The greatest wealth in the world has not been created by inheritance – but by investing! It is only this generation that can make this comment. We are lucky to be living in times when we can make this statement. Let us take examples of Warren Buffet, Bill Gates, L N Mittal, Azim Premji, Ambani, […]
The greatest wealth in the world has not been created by inheritance – but by investing! It is only this generation that can make this comment. We are lucky to be living in times when we can make this statement. Let us take examples of Warren Buffet, Bill Gates, L N Mittal, Azim Premji, Ambani, […]
It is very difficult to be in the PMS (Portfolio Management Services), Mutual fund business, Broking, Investment banking, …at some stage there is a conflict. There is a conflict between pricing an issue for the IPO and for the customer. What do you do when the promoter of a small company asks you to handle […]
The year 2007 was perhaps the last year of the madness cycle – with Ninja and all kinds of excesses. However the market corrected in 2008 and recovered very fast in 2009. The sad part is that the persons responsible in Eurpoe and in USA were not even brought to book – the Banking Regulators. […]
When we were younger – in school and college, the White man spoke DOWN to us telling us what is right and what is wrong. Now we know that Dr. ManMohan Singh is better than Obama, and all our RBI governors are far, far, far superior to Ben Bernanke and his great predecessor! We of […]
Is Warren Buffet wrong and seen as slipping? Well I could never read Snowball – i thought it was too boring. But now I have renewed respect for the author, so may read it http://epaper.dnaindia.com/showstory.aspx?queryed=3&querypage=6&boxid=30690538&parentid=115947&eddate=May%20%206%202010%2012:00AM However I may not agree with Alice on the Goldman Sachs case. There is too much heart burn all over […]
If you read magazines, newspapers, etc. or watch the business channels you would have been convinced that people chase performance. Constantly ‘experts’ come on television and print media and say ‘people’ should not chase past performance. Actually articles and programs encourage people to churn or chase performance. Do you know what a rating does? It […]