Recently got a copy of Amar Pandit’s book – Bill and Penny’s Money Adventures. There was no point in trying to do a book review. So I asked my daughter to read it and WRITE what she understood. I was quite impressed – first of all to get a 9 year old to read a […]
Ravana had 10 faces – OK that is for the Kids. But Obama has a few faces – of course the fact that he is not handsome is a problem..but yes many faces. ONe is the BP face – where BP will pay salaries of employees of other rigs – which Obama has stopped. However […]
When a client asked me to visit a very successful doctor, I thought he wanted to invest some monies in the equity market. He actually wanted a shoulder to cry about the losses in the F & O market! A small story might be in place. There is a simple mortal who is praying to […]
It is very difficult to be in the PMS (Portfolio Management Services), Mutual fund business, Broking, Investment banking, …at some stage there is a conflict. There is a conflict between pricing an issue for the IPO and for the customer. What do you do when the promoter of a small company asks you to handle […]
here is an article to support some of us who like to cycle our way around. It is difficult in Mumbai, agreed, but many examples like Mulund -Andheri, Andheri-Powai …are difficult places – but people are doing it. http://getahead.rediff.com/report/2010/jun/09/bicycling-a-new-lifestyle-choice-for-young-successful-indians.htm
http://www.subramoney.com/finance-for-non-finance-people-workshop/ Since the name of the game is transparency …all websites should be made to disclose how the costs add up. For example on mutual fund, banking and life insurance sites there should be a ‘disclosure’ of salaries. I should know that the MD got a salary of Rs. 2 crores + esop +….This will […]
Let us play a game – in school and college we used to call it True or False. Q1. If a person is well educated he will be good at managing money. Ans. FALSE. Completely false. Why do you expect a doctor or an engineer to be suddenly good (or bad) at managing money? No, […]