For Whom Wealth Matters
October 1, 2013 2 Comments
Keep these words in mind when you stock up on bullion,land,real-estate etc.Always spend a while thinking how you will liquidate the assets you propose to purchase and at what price.Killings are made when you buy not so much when you sell. Read more of this post
September 30, 2013 Leave a comment
Licences and large sunk costs are entry barriers.And its small wonder that big money always want to grab licences.Even if businesses are not built round licences,licences are tradeable and so there is always a scope to grow one’s money by doing so.Also owning companies allows people to be part of interesting deals.
After studying the Radia tapes and investigating the matter, the Serious Frauds Investigating Office has uncovered the above money trail.The accused parties maintain that these are legitimate and bona fide real estate transactions.Watching how the case proceeds through the courts and how the political class deals with it,is going to be very educational.
September 27, 2013 Leave a comment
“For me, businesses are like buses. You stand on a corner and you don’t like where the first bus is going? Wait ten minutes and take another. Don’t like that one? They’ll just keep coming. There’s no end to buses or businesses.”-Sheldon Adelson
September 27, 2013 Leave a comment
Do you believe that women today can do anything?That they are to be found working at every manner of job as per their education.skills and inclinations?That with increasing education among women its only a matter of time till we automatically achieve gender diversity in the work-place?Take a look at the figures and tell me if you still think the same.
In Indian cities the proportion of working women has fallen from a little more than 14% in 1972-73 to a little more than 13% in 2011-2012.And in rural areas the proportion of women at work has shrunk from 32% to 18%.
Have so many women acquired passive incomes to quit work?So what do these figures say about the economic independence of women?
wealthymatters 