Subra, is this the best time to enter the market? Boys, girls, fathers, journos, readers everybody asks me this question, almost every day. Many want to see if I change from what I said the previous week, some to go home and laugh saying – see the market has come down ‘this guy knows nothing’, […]
Well this is not really about me quitting teaching, but somebody else. However I also quit teaching after teaching for just 20 hours in an MBA school. I vowed that I will NEVER go back to that school. Then I said I will never go back to teaching a full course. A single lecture is […]
One big PSU bank – which has been actively wooing me to open an account- called me and offered me a credit card. Here is the story. No exaggeration. Please believe me, it is the absolute truth. I anyway did not want the card, so can laugh at it, but if somebody wanted a card […]
Sir for 50 marks can we do a project please? This is a question which is difficult to handle….but mostly one has to say yes…so I tell them stories of how cut n paste does not work. In Mr. Fali Nariman’s autobiography ‘Before Memory Fades’ he has given an instance of this… At a party […]
Is it possible for anybody to hurt you? The answer is actually NO. Normally we allow the other person the ‘right’ to hurt us. This actually happens by being too ‘attached’ to that person. ‘Attached’ is a funny word – it actually means you like that person, like to see him/her happy, laugh and cry […]
One professor of a college wrote into a leading personal finance magazine: “I do not agree with you…Equity is not a great investment. The Sensex started in 1978 at a base of 100 and in 2007 reached 20,700. This means 207%. Now this means it has given a CAGR (think compounding!) of 6.9%. We could […]
Cholamandalam DBS did a private placement of its shares @ Rs. 92 with IFC, Washington. This is just a small story. There is a website which sells financial information…this statement is hilarious. You should read it. It quotes Reuters…and says Chola has 2 subsidiaries – Murugappa group and DBS Bank in Singapore…read on! http://www.alacrastore.com/company-snapshot/Cholamandalam_D_B_S_Finance_Ltd-2507782 and […]