Some of the sexy phrases in the BFSI language which you will encounter are “Maximising Shareholder Value”. Evey Chairman has espoused this at some stage of his life. Let us see what it was supposed to mean and how a coetrie of top 100 odd employees in each company has beautifully hijacked this phrase. I […]
A Chartered Accountant friend has redesigned his site on culture, spirituality and travel www.esamskriti.com It is now in a contemporary and mobile friendly format. It provides rich insights on Indian Culture, Yog, History, National Affairs and Spirituality – Holy Gita, Upanishads Commentary, Buddhist thought, Jaina Darsana, Tantra, Vedanta. Do not miss the section on India […]
Where are we in the markets? Is it a good time to buy or will things get worse before it gets better? I am not in a position to answer both these questions without going into where are we today. Let’s see what is going well for the Indian economy: Without doubt it is the […]
Naren Sankaran is a good contrarian fund manager. Maybe great. Frankly I would love to have SN as my portfolio manager than as my MF manager. There are too many restrictions on Mutual funds and fund managers are still constrained by all that. Having said that I know that some shares that SN would like […]
We have seen one life insurance company being listed and at least 3 more waiting to be listed. It is being touted that SBI LIFE will have a market capitalization of Rs. 60,000 crores. Not bad at all. Considering that they are selling the classic endowment product, this valuation is not far fetched. Capitalism is an […]
Having addressed about 4000 doctors regarding personal finance here is my summary of what I wish to tell the doctors. Of course those who attend my session know the 5 takeaways that I give at the END OF THE PROGRAM. This is something different…Here read on.. Personal Finance is about Persons (emotion) and less about […]
What is the point in seeing the P/E ratio and P/BV ratio? the ONLY truth is the P (Price) We do not know how far Earnings are true and how far the Book Value is true. So when these numbers are thrown at you you really need to ask what is the PRICE TO TRUTH […]