you build up a company, then you want to sell the company. who do you go to? a big Investment / Merchant banker? For him you are small change (obviously with million dollar bonuses, if your fees is ONLY 5 million dollars..) In Indian conditions, it must be worse of course. read on how YOU […]
George Orwell. Not a name that many of today’s kids are familiar with. This guy George wrote two books – both became famous. One was a satire on Russia – ‘Animal Farm’. The most famous dialogue in that book was ‘All pigs are equal. Some pigs are more equal than others’. Last week (mid Aug) […]
This article has been repeated…to say that inspite of the so called markets being down this still holds…and the last line is a new addition – a link to Deepak’s site… Over the last 7-10 years you could have heard the following comments: 1. Only banks can give home loans and make money: After all […]
http://www.subramoney.com/personal-financial-planning-workshop Wockhardt and then Emaar had withdrawn their IPOs. Withdrawn was a joke. The public did not buy them, therefore the issue had gone back. What was the learning? Even a rising market nobody, really nobody has any interest in saying that the issue is overpriced and the end customer should not subscribe. A greedy […]
Now that you have heard about a few of my mistakes, let me tell you more! So here it is: Overconfidence: It took me about 20 years of being in the markets to realize that understanding markets is difficult if not impossible. It is not the first few trades that make you confident – it […]
If you have seen the Sprite ad, you will appreciate this for sure! Mutual funds have a compulsion to raise money continuously – and this they can do only if their sales team is able to sell. However, in a very funny way, ‘what sells is what gets sold’ – so they need to come […]
This is actually very personal! First of all the Satyam episode is shocking. NO doubt about it. However, if you have dealt with corporate India, when I say shocking, I only mean the size. NOt the modus operandi. Many, many corporates have done it in the past. Lets go back to the start of Satyam. […]