This is crazy. What has happened in Satyam for me looks like an action replay. When Ketan Parekh was ramping up his’K10′ shares I was asked why am I not buying a particular ‘S’ software. It was flouted to me that a particular fast growing fund was buying its shares and the company was doing […]
This is actually very personal! First of all the Satyam episode is shocking. NO doubt about it. However, if you have dealt with corporate India, when I say shocking, I only mean the size. NOt the modus operandi. Many, many corporates have done it in the past. Lets go back to the start of Satyam. […]
In case you are wondering what this contains, welcome! a Few days back I posted “Advisor’s fault, of course’. I got a few responses for that. So I thought an explanation is in place about an advisor’s role. First of all an advisor should give advise, only if it is sought. Do not convert all […]
about 10 days back did a program on Utvi on behavioural finance…here is the transcript. http://www.utvi.com/personalfinance/financial-investment-india/15714/investing-sans-emotion.html# – is where the original is, for the others, here it is being reproduced! Investing sans emotion UTVi News Desk Published on Dec 18, 2008 MUMBAI: Leaving emotions out of your financial decisions is tough. After all, it’s about […]
Am more than convinced that frauds are just waiting to happen – all you need is some little effort. In case you start a “We save stray dogs by covering them with blankets”. All you need is some good campaign, a nice network, some religious leaders to back you, some social leaders to get […]
Many of my friends, students, clients, relationship managers at banks, business development managers at life insurance companies concentrate on ‘r’ – or the return that they can get on the potential new investment. I really am amused. Let me tell you why. None, repeat none, except one brilliant uncle, knows their current income (unless it […]
Recession, slow down, pessimism about the Indian economy (of course because of the recession in the U.S. economy) are words that become common place in local lingo! Everybody and his aunty is now convinced that the Sensex will touch 5000 very soon, and the last place to be investing now is the equity markets. […]