Here is a quick list on what I will not write on: -Taxation esp personal tax. There are more than enough people doing this. -Stock specific tips etc. I may do it once in a while, but not as a regular thing, and not something that is useful. I mean I will not do updates […]
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. […]
English is a very beautiful language. And unlike excel allows you to be as unprecise as you wish. Imagine running an advertisement driven business. You need everybody to advertise. So if you choose one scheme – you are antagonising 54 other schemes in that category. SO if you are serious, you should not run a […]
If you think private fund managers (as in people running PMS services for private clients, not employed in Financial services companies, but stand on their own feet) are all greedy, you may be wrong. Here are 2 fund managers with a fantastic reputation. One was in a top job before he started his PMS services […]
I deal with ‘Mature and old’ organisations as well as new organizations. Here are some observations regarding some of the so called ‘successful’ mature organisations: Most of them need some rejuvenation if they have to still remain alive. They largely rest on their laurels. Some of them have terribly performing subsidiaries which have no claim […]
I know of a few mis-sellers in the financial services who excel in mis-selling. Let us call them A, B and C. A is so used to mis-selling that when a ‘friend’ wanted to buy a DVD player, he was convincing her to get a lap top. This in spite of the fact that he […]
Many people think they (and the industry tells them) that they are eligible for a “home loan”, car loan, personal loan, credit card loan etc. Actually this is not true. You only get a loan against your Form 16, which means this is a loan against your future earning capacity. Imagine telling a lender that […]