ . So they split. […]
2 companies I know and have dealt with are going through a crisis. For obvious reasons their names are held back. Both these organisations are very aggressively run and run by the founder himself. Both the founders are about 50 years of age and have created a good name for themselves. Most of the employee […]