Goldman Sachs recently invested Rs. 500 million in Facebook – implying a valuation of US $ 50 Billion! Now this can mean many things – let us speculate! 1. Goldman Sachs (GS) genuinely believes that FB has a valuation of $ 50 billion. 2. There is a FB IPO in the offing and GS has […]
The problem with personal finance is there is nothing new happening that is worth writing about! If I do not write about an IPO, a NFO, some new insurance plan launched,…or ‘tips’ on what to buy TODAY! ,….or these kind of articles, really there is nothing to write. Also I am an old fashioned guy […]
Many good fund managers are beating the Sensex and the Nifty by a long margin. I am also seeing many individuals (yes the kind of people I meet is skewed) beating the index, and many times by a big margin. This is also because when I see my own portfolio (or my families portfolio) there […]
I had done this post long ago..sometime in July, 2009, when I met Prakash Mundhra for a Television discussion with Prakash Mundhra..about his investments. Today I am repeating this post…’cause it is worth reading about 🙂 Normally the MBAs I meet are the ones who start looking for a job by the time they are […]
If you read the articles on my blog there is malice towards all – if an investor is getting poor returns there is blame to be spread all around. Obviously there is conflict of interest, sales pressures, excessive loads, high fees, charges not being transparent, etc. However one thing the media surely does not want […]
I wish I had joined the mafia – at least everybody would KNOW that I am a bad man! A friend of mine in a high position in a big finance company told me this yesterday! The following are a mix of my views and partly his lament! Having seen Investment banking (I think a […]
For readers of my blog this is not a new news. I have not been a fan of any businessman who is more into ‘market capitalisation management‘ rather than business management. When the Reliance Power IPO came at Rs. 450 I did not apply though of course there are many people who applied. I wrote […]