Most of the teaching that I try to do is by story telling….and that is a problem for a few people. Last week I was talking to a few people – and it is customary to say ‘MMS and Kalam are good people…’. I said, sorry, once a bureaucrat, always a bur….t. And b..t […]
Normally the public sector units trade at a lower price earning multiple (p/e multiple for those who did not understand the full version). This is largely because there is a general feeling that the owner (manager) does not care too much about the main shareholder. To expect the ‘corrupt’ or ‘indifferent’ employee to work for […]
A friend called in to say ‘Subra even if one reader can start saying “I s…..d up and have made investment mistakes’ instead of saying the following: a. my aunt is an agent so I took a policy b. my father asked me to buy a house c. my relationship manager CHURNED my mutual fund […]
A couple of days ago I did a post about ‘skewed rental market’…. and there were many comments. The one I liked best was by a guy named Sanjay Sood. He said “Mr Subra is just misguiding whole generation. No one can gurantee return in any market, may be equity or real estate, Our market […]
When the economy is not doing well or when a company is not doing well, there is tremendous pressure to reduce costs. The accountants are normally the worst persons to come up with suggestions to reduce costs. They will find simple, stupid costs and act like they have done something great. The normal suggestions are: […]
Remember the Slumdog Millionaire movie? Well, they picked up a kid from the slums and made a movie based on the book by the same name. The kid from a slum was scrubbed, cleaned and fitted into a world of ‘clean bodies and unclean souls’. So far fine. Now this kid went from slum to […]
Here are 2 organisations working for educating the children….one believes kids need to be fed so that they are educated. take your pick, both do a good job…my job is to point people towards good causes… SeeYourImpact.org: Our trek to Everest Base Camp seeyourimpact.org www.akshayapatra.org