http://www.subramoney.com/2011/09/my-lessons-in-equity/ Please read the above-mentioned post. As well as the comments, and I will give u an update. Now an update on this post. Mr. R is known to me and I called him a few days ago. This was because I was taking a trading position in Hindalco – at about Rs. 92. I […]
For all those who think that ‘Buy and Hold’ is an easy investment strategy, welcome to this post. This is one of the toughest strategjes to implement. If you think you can buy some shares that are currently being touted on Cnbc everyday and like Rip Van winkle wake up after 20 years, you are […]
When I say banking, I mean banking, broking, mutual funds, insurance, software companies in the BFSI space. So let us revisit the laws: 1. Golden Rule of Life: He who has the gold makes the rules. If your name is Diamond, even better. 2. Salaries are NOT decided by demand and supply: It is […]
The way the media is talking about the mutual fund distributor, the common man must be thinking that the IFA or the ‘agent’ as is generally known must be a big, rich guy, right? No. Most, if not all are agents by force. The financial service industry is very class conscious and recruits only MBAs […]
I liked what Prashant Jain said in his newsletter and liked it a lot. It is a fantastic sales spiel that all equity salesmen can use. It also reminds me of what an editor of a leading Indian magazine once told me -‘Subra I have decided to do the story, now do not confuse me […]
I am not even sure whether a conversation or strategy which some of us use should be part of this blog. However as an experiment here is a trend in some of our portfolios. I have no clue whether it will work in the future, it has worked in the past – say 20 months. […]
Famous words of Mr. R Subramaniam (Subhiksha, Subiksha fame) The problem is that Indian retail was doing too much, too soon. The kind of investments and expansion that Indian retail was attempting was unprecedented. We ourselves added 1,500-plus stores in under 24 months — even for a small store format, this would surely be a […]