When I say parents put kids in EMI traps, I mean the guys (like me) born in the 1950s, 60s whose children have started earning….and sadly turn to their parents for advise. Well it happens like this… A guy born in the late ’70s or early ’80s starts earning. He first goes and buys […]
Somewhere in the quest for scale individualism goes for a toss. All doctors are urged to think in a particular way by the pharma industry. All Chartered Accountants are part of a body which either guides or prods them to think on same lines..somewhere the independent thinking individual is being smothered if not killed. Look […]
If you are old enough to remember what is LBO it means you were born in the 1950s or 60s! LBO is a short form of Leveraged By Out. Here a set of employees would get together and decide to buy out the shareholders. Then they would take the company public and make their $ […]