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SiteReview

Site Review:Social Finance

This post is in continuation of my site review series (see here).

Social Finance as the name suggests is a site which uses the social media to answer questions related to personal finance.

Topics can range the entire gamut of the personal finance space.Some examples “School Fees Tax Exemption”, “Tax calculation for independent Consultant” etc

The topics are very practical and relevant and the answers are crisp and to the point.

Check it out for yourself !!

 

 

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SiteReview

SiteReview:CapitalIdeasOnline

This post is in continuation of my site review series (see here).

CapitalIdeasOnline is a site run by a group of value investors which includes the veteran investor Chandrakant Sampat.

What I like about the site is that it is update quite regularly and contains some interesting articles/posts.

Most of the posts are written by Chetan Parikh who appears to be a voracious reader.He posts about stuff that he finds interesting in the books that he reads .Sample this

 

“In a classic, “The Daily Drucker”, the author, Peter Drucker, writes on innovation and risk taking.

 

I once attended a university symposium on entrepreneurship at which a number of psychologists spoke. Although their papers disagreed on everything else, they all talked about an “entrepreneurial personality,” which was characterized by a “propensity for risk taking.” A well-known and successful innovator and entrepreneur who had built a process-based innovation into a substantial worldwide business in the space of twenty-five years was then asked to comment. He said: “I find myself baffled by your papers. I think I know as many successful innovators and entrepreneurs as anyone, beginning with myself. I have never come across an ‘entrepreneurial personality.’ The successful ones I know all have, however, one thing-and only one thing-in common: they are not ‘risk takers.’ They try to define the risks they have to take and to minimize them as much as possible. Otherwise none of us could have succeeded.”

This jibes with my own experience. I, too, know a good many successful entrepreneurs. Not one of them has a “propensity for risk taking.” Most Successful innovators in real life are colorless figures, and much more likely to spend hours on cash-flow projections than to dash off looking for “risks.” They are not “risk-focused”; they are “opportunity-focused.””

 

Check it out for yourself !!

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SiteReview

Site Review: Subramoney

This post is in continuation of my site review series (see here)

SubraMoney is an interesting blog written by P V Subramanyam

The author is a veteran of the markets and has seen many cycles in the stock market.

His posts usually deal with personal finance issues such as tax, insurance etc.

The author also narrates various real life anecdotes which makes the blog very authentic and interesting.Sample this

I know a chartist who has NO MONEY INVESTED IN THE MARKETS – he says even holding a small position creates bias. He invests only in mutual funds (through his brother, on a SIP basis) and HAS NO CLUE about the portfolio of the fund scheme. The last time I met him he had earned Rs. 15L as fees from a stock broker for giving calls on the broader indices. Not bad for a months job, eh?

The writing style is informal, honest and authentic.

Check it out for yourself !!

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SiteReview

Site Review:CapitalMind

This post is in continuation of my site review series (see here)

CapitalMind is a very popular financial blog written by Deepak Shenoy.

Deepak covers a range of topics in his blog-from inflation figures to monthly Nifty performances to misselling of insurance products etc

Some of his posts are very well written and incisive in its analysis-for example, take his latest post on how relationship managers are peddling HDFC Crest to unsuspecting customers.

Deepak Shenoy is also associated with low cost brokerage Zerodha.I believe Zerodha heralds how broking business will change in India in the future aka just how the US brokerage industry changed due to low cost discount brokerages.

Check out Deepak’s blog for yourself !!

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SiteReview

Site Review:First Choice IPO Analysis

This post is in continuation of my site review series (see here).

First Choice IPO Analysis is a blog written by K A Prasanna.

As the name suggests, it usually covers IPOs for Indian equities and offers a buy/sell opinion on the same.

Since the Indian IPO pipeline is quite dry, Prasanna has taken to commenting on market events as well.

Some of his posts are fairly interesting-like his analysis of merchant bankers etc

The blog is useful for readers who want an unbiased view on forthcoming IPOs.

Check it out for yourself !!