Is Warren Buffet wrong and seen as slipping? Well I could never read Snowball – i thought it was too boring. But now I have renewed respect for the author, so may read it http://epaper.dnaindia.com/showstory.aspx?queryed=3&querypage=6&boxid=30690538&parentid=115947&eddate=May%20%206%202010%2012:00AM However I may not agree with Alice on the Goldman Sachs case. There is too much heart burn all over […]
Once upon a time not very long ago the MD of a company (who had never been in a sales function) was making a presentation. At this presentation he would put the Customer on top….and tell the world that the whole organization existed for the customer. Obviously in this diagram of hierarchy he would be […]
Well not long ago in India there was a business group called the Ambani group. When we met as journalists or as analysts we were told that the younger brother Mr. Anil looks after finance. Then one day Mr. Anil Ambani wanted out and the elder brother said ‘let us split’ . So they split. […]
This is not to say that the Indian banking system is great, but I am not sure about how many of you have been following the Goldman case. There is a lot to say against the banking system – but remember do not go short on shares of big powerful companies. Personally there is a […]
Recently a friend of long standing (2nd standard if I am not wrong) commented that my column should be a part of a newspaper and titled ‘Malice towards one and all…” a column which only people born in the 1960s would remember I guess. When ITC (cancer), McDonalds (BP) and Pepsi foods (Diabetes) talk about […]
No clue whether the allegations against Goldman Sachs will stick but if you have spent even a little time in deal structuring and marketing derivatives…you can understand that THIS COULD HAVE HAPPENED. It is also easy to realise that when a brokerage firm is small and the owner is worried about his reputation, he could […]
It is always in retrospect that you can have fun about trends. On one fine day – March 9, 2009 that the US markets had hit their low. Check your brokerage account for transactions around that time. The S&P was below 700, the Great Goldman Sachs was predicting a Dow less than 400, Cnbc was […]