Hey the agency model is NOT working. Well it is not working as it was intended to at least. A group of people start a bank. They work in the bank. Then they appoint employees to work there. They appoint qualified people. These people are supposed to be moral, ethical, ….etc. These people cheat. They […]
So when you are worried about the ‘growth’ shares you should invest in dividend oriented shares or in dividend yield funds. Right? Wrong, well at least partially wrong. If you think you will get rid of your bank fixed deposit yielding 9%p.a. and invest in an equity share that yields 6% p.a. (and hoping […]
This year the xbrl return filing is likely to be extended to a bigger range of companies…Not sure whether and if it will happen, but that is what one hears. Last year was the first year of xbrl filing and year ending March 2012 will be the second year. Tagging of the 3 financial documents […]
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 […]
I think it is much easier to remain healthy, but far more complicated to look after your wealth. Of course I am assuming that people do not buy every vitamin pill, curative pill, magic dye…..and make a mess. If you just eat simple food, do some exercises, sleep well,…you will normally lead a healthy life. […]
Does every business have to be profitable? To the common man, yes! Not true, not true, not true at all! Many people do businesses to: – keep themselves busy – to show to the world that they are doing a big business – hoping to make money 10 years, 20 years or 30 years later! […]
RBI is the banking regulator and obviously it has a role in development of the banking industry, right? Well, over the last so many years what is the penetration of banking in India? Well about 6-8% of the country’s population has some access to banking. Why we do not have banks with EXCLUSIVE mandate to […]