Internet is a wonderful tool. It has enabled certain industries such as Music to maintain long tail strategy with low cost. Some of the obscure products (long tail), you can only find on online sites.
By seeing the growth of E-Commerce in Retail sector, I really search for reasons why such a concept is not successful in India. We dont have Taobao, Alibaba, Amazon, Ebay.........
Communication Nation: The long tail strategy
Saturday, November 27, 2010
Friday, November 26, 2010
DE Shaw And The Richest Man In India Might Partner To Enter Banking
Is there really so much of Energy related securities trading in India. I doubt about the volumes.
But yes for other securities such as MF and PE, its a good idea
Word is that DE Shaw would help Mukesh set up:
energy and carbon trading
energy and carbon derivatives
private equity
mutual funds
other security-linked products
Read more: http://www.businessinsider.com/de-shaw-and-mukesh-ambani-might-partner-to-enter-banking-2010-6#ixzz16Q7tg6rc
DE Shaw And The Richest Man In India Might Partner To Enter Banking: "Word is that DE Shaw would help Mukesh set up:
energy and carbon trading
energy and carbon derivatives
private equity
mutual funds
other security-linked products"
But yes for other securities such as MF and PE, its a good idea
Word is that DE Shaw would help Mukesh set up:
energy and carbon trading
energy and carbon derivatives
private equity
mutual funds
other security-linked products
Read more: http://www.businessinsider.com/de-shaw-and-mukesh-ambani-might-partner-to-enter-banking-2010-6#ixzz16Q7tg6rc
DE Shaw And The Richest Man In India Might Partner To Enter Banking: "Word is that DE Shaw would help Mukesh set up:
energy and carbon trading
energy and carbon derivatives
private equity
mutual funds
other security-linked products"
Rich B*** - Top 10 Rich Lists (2005-2010)
Excellent Revelations about building up success and creating Wealth in between
Keep your perspective or your stress level will rocket beyond your control
Build wealth as a by-product of your business success.
If wealth is your only object in business, you will probably fail.
Wealth is only a benefit of the game. If you win, the money will be there.
If you lose, and you will from time to time if you play long and hard enough, it must have been fun or it was not worth it.
Rich B**** - Top 10 Rich Lists (2005-2010): "Keep your perspective or your stress level will rocket beyond your control"
Keep your perspective or your stress level will rocket beyond your control
Build wealth as a by-product of your business success.
If wealth is your only object in business, you will probably fail.
Wealth is only a benefit of the game. If you win, the money will be there.
If you lose, and you will from time to time if you play long and hard enough, it must have been fun or it was not worth it.
Rich B**** - Top 10 Rich Lists (2005-2010): "Keep your perspective or your stress level will rocket beyond your control"
Wednesday, November 24, 2010
CEIBS Graduate - Jobless and searching for Job (My Current Status )
CEIBS Graduate - Jobless and searching for Job (My Current Status )
Though I sometimes feel sympathetic over my current status, but still have high hopes.... with news like these
CEIBS MBA Grads Snapped Up By Employers This Year, Shanghai School Says - Russell Flannery - China Wealth - Forbes
CEIBS MBA Grads Snapped Up By Employers This Year, Shanghai School Says - Russell Flannery - China Wealth - Forbes
Though I sometimes feel sympathetic over my current status, but still have high hopes.... with news like these
CEIBS MBA Grads Snapped Up By Employers This Year, Shanghai School Says - Russell Flannery - China Wealth - Forbes
CEIBS MBA Grads Snapped Up By Employers This Year, Shanghai School Says - Russell Flannery - China Wealth - Forbes
Monday, November 22, 2010
Why "Aligning" Sales and Marketing Never Works | BNET
An honest admit by a Guru. Most important - Marketing has been so blown up out of proportion by the Management Professor's such as Druker et all.
Why "Aligning" Sales and Marketing Never Works | BNET
Why "Aligning" Sales and Marketing Never Works | BNET
Damn Cool Pics: Girls of The Israeli Army - Part 2
Indian Girls should emulate these instead of Bollywood...........
Damn Cool Pics: Girls of The Israeli Army - Part 2
Damn Cool Pics: Girls of The Israeli Army - Part 2
Monday, November 15, 2010
India Economic Summit: Are There Any Good Deals Left? - India Real Time - WSJ
Reality Bites.....India and China have already become overpriced in public and big PE Deals. That is why many PE firms are pushing for small and more illiquid deals.
ICICI new Push for $15m deals
India Economic Summit: Are There Any Good Deals Left? - India Real Time - WSJ
ICICI new Push for $15m deals
India Economic Summit: Are There Any Good Deals Left? - India Real Time - WSJ
Wednesday, November 10, 2010
Mark Yusko - Great Thinker
UBS Wealth Management
http://www.youtube.com/watch?v=_OiO5Avv3bw
http://www.cnbc.com/id/15840232?video=795497458
http://www.youtube.com/watch?v=_OiO5Avv3bw
http://www.cnbc.com/id/15840232?video=795497458
Monday, November 08, 2010
Historical time line of PE secondary Market
Though the article is backdated as it does not include the PEFOX, it is a good chronology of the evolution of Secondary market.
Private_equity_secondary_market encyclopedia topics | Reference.com: "ere is a robust and maturing secondary market available for sellers of p"
Private_equity_secondary_market encyclopedia topics | Reference.com: "ere is a robust and maturing secondary market available for sellers of p"
Saturday, October 30, 2010
Systematic Planning for Supply Chain
Perhaps the most misunderstood and most important thing for a company is its SCM. There are 3 levels of thinking about efficient supply chain
1. Corporate / Financial level - Think about what your real business, what are profit and cost drivers, more important what are growth drivers
2. Marketing Level - 4 Ps, how to take edge in market, how will this contribute growth of individual product line. Most important - Right Product portfolio - which product line to exit, which to reduce and which to add
3. Logistics / Operations Level - Operations cost/ Standardization (6 Sigma) / efficiency / safety security / outsourcing decisions / contracts with 3 party services / regulations / taxation and more importantly transportation taxes
Though supply chain is a very broad term, but if we focus our thinking to each of these levels individually and then in an integrated manner, SCM can become an effective edge over competitors.
1. Corporate / Financial level - Think about what your real business, what are profit and cost drivers, more important what are growth drivers
2. Marketing Level - 4 Ps, how to take edge in market, how will this contribute growth of individual product line. Most important - Right Product portfolio - which product line to exit, which to reduce and which to add
3. Logistics / Operations Level - Operations cost/ Standardization (6 Sigma) / efficiency / safety security / outsourcing decisions / contracts with 3 party services / regulations / taxation and more importantly transportation taxes
Though supply chain is a very broad term, but if we focus our thinking to each of these levels individually and then in an integrated manner, SCM can become an effective edge over competitors.
Product Information - Equity filtered by International Profile View - iShares
Product Information - Equity filtered by International Profile View - iShares
Do these select few funds have capability to capture growth of emerging markets for US investors.
The answer is clearly - NO.
Do these select few funds have capability to capture growth of emerging markets for US investors.
The answer is clearly - NO.
Friday, October 22, 2010
G-20 Meeting : What happens when politicians try to become economist
Politicians from all over the world do not want to loose one thing. You guess what - Vote Share.
Hence, everyone is shouting at top of their voice.
http://www.washingtonpost.com/wp-dyn/content/article/2010/10/22/AR2010102206672.html?hpid=topnews
Hence, everyone is shouting at top of their voice.
http://www.washingtonpost.com/wp-dyn/content/article/2010/10/22/AR2010102206672.html?hpid=topnews
Thursday, October 21, 2010
Coal India IPO - Is Indian Govt. giving too much away
I was not surprised by the 17 times over-subscription of Coal India Ltd. Given by the reserves (Biggest reserves in the world), the valuation was bit of a tough task. Even the company had a huge cash in hand.
Some 2 months ago before the deal, I calculated that the cash in hand per share would be around Rs.40 per share. Though I was not sure about the exact valuations, but analyst were quoting around Rs. 300 in contrast to highest band price of Rs. 245
This brings a critical issue in privitisation of the PSU's in India. Is the Indian Govt giving away a lot of assets too cheap??
EIL and others were not so exciting as markets were not so buoyant in 2009. Next in line - IOC, PGCIL. I would place my bets for PGCIL - Power sector is going to have a good boost in coming years.
IOC will still suffer from existing price restrictions on retail fuel prices in India.
Some 2 months ago before the deal, I calculated that the cash in hand per share would be around Rs.40 per share. Though I was not sure about the exact valuations, but analyst were quoting around Rs. 300 in contrast to highest band price of Rs. 245
This brings a critical issue in privitisation of the PSU's in India. Is the Indian Govt giving away a lot of assets too cheap??
EIL and others were not so exciting as markets were not so buoyant in 2009. Next in line - IOC, PGCIL. I would place my bets for PGCIL - Power sector is going to have a good boost in coming years.
IOC will still suffer from existing price restrictions on retail fuel prices in India.
Saturday, October 16, 2010
Volla! - IOC hiked fuel prices by 70p
Wait a min.....India was supposed to be under Psuedo-APM (well the real APM was not dismantled in 2004)
No man .....now the companies are free. Kudos to IOC for taking this bold step. Though my company (HPCL) still believes in licking Govt. Orders (true signs of a Government Department). It still kept the lowest rate (read the most loss making)
This will open the gate for private investments in Oil & Gas sector esp. fuel retailing. I hope Reliance, Shell and Essar will start again. I still do not understand why the Government should be controlling the pump prices. The Government should leave the pump prices to the market and let the Oil PSU's do their independent pricing.
I very well understand the issue of exploitation of customers esp in rural areas or monopolistic pockets, but I strongly believe that slowly and steadily the open markets will take care of everything.
No man .....now the companies are free. Kudos to IOC for taking this bold step. Though my company (HPCL) still believes in licking Govt. Orders (true signs of a Government Department). It still kept the lowest rate (read the most loss making)
This will open the gate for private investments in Oil & Gas sector esp. fuel retailing. I hope Reliance, Shell and Essar will start again. I still do not understand why the Government should be controlling the pump prices. The Government should leave the pump prices to the market and let the Oil PSU's do their independent pricing.
I very well understand the issue of exploitation of customers esp in rural areas or monopolistic pockets, but I strongly believe that slowly and steadily the open markets will take care of everything.
Friday, October 15, 2010
MBA related books at UNC
Today I went to the Davis Library and started to search a couple of good books on strategy. I was amazed by the lack of variety of books. I believe one of the reason is that the MBA students do not use the library that often at UNC as compared to CEIBS. I remember most of the people devoting most of the time during the day in library at CEIBS.
At UNC, there is a different culture. Students rarely go to the library, which is around 1km away. Also, the only library relevant to Management is Davis and that too is a general library, with only 1 section devoted to MBA. Hence, there is lack of a Management subjects oriented library.
I was looking for the Mkinsey Engagement, a very famous book by UNC alum and Professor. Still, I found some good 4 nos of books on operational strategy. Hope Kenan Flagler will some day develop their own internal library.
At UNC, there is a different culture. Students rarely go to the library, which is around 1km away. Also, the only library relevant to Management is Davis and that too is a general library, with only 1 section devoted to MBA. Hence, there is lack of a Management subjects oriented library.
I was looking for the Mkinsey Engagement, a very famous book by UNC alum and Professor. Still, I found some good 4 nos of books on operational strategy. Hope Kenan Flagler will some day develop their own internal library.
Thursday, October 14, 2010
Fixed Income Result surprised me
I was taken by surprise that I got an H in Fixed Income. Honestly, I did not studied that hard. In fact I did not studied at all for Fixed Income as my time was consumed in other subjects and activities. After finals, I was sure I will get good marks as I did all the problems correct with full confidence. But still, I was not expecting H as their are a number of people from Wall Street in my class, who had done a lot of Fixed Income and proprietary trading in their career.
Though for me it does not matter which grade I get, as I am on exchange, it is a nice surprise. At least, I do not want to be a Fixed Income securities trader on Wall Street. That to me, it is a mindless number crunching job. Though I am good at number crunching, but i want to do some meaningful job. Corporate finance seems to be most attractive field to me. It is very well connected to PE/VC sector, both of which entice me a lot.
Though for me it does not matter which grade I get, as I am on exchange, it is a nice surprise. At least, I do not want to be a Fixed Income securities trader on Wall Street. That to me, it is a mindless number crunching job. Though I am good at number crunching, but i want to do some meaningful job. Corporate finance seems to be most attractive field to me. It is very well connected to PE/VC sector, both of which entice me a lot.
Saturday, September 25, 2010
First week in US
I would say right on the very first week, I got to realize that
1. Why people call US to be greatest country in the world
2. Why economist say this country is going down.
and
3. Why I think USD will go down (below 42 INR/USD by December)
4. Why India and China is future of the world
Let me illustrate 1 by 1
1. People are really warm here. They are not only open, they are willing to lend you an extra hand. Infact I would say - After travelling so many countries around the world, I found people in US to be most cooperative. Though I am bit biased as I live in North Carolina which is known for friendly people. But this soft power is absent in India and China. In fact, I found China to be most unfriendly place till now. I think it is due to the culture that Chinese people do not want to cooperate and they are too mean and selfish in negotiations and relations. India is in between. But yes US is true soft power.
2. Lot of inefficiency and overcapacity all over the place. Lawyers earn more than engineers. Value destroyers (lawyers) are powerful enough. Taxes are really high. No incentive for creating value. Informal channels such as tips in restaurants. Free buses, which are mostly empty.
Hence, the economists seem to be right.
3. An overburdened economy can survive this for long. Broad unemployment (not net) is close to 20%. This means that 1 in every 5 person is facing blues. In absence of any expansion space, inducing inflation and hence, lowering the relative wages and taxes seems to be the only method of escaping the deflation spiral.
4. China/ India - Wage and taxes are low, Lawyers are not powerful, People want to become Engineers (read value creators). Though there is some BS going on in India, China seems to be spearing ahead with unprecedented pace.
1. Why people call US to be greatest country in the world
2. Why economist say this country is going down.
and
3. Why I think USD will go down (below 42 INR/USD by December)
4. Why India and China is future of the world
Let me illustrate 1 by 1
1. People are really warm here. They are not only open, they are willing to lend you an extra hand. Infact I would say - After travelling so many countries around the world, I found people in US to be most cooperative. Though I am bit biased as I live in North Carolina which is known for friendly people. But this soft power is absent in India and China. In fact, I found China to be most unfriendly place till now. I think it is due to the culture that Chinese people do not want to cooperate and they are too mean and selfish in negotiations and relations. India is in between. But yes US is true soft power.
2. Lot of inefficiency and overcapacity all over the place. Lawyers earn more than engineers. Value destroyers (lawyers) are powerful enough. Taxes are really high. No incentive for creating value. Informal channels such as tips in restaurants. Free buses, which are mostly empty.
Hence, the economists seem to be right.
3. An overburdened economy can survive this for long. Broad unemployment (not net) is close to 20%. This means that 1 in every 5 person is facing blues. In absence of any expansion space, inducing inflation and hence, lowering the relative wages and taxes seems to be the only method of escaping the deflation spiral.
4. China/ India - Wage and taxes are low, Lawyers are not powerful, People want to become Engineers (read value creators). Though there is some BS going on in India, China seems to be spearing ahead with unprecedented pace.
Monday, October 05, 2009
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