A few years ago there was a run on a bank…surely nobody wants me to name the bank, correct? Well I will not. RBI went out of its way to rescue it. When I was talking to somebody in the management of that bank, he said ‘It is actually RBI’s problem’ – we have no […]
If it was as rosy as the media projects…why is it that the whole Indian population does not become an agent? Well there are reasons: 1. Agents get treated badly: Agents for any product are seen as an unnecessary evil – and every body makes an attempt to get rid of them! Even if he […]
When you do not know something, there is risk. Many people who buy and sell regularly think they are traders. Well most of them are not. For being a trader you need trading skills, tremendous discipline, fantastic connectivity to the world markets – I know people who see the markets at 9pm, then 1am, then […]
When we made research reports in the 1990s, we used to have one page on risk factors. One of the risks was ‘Regulatory Risk’ – never bothered about it much.. Now if you are the promoter of a life insurance company, your purse will know what is regulatory risk. Thanks to IRDA’s diktat, all life […]
Long ago – in 2008 SEBI said that you could lend your stocks – made a lot of sense. If you are a promoter or a long only retail investor you could give your shares on ‘rent’ and earn some money. As usual the path to hell is paved with good intentions and SEBI did […]
http://www.subramoney.com/personal-financial-planning-workshop If you belong to a category of people who mix personal relationships and business relationships, welcome to being an Indian! However there is a marked change happening – and there is no age group which is changing. Let me give you some examples. I deal with a person who heads training in a Wealth […]
“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 […]