where I examined the recommendations of TRAI and showed my readers how it was impossible to achieve a fragmentation of the industry without resorting to unfair means. My column predated the breakout of the 2G Scam, which has hogged headlines for the last few months. It might be useful to read that article, to understand …
Hoist With Its Own Petard : An Update on the Telecom Sector Read More »
So onto China, which is much easier to deal with. It is just a larger version of Japan. If Greece could be ignored, simply because it was 2.6% of European GDP, Japan can be ignored in tomorrow’s developing picture of the world economy, simply because their remaining 90 mn population will be just 1% of …
Unlikely Winners : When Doing Nothing Is Better Than Doing It Wrong Read More »
Let’s see now…Japan now sells more adult diapers than baby diapers. Its total population peaked in 2004, its working population peaked in 2009 and it has 40,000 people above the age of 100. Its population is set to drop by 40 mn people (30%) by 2050. That same 25% is the proportion of the population …
For almost a decade, Gold has been the ‘trade of the decade’. Buy the dull metal against almost anything: stocks, currencies, debt, anything but ‘precious commodities’, i.e. commodities in short supply, because India/ China are big incremental users of it. The relative movement of Gold has always been with lower risk/ volatility and it has …
An Asset Class Called Governance : The Case For Selling Gold Against Something Read More »
Indian inflation may lead to a redistribution of pricing power to those sectors that need an additional dose of profitability, indirectly driving investment into those sectors. Declaimer: This article written was originally in April 2008, and some of the data points may be outdated. Let’s define the problem first. The current ‘global’ inflation problem can …
I was barely ten, but the memory is very clear. There was this news headline about how a huge mansion had come up in the middle of Bihar’s poorest district, shortly after someone finished his tenure as Defence Minister. The amount (speculated upon) stuck in my mind; at a time when the only car in …
Uncommon Health From Commonwealth : The Economics of Corruption Read More »
Well, for starters, let us rule out the ‘consensus forecasts’. The world WILL NOT grow on steroids; a second TARP will have dramatically different consequences, possibly triggering a currency crisis of unimaginable proportions. Declaimer: This article written was originally in January 2010, and some of the data points may be outdated. Deflation, Depression: A bond …
Looking Back, Looking Forward : Evaluating Different Probabilities Read More »
The Govt used to try and hold up stock markets by getting the UTI and LIC to buy shares to stem the panic. Next thing you know, the US-64 was brought down to its knees. Then, during the Lehman crisis, the US Govt tried a ban on short-selling. You would have thought that regulators learn …
TRAI-ing to Fail : Irregular Regulations That Will Only Make Matters Better Read More »
‘Chicken’, by the way, is a game similar to ‘blink’, where children try and outstare each other. The first one to blink is the loser. One of the versions of this game was seen in an Aamir Khan movie, where he rushes at an oncoming train, jumping out of the way at the last minute. …
Playing Chicken : Why It is Dangerous to Play For Low Stakes Read More »
Have you ever wondered why childhood mathematics was limited to addition, subtraction, multiplication, and division? You can be called ‘educated’ if you have mastered these skills, in almost every country in the world. But why isn’t Square Root, or r2 (a.k.a. Correlation), square variance, relative movement (a.k.a. beta), regression or logarithmic relationships not used so …
Second Factor Derivatives : Going Where the Mind Cannot Read More »
As a participant in the Dr Mentoring Program (DMP) four years ago, I can say with confidence that the program has been instrumental in shaping my approach towards managing operating cash flow and developing strategies for becoming a successful doctor entrepreneur.
Under the guidance of Mr. Sanjeev Pandiya, a seasoned ex-CFO of many listed companies like SRF, Jindal Steel, and Haulonix, the program provided us with invaluable insights into the financial aspects of running a medical practice. From understanding the basics of accounting and financial statements to learning about cash flow management, the program covered all the essential concepts required to successfully run a medical practice.
Moreover, Mr. Pandiya’s expertise and guidance helped us develop a strategic mindset to approach our profession as entrepreneurs. We were taught how to think outside the box and innovate to create unique offerings and build a brand that sets us apart from the competition.
Overall, I can confidently say that the DMP has had a profound impact on my professional growth as a doctor entrepreneur. The program’s emphasis on financial management and strategic thinking has equipped me with the tools to build a successful and sustainable medical practice. I would highly recommend this program to any doctor looking to enhance their entrepreneurial skills and take their practice to the next level.
Regards,
Dr Yatin Shinde
Indapur
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