Quite simply, we have been in a bull market, which is dead (long live bull…!!!) The limited space allotted to me in this magazine does not allow me to prove this with facts, but I would point to the technical charts, with a sharp tooth at the end, to rest any arguments about that. Declaimer: …
The Comme Si, Comme Sa Market : Surviving In The New Paradigm Read More »
In common with the rest of Indian agriculture, the sugar sector has certain features that are similar to other forms of land usage, but in some aspects, the industry has unique characteristics. Declaimer: This article was written in February 2008, and some of the data points may be outdated. the most important of these features …
The Economics Of Land Ownership : The Ordinary, The Pedestrian & The Unique Read More »
A friend, who has been flat hunting in Delhi, found real estate prices extremely exorbitant, to the extent that he could not afford to buy something in the areas he would like to stay in. Declaimer: This article written was originally in October 2006, and some of the data points may be outdated. A …
Land Ahoy!!!! : Land is still the best bet for the shipwrecked…! Read More »
Biology has a name for our specie, Homo Sapiens. Mostly, this definition captures certain physical characteristics (the size of the brain, mammals, etc) by which we, the human race, are clubbed into a single basket of ‘similar’ living beings. Declaimer: This article written was originally in June 2006, and some of the data points may …
Homo Economicus Vs Homo Sociolus :The Many Modes Of Man Read More »
Companies make Vision Statements that tell you (if they are honest) the broad direction that you can expect it to take. So Apple Inc can be expected to focus on design, while Samsung can be expected to focus on take-to-market. These Vision Statements usually come from deliberate Planning efforts, which is often called ‘Strategic Planning’. …
Irregular Regulations : The need for a philosophy in Regulation Read More »
There used to be much talk about ‘green shoots’ in 2009, although nobody uses that phrase anymore. At a time when sovereigns accounting for about 3% of world GDP look all set to default, it is difficult to imagine just how things will ever come back to normal. Yet, to misuse Nouriel Ruobini’s book title, …
The Dawn After How Things Could Change For The Better Read More »
Black Swan theory was made famous by Nassim Taleb, who said that “a million sightings of white swans does not prove that all swans are white, but a SINGLE sighting of a BLACK swan proves that all swans are NOT white” (emphasis mine). It refers to how individuals (and that includes crowds) often get ‘surprised/shocked’ …
Shades of Black (Swans) : The Expected Unexpected &The Unexpected Unexpected Read More »
We don’t know what we know: this comes from the subconscious or ‘instinct’ and includes ‘genetic’ and ‘social’ ‘volatility’ learning. It also includes cultural learning, like our being Indian makes us uniquely distinguishable from, say, a German. As far as investing is concerned, it includes all the many ‘evolutionary rules’ that we apply instinctively to …
Complexity Theory : When We Don’t Know What We Don’t Know Read More »
What is the first piece of ‘investment wisdom’ that the self-appointed experts teach you? Hold many eggs in many baskets, because you don’t know which egg (or which basket) is bad. The argument for making a portfolio out of everything is repeated so often that its echo is often confused as the prevailing wisdom. Yet, …
Core Competence : The Case Against Diversification Read More »
The evolution of a giraffe’s heart is one of nature’s marvels. What kind of pump can push blood up to virtually the first floor, and why would anyone put in the effort to do that? Declaimer: This article written was originally in October 2012, and some of the data points may be outdated. Think about …
Made to Order Why : Evolutionary Biology Helps In Understanding Markets 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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