O M G!! You are saying good things about mutual funds?! This was the reaction of about 40 people I met last fortnight at a ‘pre-wedding’ food party at a Gujarati friends ‘so called’ party. The food was amazing and for a non 5* setting Rs. 1900 per plate was what I thought well, too […]
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 […]
A few days back I wrote a piece saying the “The future of the mutual fund industry is very B…”. Now you could interpret this B as bleak or bright! I have already written about the bright part, now let me write a little about the bleak part. So here it is…. Since August, 2009 […]
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 […]
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. […]
I am doing a series of short “Why Management should be interested in Personal Financial Well-being of their employees – an Introduction to financial planning” seminars in the following locations on the following dates. This is being sponsored by myiris plus – a revolutionary personal finance software. It will be a 2 hour affair – […]
My name is P V Subramanyam, a Chartered Accountant by qualification and a financial trainer by profession. To make money you need simple ideas and discipline. Hopefully that comes out in the blog. After a 20 year career serving in the trenches of the financial services industry – from Equity broking, mutual fund advising, corporate […]