Turning a Net Profit of ~3,000 into 3.5 lac Crores

     Started in 1986 by just 3 people, over the last 38 years, Kotak Mahindra Bank under the able leadership of Mr. Uday grew into 4th largest Bank in India. Sure, Its worth reading what the man who started from scratch and with his sheer hardwork built such a big bank has to say, Without much ado - 

The words of the Behemoth Indian Banker - 




And If you wondering why we consider him a stalwart, Read our Wealth Creator Episode 3 where we have outlined how Kotak Mahindra Bank turned 1 lac invested into 1.2 Crores today. (82 lacs 5 years back). 

At times, its not about money always, its about doing what you love and trying to be better at it!


For any financial Planning queries, Please contact Droplet Wealth Advisors @ 861017 2018 / 8248369621 or email us at dropletadvisory@gmail.com.


listening 

Comments

Post a Comment

Popular posts from this blog

Why Investing is Easy - Chapter#1

Image
 We have been planning to write a piece with this title for sometime now. It so happened that last week I was speaking to a good friend from Investing community and he shared a experiance with me. He chanced upon a Doctor and learnt that there are from the same place. So the conversation boiled down to - "What puts food on the plate question". So One was a doctor and another was a full time investor/advisor. The Doctor was quick to point out that - Being Investor is such a easy profession unlike others, One can easily make 30-50% returns every year. My investor friend would only laugh since he knows that he is the not 1st and he will not be last to "think" that investing is Easy.  But of course, Investing is easy. Let me put the facts out here.. Lets say this is Jan 2019 and you started simply started SIP of 10K in a Mutual Fund that invests only in Top 100 stocks or lets say just did a one time purchase of about 1 lac. Here is how the results will look today -  In
Read more

The Small Cap Mania!

Image
 People are flocking to small cap funds like the zombies run towards humans in movies. We have seen this earlier and trust us, this is not gonna have a happy ending. Why so, because we are at the climax and you all know what happens to the zombies at the end of the movie, they all are trapped in one place and get finished off. So, why do I connect zombies with small cap fund investors now?                            Read on – Zombies don’t think – as you would have seen in the movies, all the zombies just run when they sense a living being. Similarly, the frenzy today is, all the investors are flocking towards small cap funds without giving a second thought, just because it has given good returns in the last few years . Zombies fall for the trap – Z’s don’t know what is about to happen next. They flock and fall for the trap laid out as expected. Humans are also the same, they run where the returns are higher and end up making worse mistakes. Enough of zombies, lets get to facts now
Read more

Interim Budget - 2024

Image
 We promised to bring you the Chapter#2 of the Why Investing is easy but in the interim, Government published the Interim Budget and I think its reasonable that our readers expect us to write about it and we write about it. So Chapter#2 can wait... Here's the News from the Interim Budget. “ If it ain't broke, don't fix it.” The Government has not done much mumbo-jumbo in the budget and there is hardly anything for middle class as such. Things look far better now than they were in the past and good thing is Government not trying to tinker things, that are working fine, just for the sake for some "Budget-drama".  Where does that leave us? If you have been reading our budget blogs , you will appreciate the fact that we always want to give a personal touch to what the take aways from the Budget!                                    Take Away# 1 Fix it if its Broken This is so much in contrary to what the Government has done with the Budget but gives a very important cu
Read more