Well first it was Global Trust Bank Then it was Satyam Computers RBI screamed and shouted foul. They said it was only our Hyderabad unit, not all of us. Then people chuckled. They said did you know that the partners of Arthur Anderson (btw the founders were from PWC) are still around. Well read on…NOW […]
I kept saying that the market perceives that the worst quarter – for a short time at least was the Q ended Dec 2011. Why this quarter? The interest rate increase was felt fully, sales were down…and obviously profits were expected to be down. It is in such a time that the shares (which had […]
here is a letter that I received..if it were true, I could have paid a dollar for everybody clicking on my site…alas, i think it is one more junk mail..but it makes interesting reading, does it not? read on: How are you today? I must say that I have enormous respect for you considering […]
PSU companies make profits only if: – they have a monopoly – price is controlled or quantity is regulated – the market is very unfair – there is so much profit that all companies make profit. PSU banks fall in the 4th category! The government owns about 25 banks – and it has no reason […]
CAVEAT: “I have a cruel sense of humor and keep writing such articles. Some readers take it seriously. THIS IS A SARCASTIC ARTICLE. DO NOT TRY IT OUT. PLEASE” This fantastic career option that I am talking about is making a career as a Forex Trader. Why before you make that move you could even […]
I watched 5 minutes on a channel that was discussing Financial Advisors. An interesting suggestion came up – one of the panelists said an advisor should get say 20% of the profits and about 10-15% of the losses in a clients portfolio. Brilliant advise. If you do not know what a portfolio manager does and […]
It is the world of capitalism (Socialism has failed they say). So Ayn Rand is here to stay. RIP Ayn Rand, please stop shrugging like Atlas! If we were to believe that capitalism works, we have to assume that all the people connected with one company should have the company’s good at heart, correct? Well […]