Who benefits from the introduction of xbrl? 1. The Regulator: When the Parliament asks the regulator to produce sensible documents, currently they do not. Not that they produce it after a time lag, they just do not have it! The regulator has millions of tons of pdf documents and hard copies – in an unclassified […]
There is a trend that is visible and scary. Many people think that websites, magazines, blogs (including this) can substitute for actual work. Let me explain. Rakesh Jhunjhuwala and Vallabh Bhansali are the more famous names so I am naming them. Both are Chartered Accountants – Vallabh a rank holder at that. Both put in […]
There is an alphabetic soup in the financial qualifications – and there are many animals out there. Most first time investors (and some veterans too) are legitimately confused about their role so here is a lesson 101: Financial planner: supposed to know everything about you PERSONALLY so actually called ‘personal financial planner’ who helps you […]
Now that you have heard about a few of my mistakes, let me tell you more! So here it is: Overconfidence: It took me about 20 years of being in the markets to realize that understanding markets is difficult if not impossible. It is not the first few trades that make you confident – it […]
This is not an article on market timing! I am still not out clearly on whether we are in a bear market, bull market, recessionary market, growing market or emerging markets! This article is about why you must invest TODAY! You must invest if you wish to have a corpus available for some life time […]
If this sounds like the title of a book, well it is! I have collected a few of my articles – they may well be available on my blog and elsewhere that i have written – which means rediff.com, moneycontrol.com, and myiris.com. This book is a part of M3 – Msigma – as iris calls […]
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 […]