Not sure how many of you will believe this, but when the DLF scrip was quoting at Rs. 1200, I asked the research head of A BIG broking firm – whether it is worth buying. He said ‘Sir based on MY accounting tolerance this share is worth Rs. 400 based on boss’s accounting tolerance and […]
‘Subra you did a post on do not trust an employee…can we trust a big branded financial company?’ asked a reader. Of course you can trust a big financial company as long as you can remember that: MF Global misplaced US $ 633 Million (or was it Billion or Trillion – when it comes to […]
I have been hearing from friends about good real estate deals in US and UK. Not that real estate there is a good deal or a bad deal, but when you compare it to Indian prices, it surely looks attractive. It may also be some kind of a protection for people investing only in India. […]
When my friend Sameer Saurabh told me that corrupt officials houses were being confiscated and converted into schools by Nitish Kumar of Bihar….here is a news item in Times of India http://timesofindia.indiatimes.com/city/patna/Corrupt-IAS-officers-house-is-a-school-now/articleshow/9918735.cms
Manish of Jagoinvestor.com sent me a mail of an article in Maharashtra Times (here is the link)…talking about how people should try to learn from websites… here is the link http://maharashtratimes.indiatimes.com/articleshow/8232806.cms
One major problem with most of the people buying life insurance is ‘not knowing what they are buying’. Now a buyer should at least know what is he buying, should he not? The whole purpose seems to be to create some confusing products and make sure that the beneficiary is either the manufacturer or the […]
Well one swallow does not a summer make…nor am I sure about this being a trend…however here it is. Real estate prices in Mumbai have (had) grown far beyond the typical working class person. So much so that real estate replacement price and not the product determines the final selling prices. So if you have […]