The job of an Independent Director in a big company is a huge, huge burden. You need to understand the company’s business, law, accountancy, psychology, body language, greed, – the list is really endless. If you are a CA or a lawyer chances are some company will (or would have) approach you to be an […]
Let us face it, either you are interested in financial accounting and understanding or you are not. Of course all of us are interested in money, but not all of us want to spend time to understand it. So we use our half baked skills, depend on some quarter baked RM, some insurance agent, or […]
Asset allocation is difficult because of a zillion reasons. Let me just write about why it is difficult and why people cannot get it right. Well most of the times. Asset allocation is NOT a wealth creation tool. It is a risk REDUCTION tool, and has to be treated as such. I mean if you […]
Long ago I had posted about my mistakes…let me again write about some recent mistakes. Some are so fundamentally wrong after spending so much time in the market that one keeps wondering why such mistakes happen.. There were 3 companies that I was tracking – I have a position in just one of them – […]
‘Subra I want to quit my job’ Me: and do what, may I ask? I have this conversation with one person EVERY week, and these are the 2 answers that I get: I want to see the world, have a nice life and spend some time with the family. OR I am sick of working […]
‘Subra I am 43 years old, and live in a flat which I inherited. This house is now worth about Rs. 3 crores. I am planning to buy a new house for about Rs. 2 crores – for which I will make a Rs. 50L down payment. I hope to pay off the Rs. 1.5cr […]
When you talk about equities, people usually get up and say ‘Real estate gives better returns’…I bought a house in Kharghar for Rs. 20L and now in 10 years it is worth Rs. 3 crores or some such numbers are thrown. Not that I try to defend equity as an investment (my returns do not […]