For students of Economics, there used to be a concept called ‘Free Market’. The USA was considered to be the home of free markets along with old democracies like France, UK, Japan and the like. Many economists believed that the Free Market was never born, but that is debatable. After much thought, searching and with […]
Not sure how many of you even remember the big printed (8-9 pages) airline tickets (not too long ago – 2002 it was still in vogue)…the travel agent (without whom you could not book the tickets), the discounts of 8% that the agents gave (to people who asked!!), or the free ticket for the wife […]
So many people tell me (OMG and I politely nod) …here is what I wish to tell them: Subra, I made money…. a. buy getting ESOPs in my company b. buy buying a house for Rs. 30 lakhs, now it is worth Rs. 90 lakhs and only Rs. 12 lakhs of the loan is to […]
This is surely an attractive title…but Suzie Orman says she has a Money book for the Young, Fabulous and Broke! So this cannot be a title for my book… Now what is young? Young is what young does! So young is somebody who is 10 years younger to me and old is somebody who is […]
Once upon a time (even today it has not really changed much) companies were run for the benefit of the dominant shareholders who were also in management. Even today that happens in companies like Reliance, Birla, Bajaj, Murugappa, – and these are not insignificant in size or contribution to the national kitty. However in the […]
Sometimes you get rich by not getting ESOPs! If the private life insurance companies did not give you ESOP, rejoice. It must be really difficult if you have such a tough competitor like LIC! Look at what all they do: 1. They give in writing to corporates – we will give you 9.35% p.a. return […]
http://www.subramoney.com/finance-for-non-finance-people-workshop/ Since the name of the game is transparency …all websites should be made to disclose how the costs add up. For example on mutual fund, banking and life insurance sites there should be a ‘disclosure’ of salaries. I should know that the MD got a salary of Rs. 2 crores + esop +….This will […]