Posts

Showing posts with the label education

Aboutme.SubinEarth - Changing Environment For Good

Changing Environment For Good.... I read Guy Spier’s book, The Education of a Value Investor: My Transformative Quest for Wealth, Wisdom, and Enlightenment , in a single sitting. The section of the book I was most interested in reading was on his charity lunch with Warren Buffett. While details of what transpires at these lunches are fairly scant, there is a whole chapter on it in this book. I tore into that chapter first, eager to find out the pearl of wisdom that eluded me. Finding no secret, I flipped to the front and fell into the story. I had the serendipitous pleasure of running into Guy at the Omaha airport earlier this year. What I loved about him – and his book – is that he’s open about his struggles. In a world where so many of us, myself included , are closed and guarded about things we don’t want other people to know or see, Guy is an open book. He has struggles. He’s human. He’s real. Things are not black and white. He didn’t come out of the womb fully ...

Aboutme.SubinFinance - Indian Govt Big Mistake , Creating Cost-Push Inflation

Aboutme.SubinFinance Aboutme.SubinEconomics Aboutme.SubinHealth Aboutme.SubinAdvertise The Central Government of India is creating more inflation in the inflation-hit economy as the means of Cost-push Inflation by providing Dearness Allowance of about 6% to employees. By giving Dearness Allowance is good, but the Government has not got any means to check whether the employees are giving more productivity for this. This is just “Vote-Bank” politics.  As this money is going to reach about 50 Lakh Government employees and 56 Lakh pensioners, so automatically the inflation which is now showing a growth of about 15%, which will be growing to about 20% in the months to come.  For price rise the Government is planning to compensate with 119% pay, which will increase the price of foods, luxury goods, home prices and more. The Government is not calculative as we’re suffering from Onion at Rs. 60/kg, Tomato at Rs. 80/Kg, Veggies has been increasing about 100%, edu...