The ballet dancer stands on her toes, in an elegant display of (wo)manhood, but it is not her natural state of existence, nor can she maintain herself in her position for long. Similarly, the Theory of General Equilibrium is elegant in construction but impracticable in reality. The need to balance economic variables was not born …
The Ballet Balance The Theory Of General (Dis)Equiibrium Read More »
In the olden days, we used to define ‘utility’, as a narrow metric that measured satisfaction with the lower objectives of Life, i.e. power (a.k.a. money). In its simplest form, ‘Utility’ measured usefulness or profitability, which alluded to money (the most commonly and universally useful commodity), and the term came to be used interchangeably. Some …
The Fondness Of Looking Back :The Experiencing vs The Remembering Mind Read More »
In the beginning, there was virtue. Adam Smith’s Economics postulated that free markets would, in the medium term, automatically provide full employment, as long as workers were flexible in their wage demands. Keynes, however, improved upon this (at least in the conditions succeeding the 1929 depression). He instead argued that aggregate demand determined the overall level of …
“Too large a proportion of recent ‘mathematical’ economics are mere concoctions, as imprecise as the initial assumptions they rest on, which allow the author to lose sight of the complexities and interdependencies of the real world in a maze of pretentious and unhelpful symbols.” Declaimer: This article was originally in August 2017, and some of …
Full Of Holes :The Problems With The Old Economics Read More »
For almost as long as I can remember, Economics has been under fire both from within and without. From within, attempts were made by economists to record the peculiarities of human behavior and document the various decision-making models that run in our heads. This subject eventually came to be known as Behavioural Economics. Declaimer: This …
The Structure Of Happiness : Understanding The New Objective Of Economics Read More »
Think of currency traders as hunting piranha. If you spill even a drop of blood in piranha-infested water, they can smell this ‘weakness’ and pounce on the struggling organism, leaving little but the skeleton behind. Declaimer: This article was originally in April 2017, and some of the data points may be outdated The managed float …
Cowing To The Bully : The Flawed Logic Of Not Defending The Re Read More »
I am amazed that few people are talking about it, and I certainly don’t see enough noise being made about it. If the Dollar:: Re parity was 12% undervalued, I am sure that it would be on the cover page of Femina. Declaimer: This article was originally in April 2017, and some of the data …
Asleep At The Wheel : Why Re Valuations Are A Crisis Read More »
The Law of Unintended Consequences was propounded by a sociologist, Robert Merton, and is officially not part of Economics. Just why is Economics, which once claimed to be a science, so highly flawed? I think the first mistake is in its very objective, to be seen as a science, hence calling upon itself to be …
Garbage In Garbage Out How Cock-Eyed Is Economics? Read More »
It used to be said, during the Independence Movement, that “what Bengal thinks today, the rest of India will think tomorrow”. I think that now applies to Uttar Pradesh, a state not given to much thinking, except with their limbic brain, which responds only to caste appeals. Declaimer: This article was originally in September 2017, …
An Idea Called Modi : When Good Economics Builds Good Politics Read More »
(Behavioural) Economics these days has started to study everything from the level of motivations (of human behavior), as opposed to Classical Economics, which used to study symptoms, the result of human behavior. This new way has corrected many of the distortions in Economics, some of which were as flawed as Darwin’s studies, which jumped to …
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.