Weekend in Pune!

subra — Mon, 16 Aug 2010 03:19:06 +0000

Last weekend was spent in Pune…and almost wholly on investor education! On Saturday I attended a workshop by MoneyLife magazine – a personal finance magazine run by Debashis Basu and Sucheta Dalal – both veteran journalists (ok people born before 1970 are veterans for those who did not know ). So obviously they know most of the things that an individual investor ought to know – to keep his/her money Safe and Invest it Smartly.

This program was at Yashada – a very nice learning center in Aundh, Pune. It was a packed auditorium and if the people took back whatever Debashis and Sucheta said, they would be well off if they implemented even half of it. Taking it to the next logical step of making the client actually do it is a challenge. Scaling it up to reach all the corners of India (Youtube!) and making it relevant for a larger cross section of the population will be a challenge that has to be addressed. Was personally happy to hear Debashis talk about ‘investing’ in real estate and gold – it could not have found him fans . As time goes by will write more about Moneylife Foundation which is a CSR initiative for Debasis and Sucheta. Best of luck Sucheta, best of luck Debashis.

Sunday was a book reading session of ‘Retire Rich: Invest Rs. 40 a day’ also at Aundh, Pune. This was at Hotel Seasons and was organised by Twist n tales and the publisher Cnbc TV 18. Deepa Venkatraghvan read an important chapter and told people how to start early. Very good quality of crowd and very smart questions were asked. Convinced one woman why she should know more about money and her husband know more about cooking.

http://www.twistntales.blogspot.com/

Then I read from Deepa’s book – ‘What an agent will tell you, and you should not listen . …more will follow..

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Annie Frank’s 80th birthday: Today

subra — Thu, 02 Jul 2009 07:16:38 +0000

Anne Frank – perhaps the most enduring voice of the World War II – would have turned 80 today. ‘Sadabishekam’ is celebrated as a thanks giving and for a healthy future. Anne Frank’s 80th birthday is worth celebrating because she can never die. Anne Frank is no longer a person. It is a spirit of saying that the meek can be heard. When Anne Frank was pulled out of her ‘Secret Annexe’ in the spice factory the German gustapo did not pick up the diary of a frail girl. She died of illness (no she was not in Auschwitz – her mother died there, her father survived) a few weeks before the British and American soldiers reached Auschwitz. Her father survived, found the diary and made his daugther immortal. So a frail girl captures for posterity – with pictures and sketches – what Hitler did to the world. The powerful Adolf Hitler is remembered with hatred and this frail girl is remembered with moist eyes.

If you or your kids have not read – The diary of Anne Frank – you must. Not because it is the greatest book ever written, but because it is a great story told without self pity. Scared yes, pitied no.

Anne Frank is a spirit. Do not let the spirit die. One day the oppressive machinery will fail – it is surprising that the Germans left behind a small red diary (which her father found and gave it to a couple of American film makers) – and the truth will prevail. There is after all the universal law “Good will bring good, and bad will bring bad”. Once in a while we feel that God forgets this law – that is our weakness, not God’s failure. Like in investing, in the long run price and value shall merge.

A good place to buy this book is Twistntales – a nice shop in Gaikwad Nagar, Aundh, Pune

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Subramoney » aundh

Weekend in Pune!

Annie Frank’s 80th birthday: Today