In 1991 Prime Minister Narasimha Rao brought liberalisation to a practical level. Departing from the Nehru-Indira’s uneducated guesses on economics, what Mr. Rao did was path breaking. Sadly Sonia is back in power -(and BJP’s stint did not matter) and we are back to our so called social ways. Take the case of the sugar […]
Well, well you have to believe what the government tells you, right? No. Wrong. You need to see what is happening around you to guess what the growth rate can/ will be. 1. I spoke to a HR consultant she told me ‘Jobs paying more than Rs. 40 lakhs have just vanished. Recently when the […]
In almost all trainings – whether it is a relationship managers training or a independent financial analyst’s training, one complaint comes through very loudly. It goes like this: “I have a client who invests 5 a month in a mutual fund regularly. However I am under tremendous pressure to sell him a unit linked plan […]
http://www.subramoney.com/book-written-by-me/ A few days ago I wrote a post saying why I sold most of my shares in a south based sugar company. It was scary when Rahul Gandhi said – some of the losses have to be borne by the mills if the farmers have to benefit. Politicians can keep prices very different from […]
I did an unscientific sms poll asking people the same question: ” 5 year view – If I have money to invest in the equity markets. Should I do a 12 month STP or a 24 month STP?”. The persons covered included 2 CIOs, 2 CEOs a few fund managers, 3-4 research people and a […]