http://www.subramoney.com/personal-financial-planning-workshop
Wockhardt and then Emaar had withdrawn their IPOs. Withdrawn was a joke. The public did not buy them, therefore the issue had gone back. What was the learning? Even a rising market nobody, really nobody has any interest in saying that the issue is overpriced and the end customer should not subscribe. A greedy promoter [...]
Now the government wants to do a follow on public offer in all its listed companies. This will help it garner resources (badly needed) to reduce the budget deficit.
However it cannot do what the ordinary promoter does – talking up the price, rigging it up and sending it on a frenzy, splitting the shares into [...]
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 [...]
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 owner or [...]
Hey do not see..we are changing! Well the NSE and the BSE have decided to change the timings for the market operations from 4th Jan, 2010. Who benefits? Really do not know..but let us see the stakeholders…
The Stock Exchange, Mumbai, was started as an association – non profit making company – and was supposed to [...]
Nobody believes that tech stocks can do well in 2010, correct? This comes from 2 fears – US recovery will not be too great and that the dollar may weaken.
Let us look at the dollar – it looks like the dotcom boom – when we were all sure that the tech stocks can only go [...]
The advantage of working for a duopoly – especially one which is quasi government are manifold. One is you get paid like the private sector and second is you are sure to be secure, get stock options, have an indexed pension, etc. Must be funny in a rich man’s world – like Abba Said!
Look at [...]
I was just hearing a dialogue between 2 kids earning about 20k a month. Needless to say they have a hand to mouth existence. However one is the son of a successful (cash rich) father (employee in a psu bank) and the other is completely on his own (father does not support him).
The topic of [...]
Famous words of Mr. R Subramaniam (Subhiksha, Subiksha fame)
The problem is that Indian retail was doing too much, too soon. The kind of investments and expansion that Indian retail was attempting was unprecedented. We ourselves added 1,500-plus stores in under 24 months — even for a small store format, this would surely be a global [...]
Ego and pride are not really useful elements while investing. Many investors I know have made money because of luck or research done by some other person. However when they apply their minds a little on the shares that they buy, they think they are doing research! My research for example, is completely outsourced [...]