My friend Anishka is by far the smartest sales person I know. She manages clothing boutique for a big designer label here in New Delhi. Last week she told me a thing or two about how to sell. Here is an interesting way of doing it: Assessing the psyche of a customer...
Courtesy of one of my well connected friends from Delhi, yesterday I got an opportunity to meet one of the most renowned astrologers in India. Legend has it that a former prime minister was a regular at his office. Before I write about my meeting, let me admit that I...
I have long been convinced that not more than 0.1% of retail investors look at the (Draft Red Herring) Prospectus (the DRHP) before applying for shares in an IPO. As a lawyer (and an Attorney) who spent 6 years drafting these documents, this has never been a happy...
Al started investing in stocks in 1963 with an initial investment of US$ 4,000. By the year 1999, his portfolio value had reached US $14 Million. He has given close to US $8 Million of his wealth to charity. I got to know Al in 2006 when he delivered a lecture at NYU...
A few days back one subscriber asked – “If you say nobody can predict what the stock markets will do in the short term, then how you are so sure about the future of stock “__X__X_”. It’s a valid question, why should anyone recommend a stock? In fact, if the markets...
Market participants and financial media regularly classify stock purchase decisions based on the time horizon or holding period of the investor (i.e. how long can the investor do away with his money and put it in stocks). This classification is usually styled as long...
