When almost everyone wants to buy certain stocks in the markets, it is obvious that the rest of the spaces tend to become more value and if you are seeking value, then you become a contra investor. says Prashant Jain, ED & CIO, HDFC AMC. Excerpts from an interview with Nikunj Dalmia of ETNOW. It is often said in the market that investing is very easy, it is common sense and a little bit of patience. So if investing is so simple. how come you do not have too many billionaires on the street? How come there is only one Prashant Jain?I think I am not the only one, there are quite a few who have done very well in the markets, may not be in a mutual fund format for 25 years but there are quite a few of them. But yes, equities are a very simple asset class but as it is said, what is simple is not always easy. I think to do well in equities we need right understanding which can be very easy for some and can be very challenging for others. Apart from right understanding we need lots of … [Read more...] about Why playing contra means value investing for Prashant Jain
Career growth for business analyst
A few years into my career at JPMorgan, I found myself in uncharted territory. advertisement advertisement I was scrambling to keep up with the advancements in AI, but the Heads of Trading were looking to me for insights about the impact of the new technology on their operations. Meanwhile, I was chairing a committee of 15 senior executives and navigating relationships with other Wall Street firms, where tens of millions of client dollars were at stake. I remember thinking, “I could really use some guidance.” Earlier in my career, I had received that guidance. As a new hire, I’d experienced a comprehensive eight-week training program, complete with executive Q&As, communication coaching, and connections with colleagues from around the world. But a few years later, when I could have benefited from additional support, I was on my own. I was confused why there wasn’t any training for employees until they reached senior management— … [Read more...] about If an MBA is no longer worth it, what is?
The concept of Artificial Intelligence (AI) technology, sometimes called machine intelligence, is the kind of intelligence demonstrated by machines, in contrast to the natural intelligence displayed by humans and animals. AI technology is the simulation of human intelligence processes by machines, especially computer systems such as speech recognition and machine vision. It is an area of computer science that emphasises the creation of intelligent machines such as robots that work and react like humans, as well as perform chores done by humans. However, a number of Nigerians are not sure of what it is, how it works, and how it will affect their daily activities. Mr Sampson Awele, an Information Communication Technology (ICT) expert, says whenever AI is mentioned, many people tend to imagine science fiction stories about robots taking the jobs and ruling the world. According to him, it is time Nigeria keys into the system and focus on its potential benefits and how it will help … [Read more...] about Artificial Intelligence technology: Is Nigeria ready?