Tea Break @KotakSecurities #KotakMidCapMeet15
December 11, 2015 2 Comments
A gentleman attracted by my media tag, buttonholed me to ask why the media was so negative on the economy?
Short answer, I’m leery of all rosy stories involving leverage and predictions. And Modinomics involves huge credit creation. Debts become due some or other day and we can’t avoid paying them ,unless we plan on reneging on our word.
Making predictions about factors not within our control is a bit of nonsense. And Modiji’s vision has too many such predictions.
Just heard something useful in Mr Nilesh Shah’s speech @KotakSecurities #KotakMidCapMeet15.
Mr Nilesh Shah,hard at work at the @KotakSecurities #KotakMidCapMeet15 @GrandHyattMum,trying to convince us that #acchedin are just round the corner.Yours truly has as yet not heard anything new.Still not converted to Modinomics.
Great to hear Mr Kamlesh Rao,CEO Kotak Securities, state at the @KotakSecurities #KotakMidCapMeet15 @GrandHyattMum that social media is probably the greatest source of banking developments these days. Eg the competition to cheques and debit cards is the mobile wallet.
At the @KotakSecurities #KotakMidCapMeet15 ,Grand Hyatt Mumbai
wealthymatters 