I am not prone to making stock calls very often. The last time I did so, was when Tata Steel fell 14% the day they announced the acquisition of Corus, and I pointed out that things weren’t really so bad. The stock rallied 250% after that, before joining others in the basement in end-2008. I …
The Bharatiya Bharti : India’s Atlas in the Making Read More »
Lebensraum: Germany has finally found it, although not quite the way they imagined it. Today, Europe is at its feet, except that maybe, Germany has no reason to want it there. Over the last year, we have all been focusing on the US. Much of the news has been about US equities, the effects the …
A Mess Called Europe : Lots of Lehman-esque Lemons Read More »
For those of you who are hearing of this gentleman for the first time, he was the medieval economist who postulated (the Malthusian Theory) that nature will keep producing population growth, until it creates a resource crunch, which will then create a series of natural calamities, decimating the population and setting off the cycle again. …
The Return of Malthus : Why We Need To Be Very Very Scared Read More »
Any Bombay Club industrialist would have told you (if you had bothered to ask). A good business model is one where the cost of capital is already subsidized by someone else. Dhirubhai set up his great empire by effectively reducing the Cost of Capital of his projects to near zero. The Birlas will tell you …
Kicking & Screaming : Why Our Thinking On Global Warming Is Wrong Read More »
What if somebody knew the exit polls results in advance, and they did predict a clear majority for the Congress? But this somebody ‘prevailed’ upon the polling agencies to build on the consensus that the UPA was headed towards 200 seats. Or the polling agencies weren’t that smart and did not see such a huge …
Some pretty scary scenarios are built around global warming and its worst effects. One of them is that India could potentially lose half its population or even more to some spectacular monsoon failures; the country could come apart, leading to a potential World War over water. Declaimer: This article written was originally in March 2011 …
The recent swine flu has triggered off a thought process. A tiny flu virus, whose sole distinguishing factor is its ability to take on new genetic material and ‘survive’ different environments, now threatens a species that has (till now) proved to be the most survivable on this planet. Declaimer: This article written was originally in …
Organisms, Organisations & Survival : The Role of Mutation In Growth Read More »
Most unearned profit is created when we are what we are not designed to be. Money is a mechanism to drive human behavior, primarily a medium to exchange (human behavior). The reason people trade stocks is that if you get it right, you can play golf or chew the cud. Declaimer: This article written was …
The Law of Unintended Consequences : The Need to Know What We Do Not Know Read More »
“It is when the tide goes out that you know who has been swimming naked.” Warren Buffet laid out an “if….” statement, that helps you to anticipate markets and the economy bottoming out. The last boom–bust was created by IT, and the most spectacular non-existence of revenues and profits turned up at DSQ Software (also …
The Mithyam In Satyam : The Behavioural Process of Corporate (Mis)Governance Read More »
Well, first we define Irrationality. To use a technical economic term, humans are expected to be ‘rational’, i.e. they are expected to choose those actions that take them towards their expected objectives. Declaimer: This article written was originally in October 2011 and some of the data points may be outdated. So are these objectives ‘rational’? …
Monkey Button I : A glossary of Human Irrationality 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
Please fill this form to get the invitation for my weekly webinars that I conduct for our community. In these sessions I talked about wide range of subjects like investing, personal finance and answer the questions you might have.
Please fill this form below to join this community of like minded individuals with a common objective ,to build a 3-dimentional understanding of the investing world.