A small investment boutique has hired a banker for 3 crore sign-on bonus.
"You don't need to be a rocket scientist. Investing is not a game where the guy with the 160 IQ beat the guy with a 130 IQ. Rationality is essential"- Warren Buffett
Joined: 07/Sep/2006
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Posted: 28/May/2007 at 4:58pm
Well Basantji...even my friends from my batch.....just 2 years out of the campus...have got annual bonuses in the range of 35 lakhs-60 lakhs.....with DSP ML...Citigroup and Stan C.......rising markets and deluge of IPO's ..perfect recipe for moneymaking
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Posted: 28/May/2007 at 5:24pm
Array Monu ji aap kaha whisper ultra me fas gaye phir?Investment Banking is a very high paying but cyclical business but if you can make your few crores while the going is good then who bothers about anything else.
'The Thoughtful Investor: A Journey to Financial Freedom Through Stock Market Investing' - A Book on Equity Investing especially for Indian Investors. Book your copy now: www.thethoughtfulinvestor.in
At the DLF press conference on Tuesday to announce its IPO,many were curious to know why one leading investment bank- who has one of the strongest sub-brokers networks in the country-was not part of the book running syndicate.This i-bank was among the book runners the first time DLF had filed its DHP with SEBI.It is all the more surprising bcoz this i-bank has been associated with most of the real estate IPOs that have hit the market..Grapevine is that DLF promoters were not too pleased with this i-bank's proximity to a leading corporate.More so bcoz of the buzz that this leading corporate was instrumental in delaying the DLF IPO.
I think they are talking about Enam but who is this leading corporate..Enam have a strong relationship with Anil Ambani.No wonder they have put a SELL on Unitech in their recently released strategy!
"You don't need to be a rocket scientist. Investing is not a game where the guy with the 160 IQ beat the guy with a 130 IQ. Rationality is essential"- Warren Buffett
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Posted: 29/May/2007 at 10:42am
ENAM is also close to the bigger AMbani!!! Great post Devesh!
'The Thoughtful Investor: A Journey to Financial Freedom Through Stock Market Investing' - A Book on Equity Investing especially for Indian Investors. Book your copy now: www.thethoughtfulinvestor.in
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