Ruane Says......1) On investment banking"What are they doing ? Shifting money back and forth without creating value.Most mergers don't work, but Wall stree trumps them up, and the CEO agrees because he wants to run a bigger operation. And some of those wrap accounts are terrible for clients - fees on fees"2) On business scale :-"Staying small is simply good business .it wouldn't...
Here are some of the definitions of Index of Industrial Production .... and it's use in determining the business cycle. IIP is extremely important in when you are in or investing in commodity business because it's extremely important in determining the business cycle trend . Although I don't hold any commodity stocks (now) but still analyzing companies related to commodity driven stock has...
Apart from reading great books I'm a constant reader of the following sites.....Please check out if you are interested . You can say it as my cost cutting measure but I do have taken a subscription of Outlook Profit :-).... Happy reading.http://businesstoday.digitaltoday.in/http://www.businessworld.in/index.php/Archive/http://www.businessworld.in/index.php/Magazine/http://money.outlookindia.com/http://business.outlookindia.com/http://www.sanjaybakshi.net/http://www.ibnlive.com/Economic TimesTimes Of Indiahttp://www.moneycontrol.com/http://www.sciam.com/sciammag/issues.cfmhttp://www.forbes.com/http://www.officialwire.com/main.php?action=posted_news&catid=865 One of the best of it's kindPutting all the links here so that I can navigate these sites...
Buffett goes to Wharton :-I hereby declare I'm copying this article from CNNMoney.com and CCNMoney own the exact interview.Why Warren Buffett views his job as similar to painting the Sistine Chapel.By Nicholas Varchaver, senior editor(Fortune) -- In a presentation he made to students at the Wharton School earlier this month and a subsequent interview with Fortune, Warren Buffett shared his thoughts on everything...
Today I started with another awesome company headed by equally great management :"Karuturi Global" . Well this is my second banglore based company where I have started investing and it's again due the simplicity of the business and easy access to company executives ,since I work in bangalore. Already the company is selling very cheap although they have huge debt but it's not...
