A friend had gone for an interview and she was asked… Interviewer: Why do you want to do this job? She: I wish to make a career here, learn and serve your customers to the best of my ability….. Interviewer: Bull. Complete bullshit. You need to pay the EMIs..so every morning you will start lying. […]
I am not even sure whether a conversation or strategy which some of us use should be part of this blog. However as an experiment here is a trend in some of our portfolios. I have no clue whether it will work in the future, it has worked in the past – say 20 months. […]
A few days ago I had done a small note on Ayn Rand. She was a Economic Philosophy writer who found that US A had too much governmental interference. If you are a student of Economics you understand the word ‘rent’ in the correct sense. Rent seekers are those people who have been able to […]
Famous words of Mr. R Subramaniam (Subhiksha, Subiksha fame) The problem is that Indian retail was doing too much, too soon. The kind of investments and expansion that Indian retail was attempting was unprecedented. We ourselves added 1,500-plus stores in under 24 months — even for a small store format, this would surely be a […]
As the equity markets have fallen 50% in this calendar year, 2009 markets have to be up! How appealing – and could it be wrong? You bet it can be. I am a little cramped for data – I have the March ending indices and just ran through it. It is not true at all […]