A friend was investing in a company which was listed about 2-3 years back, and he was about to invest Rs. 20 crores. Not a small sum and he just chatted up with me. He mentioned and asked me whether I knew the company. Sadly, I did know and did not know anything good about […]
Was wondering what are the few sentences that a person should be taught to be in the financial media business. Here are a few: As we had said earlier, the market is now decoupled. Even though the markets went down yesterday in US Indian markets have gone up. Indian markets have gone down, in keeping […]
An amazing land legislation which says land can be procured only by paying 4 times the market value has been passed. This will mean the land owners will benefit, correct? No. Only Economics will work. Let us take a different example – if suppose a legislation was passed that women should be paid 1.25 times […]
i wrote this article for some website / magazine..not sure which Reuters perhaps…. You have just crossed your 24th birthday, when you’ve gained the education and/or skills you need for the career you’ve chosen, and you’re earning money and learning how to handle it. Ok, ok you are not in your twenties but are in […]
If you are an accountant, a company secretary, or in someway connected with accounts and annual return, the first question you must have asked yourself is ‘Why XBRL?’ Correct? People do not like change. And this does not change. We will resist change – simply because we are used to a certain style of living. […]
I get a lot of mails – on my blog, on facebook, and of course on subramoney.rich@gmail.com asking me to write on: – borrowing, loan consolidation, student loan consolidation, bankruptcy, …. -smart spending, – trading – in equities and debt, commodities, gold, silver, etc. – futures and options, hedging, – market timing etc. My response […]
Well well. Once upon a time long long ago we heard about Arithmetic Mean, Geometric Mean, Harmonic Mean and Standard Deviation. Then we promptly forgot how to use them. People keep asking me ‘When should I use AM and when GM? For relationship managers this is a very important question. AM is very useful when […]