Well this is not about Animal farm. It is about the state of the life insurance industry in India. Let us see the imaginary conversation between the LIC and Ministry of Finance. LIC: Good morning sir. Here is a cheque for the IPO Government Nonsense Ltd.’s public issue for Rs. 8000 crores. I hope the […]
I get a lot of mails – on my blog, on facebook, and of course on subramoney.rich@gmail.com asking me to write on: – borrowing, loan consolidation, student loan consolidation, bankruptcy, …. -smart spending, – trading – in equities and debt, commodities, gold, silver, etc. – futures and options, hedging, – market timing etc. My response […]
I have said a lot about Ayn Rand…and here is more. The publishing industry publishes what sells. It need not be good, moral, correct, intelligent,….but people should buy. If they read and buy more, even better. If they can get one company to buy 100,000 copies to be given away free, they actually do not […]
Here is a query that I got from a person whom I know from my blog….(I do not know her except through emails, but she is a very smart professional). Here is the query “Had a visitor from xyz securities yesterday. He wanted me to open a trading account offline.I have a broking account which […]
Somebody asked me…’Why cannot you be more sympathetic towards the media?’ Why indeed? When I heard about the Norway bombing I also ASSUMED it was ‘islamic terrorism’ well it was not. When I interacted with the police, I realised that not all terror attacks are by islamic terrorists. I realised that there are people who […]
I get kinda irritated when the kids I teach ask me questions for which they can find answers on the web. What is a hedge fund and what is a mutual fund is a question that I have been asked a zillion times..so here is an attempt..I hope you like it..expect it in the next […]
We have a general police force which is expected to tackle terrorism. To me this is a joke. A cruel joke at that. First of all the police is expected to tackle traffic, general law and order, VIP bandobast, runaway marriages….well it is like a joke. Then there is political interference to deal with. Let […]