So at last I am entering the business of Fund Management…… and here is my New Product launch: It is a 4% Guaranteed Equity Bond – and will be launched on 1st April 2014. Fund Managers: H S Mehta and K M Parekh Disclaimer: any resemblance to anybody from the past market scams is purely […]
So you are 22 years of age and wish to invest in equities, right? Welcome to the very many people who wish to invest in equities, but do not know where to start. First things first. If you are doing a career in medicine, or are a lawyer or any other professional, chances are you […]
Subra I heard you are the best person in Cynical Personal Finance training…so I chose to meet you…Let me ask you a few questions Sir: Subra will you please tell me what is Value Investing? Subra: Well, well. “Value investing is the art of picking up shares at a low price, knowing it has value, […]
Not sure whether to be in the same league as Azim Premji is a good thing or not… Long ago when Rs. 30 lakhs could have bought me 2-3 flats in Ghatkopar I had to make a payout to my customers…and my broker defaulted. I tried all legal methods to get money out of him […]
A few days ago I posted a story saying ‘It is a sad day for professionals’…well all of us make our choices, do we not. If I search all the visiting cards of the people I met, it includes – Mehta, Parekh, many other scam accused as well. I have also had a conversation with […]
When you see news items like IPO subscribed 40 times, or 200 times do you wonder how? Or when L&T finance debentures at 8.5% p.a. gets subscribed, do you wonder why? The answer is very simple. Merchant bankers are a nice small clique who also run PMS schemes. So when the ‘Investment Bank’ goes to […]
This story was told to me in the Indigo flight from Delhi to Mumbai by one of India’s good trainers – and a super story teller. Surprising that he has not thought of ‘Story telling as a therapy’ as a career. His name is Samir Parekh. If you are wondering what is the connection, here […]