LinkedIn came out with an IPO and became an instant hit. I am personally against IPOs – and my reasons have nothing to do with LinkedIn. I am on LinkedIn and have benefited by being on it. However I am not for buying an IPO -EVER. Now LinkedIN was a company created in 2003 and […]
Many people have asked me – do you trade? and the answer has always been – ‘kind of’. I am convinced that you can build a kind of permanent portfolio – but you need to be thick skinned, and deaf to all the noise around you. I have been told by many well wishers that […]
A few days ago I had done a small note on Ayn Rand. She was a Economic Philosophy writer who found that US A had too much governmental interference. If you are a student of Economics you understand the word ‘rent’ in the correct sense. Rent seekers are those people who have been able to […]
http://www.subramoney.com/book-written-by-me/ Star Plus is perhaps the greatest cricket expert who has never played for India. Since they know everything about the game, they should be made the non playing captain of the team. Every ball bowled, every word spoken, every catch taken – and of course dropped, every injury is analysed threadbare. Conclusion: Indian bowlers […]
this is the second part of the confessions of adviser’s / relationship managers some of the things that i wish to tell my client, but cannot! 1. When I asked you to sell (index 21000) you said ‘it will go to 25,000. Later on you say “You did not say it strongly enough”. Man, you […]
Now that entry loads have been abolished the media will want to don the role of an investment advisor. Not that it is bad for the media, it is disastarous for the investor. This column will try to demolish some of the media perpetuated myths. Today let us look at the top most media myth. […]
Let us do some crystal grazing…where will the index end on 31st March, 2010? Frankly I have no clue. Neither has anybody else. That is the truth. But let us have some fun. If the market were to close at the same level as March, 06 (11280) it would have to go up from 9708.50 […]