Yesterday was an auto strike in Mumbai and Thane..the Navi Mumbai goons decided to stay away. The strike brings to the fore how well these hooligans in uniform are organised and how brazen they are. One of the important reasons for the strike – the demand is ‘we will not use the electronic meters’ – […]
Awake! Arise! Stop Not till the Goal is Reached said Swami Vivekananda. He was too much of a Motivator to be called a Saint, and too Saintly to be called a Motivator. Of course he was not like today’s Motivators..if only he had left tapes, videos, …it would have been great. His books stir you, […]
According to Peter Lynch you should not worry too much about macros. However when you do look at some industries you wonder whether the model allows you to make money at all. For example the airline industry is so badly beaten down that whatever happens I am scared to buy shares of Spice Jet or […]
The only solution to old age problems is dying young. There are many myths regarding old age: 1. As your age increases your needs go down: Many old people (age exceeding 80 is old, I presume?) continue to do things the way they were doing 10-13 years back. None of their needs have gone down […]
Today (Friday 16th July, 2010) is a book reading session at Crossword Mulund at 7 pm, all are invited…Deepa Venkatraghavan, Editor, Moneycontrol.com will be the Chief Guest… all the others are welcome to be guests 🙂 – my maiden attempt to write a book (Retire Rich: Invest Rs. 40 a day) and this is my […]
The Regulators have an amazing ability to amaze me. Somebody attending the IOSCO conference has written about the 7 course meals and boring sessions through which one can sleep. Now we have a new provision coming which says all mutual funds should be held in demat form. Which means you have to open a demat […]
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 […]