Well this note is about Michael Lewis (of Liars Poker fame)…he can write very well for sure Here he is writing about Greek bonds in Vanity Fair…and the article is hilarious. If you think Indian government is inefficient, you will see the Greek government is almost a joke. To call the Greek economy a third […]
Who is smarter – the Gujju taxi driver of New York or the Heads of American and European banks? You guessed it…here is a joke.. A naked woman got into a cab late night….the driver kept staring at her without starting the cab. The woman got irked and asked ‘Have you not seen a naked […]
This is an old post…now reposted to be in tandem… One assignment that an MBA class likes (loves) is to do projects. It better be projects which are easy to do of course! One MBA class where I suggested that they go out meet IFAs and a few customers to find out how the investing […]
Whenever there is a talk about investment (greed) or insurance (fear) there are a few statements that I hear, and it does not help at all! Let me elaborate on those statements: 1. You have Colgate? I wish I had bought that share WHEN IT WAS THAT CHEAP! – you can replace Colgate with Hdfc, […]
One assignment that an MBA class likes (loves) is to do projects. It better be projects which are easy to do of course! One MBA class where I suggested that they go out meet IFAs and a few customers to find out how the investing process works was greeted with shock by everybody including the […]
Why is Navi Mumbai real estate so expensive? Or is it correctly priced? Well answers are difficult to get. A decent 2 bedroom apartment costs upward of @Rs One crore. Even for a professional who has a nice starting salary of say Rs. 500,000 gross income (per annum) the cost of a flat is about […]
“Of one thing be certain: if a CEO is enthused about a particularly foolish acquisition, both his internal staff and his outside advisors will come up with whatever projections are needed to justify his stance. Only in fairy tales are emperors told that they are naked.” – Warren Buffett Making a projection to impress the […]