From all my posts if you have come to the conclusion that I am against PSU companies, you may not be very wrong. Are the employees in these companies to be blamed for their plight? Yes and No. I have known extremely committed and well meaning PSU employees. I used to know a person in […]
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
Recently heard of 2 frauds in companies lending against gold…. One of the biggest risk in a single commodity lending is the risk of that asset falling so badly that it creates a lot of NPA in your books. Now the lovers of gold will argue till the cow comes home that this cannot happen. […]
The most important requirement for a start up is not just PROFITABILITY, but also the availability of CASH. Cash flow is not the same as profitability – and many businessmen do not realize this. If you are a supplier of material which is not critical for a business, chances are your payment will be […]
One of Taleb’s quotes is ‘never trust an employee’ – I guess it includes commission agents, also. If you are not paying negotiated fees to an adviser, you are paying a pretty high fees in some other form that you cannot see. Here are the case of 2 employees (some coincidence they share a surname). […]
Never been a fan of big government…or of any kind of government. Surely one thing on which I agree with Ayn Rand… Not been a big fan of UIDAI either…and when I saw that they were nicely sitting in Tech organisations and collecting data for claiming ‘it is growing in popularity’ , the more I […]
Try being a senior citizen in this country! Just day to day living is made tough by the service provider. Make no mistake when I saw the ARPU for airtel going up, I was happy – I am a shareholder and my latest buy was at 276! So in this bad market it is making […]