Let us look at some things which were heralded as a fantastic solution for a problem. Then we will see how these have NOW become problems and not a solution as it should have been. Insurance, Home loan, car loan, educational loan, derivatives, leverage, credit cards, ………….. Look at business Insurance. It is a brilliant […]
Most of the ‘average’ students today do an MBA and get a degree. Now this could be from a great college, a good college, a bad college or a downright stupid college. Let me tell you the salaries that were being offered for these graduates. It is really appalling. For example I remember that there […]
Mr. Subra my name is A…K. These are some of the facts about me. Please tell me whether I am on the right track please. Facts: AK is 52 years of age, works in a semi-government company. He has a house in Mumbai (current estimated worth Rs. 85 lakhs, located at Mulund). He drives a […]
If I asked you what is common to Harshad Mehta, Ketan Parekh, Hometrade, Madoff, ‘Sir’ Stanford…you will find the answer very easy, correct? All of them played with other people’s money and defrauded millions…What was common to their victims? None of them played with small people’s money. The victims (yes there were some small people […]