Real estate prices are rarely rational! It is just that there is not enough information available in a well organized manner, and people are resistant to change. Take a city like Mumbai. It is impossible to set up a barber shop, an inexpensive eatery (I mean selling dosa at Rs. 50), a general practice or […]
What Greg Smith said in his resignation letter about GS is not a surprise, is it? How many of you were ‘surprised’ at the tone or the content of that letter? Not sure how this is as a career move for him, but I guess it will work. He will be snapped up by many […]
Subra we may be a great marketing and distribution company, but we are no patch on the steel, cement and finance companies. This was said by one of the World’s great FMCG company….this is so true. Let us see how the real estate market works AGAINST the renter and FOR the owner: 1. ‘You cannot […]
A few days ago I posted a story saying ‘It is a sad day for professionals’…well all of us make our choices, do we not. If I search all the visiting cards of the people I met, it includes – Mehta, Parekh, many other scam accused as well. I have also had a conversation with […]
Well way back in the year 2001, we were a group of people who attended a mutual fund training program. Here we were taught some very important things. One of them was “Who can invest in a mutual fund” ….Uma Shashikant gave us this answer: Now let us see who all can invest in […]
What a move by the US regulator and followed by the European regulator. Great. Now you cannot short sell. However, please remember you can always buy put options and make money. Unless regulators around the world allow free markets to play, there is no cribbing about how the market behaves. If somebody has short sold […]