I have learnt so much from so many different people. They have influenced me and shaped my thoughts in many ways. Some of these people I like from Business/Management domain are: Charlie Munger Warren Buffett Steve Jobs Jeff Bezos Henry Ford Elon Musk Rajiv Bajaj Ajay Piramal One person I have not followed much is... Continue Reading →
Good Read: On Remittances
If you follow the Economics of emerging countries you would know that remittances from other countries back to the home country is a significant contributor in the development of that country! India has a huge population and equally huge number of migrants to various countries. There are regional pockets and affiliations based on decades of... Continue Reading →
Good Read: How Long Is A Quarter? 6 Months If You Are This Indian “Startup”
I came across a couple of interesting articles on Reliance Jio (Mukesh Ambani's $38 billion "start-up") suggesting that the accounting practices (just like a lot of other things at the Ambani Group) could be dubious. I want to write something on valuation and Indian equity markets since a long time...meanwhile do read this article. Ambani’s... Continue Reading →
Good Read: Making the Jump from Millionaire to Billionaire, and How Long That Takes
Here is an intereting Infographic: Making the Jump from Millionaire to Billionaire, and How Long That Takes Source: http://www.visualcapitalist.com/jump-millionaire-to-billionaire/ Some very good insights based on this...will write some other day.
Good Read: How a blind artist is challenging our understanding of colour
A friend of mine shared this very interesting article today: How a blind artist is challenging our understanding of colour Source: https://scroll.in/article/873377/how-a-blind-artist-in-turkey-is-challenging-the-understanding-of-colour I have thought about this and discussed this with friends several times before in various context. And here are my thoughts on this: The question that still remains is: Does the painter understand colors... Continue Reading →
National Pi Day 2018
Today is National Pi Day (March 14th or 3/14). I had written a blog post on National Pi Day in 2009 which you can read here (the blog post was imported from my old blog and there seems to be some loss of content or distortion of metadata). I joined Twitter on 13th March 2009,... Continue Reading →
Good Read: Definition of A Bank
Brilliant Definition Of A Bank... A bank is a broker between the middle class and the rich. The only place where the two meet is in a bank. The middle class brings the money, through saving, and the rich takes it, through borrowing. A middle class person saves the money because they have more money... Continue Reading →
Good Read: Why Financial Statements Don’t Work for Digital Companies
Here is a very good article written by Vijay Govindarajan, Shivaram Rajgopal and Anup Srivastava published on Harvard Business Review Blog. Why Financial Statements Don’t Work for Digital Companies Some of you may not be able to access the link, so I am reproducing the article here with due credits: On February 13, 2018, the New York... Continue Reading →
Understanding The Punjab National Bank /Nirav Modi Scam
Understanding The PNB Scam!!! What actually happened in PNB scam? Let’s start from the concept. First, The Concept Let’s understand how things work. Some importer, let’s call him Nirav Modi or NM, wants to import pearls or diamonds and then sell them. The purchase requires money, so NM approaches a bank, say Punjab National Bank... Continue Reading →
Smarter Every Day…
Winston Churchill once said: "I am always ready to learn although I do not always like being taught". Churchill was a Punekar (Puneite) in that sense. I too, like any genuine Pune resident, don't like to be taught; but I am always willing to learn! And if you really want to learn with above motto,... Continue Reading →
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