Kowshik Sriman from SAP

[carbuncle]

Senior executive Kowshik
Sriman, on balancing saving
and enjoying life
True independence
'To me, education is an
investment. So is travel, as you
are able to spend quality time
with the family. There are a lot
of people with the money but
not the time. If you are able to
make time for yourself, then you
are truly independent.'
On education and travel
Sound decisions
'If you are able to understand
the herd instinct and control
your own emotions, you can
make sound investment decisions
in uncertain times and take a
back seat during the bull
market.'
On investing wisely
WORST AND BEST BETS
Q: What is your worst
investment to date?
I made speculative investment in
Malaysian Clob shares after
starting work in the early 1990s
and having saved a sum after
three years.
I lost all $50k of my investment,
which was painful for someone
who had just started working.
It taught me a valuable lesson -
never follow the herd instinct.
The majority may not be right
when it comes to investment
choices.
Because of that, I shied away
from equity investments. Until
now, I don't want to hold too
many equities.
Q: And your best?
It's my townhouse in Watten
Estate as its value has gone up
three times.
We bought it in 2002 for $1.2
million and now it is worth about
$3.5 million. At $1.2 million, I
would be getting a 7 per cent
rental yield.
Source: The Straits Times ©
Singapore Press Holdings Ltd.

[carbuncle]

Lots we can learn from... Esp the part on taking backseat during bull run. Which is now....

[DC33_2008]

Investors are ones that able to detach emotion from investment objectives.

[land118]

Don't quite know why some people like to flaunt their wealth in public...:beats-me-man:

[price]

Don't quite know why some people like to flaunt their wealth in public...:beats-me-man:
These people were approached to be interviewed. They aint flaunting their wealth if thats how u look at it. More of sharing their insights on the Sunday Times Investment section. Whats wrong with that? In that case, successful businessman and investors who writes books etc. are flaunting their wealth as well? Dont sour grape :tongue3:

[carbuncle]

Investors are ones that able to detach emotion from investment objectives.
Ya. When he mentioned "sentimental reasons" in the full report, I -1

[smallant]

Sigh.. Now I understand how these people think .. Got a Indian buyer come to view my place. Was told by agent this one rich Indian ie VP of some Nasdaq listed company, see the place twice, measure here & there etc ! Seems very ibterested but then he bid me a price 20% below last done 1 mth ago.. :mad: :tongue3: Reasons bring I bt low !! Wat crap !! So told the agt off & will not consider any more offers from them. I rather rent out then..
Cheapskate looking for distress sellers ... :-(

[land118]

These people were approached to be interviewed. They aint flaunting their wealth if thats how u look at it. More of sharing their insights on the Sunday Times Investment section. Whats wrong with that? In that case, successful businessman and investors who writes books etc. are flaunting their wealth as well? Dont sour grape :tongue3:
Why should be sour grapes....., perhaps in the coming weeks Sunday Times might feature u...

[rattydrama]

Sigh.. Now I understand how these people think .. Got a Indian buyer come to view my place. Was told by agent this one rich Indian ie VP of some Nasdaq listed company, see the place twice, measure here & there etc ! Seems very ibterested but then he bid me a price 20% below last done 1 mth ago.. :mad: :tongue3: Reasons bring I bt low !! Wat crap !! So told the agt off & will not consider any more offers from them. I rather rent out then..
Cheapskate looking for distress sellers ... :-(

he can try many times and what he need is just need 1 chance for the seller to give in

[hyenergix]

Sigh.. Now I understand how these people think .. Got a Indian buyer come to view my place. Was told by agent this one rich Indian ie VP of some Nasdaq listed company, see the place twice, measure here & there etc ! Seems very ibterested but then he bid me a price 20% below last done 1 mth ago.. :mad: :tongue3: Reasons bring I bt low !! Wat crap !! So told the agt off & will not consider any more offers from them. I rather rent out then..
Cheapskate looking for distress sellers ... :-(

You could have looked very distressed on that day.

[sh]

Sigh.. Now I understand how these people think .. Got a Indian buyer come to view my place. Was told by agent this one rich Indian ie VP of some Nasdaq listed company, see the place twice, measure here & there etc ! Seems very ibterested but then he bid me a price 20% below last done 1 mth ago.. :mad: :tongue3: Reasons bring I bt low !! Wat crap !! So told the agt off & will not consider any more offers from them. I rather rent out then..
Cheapskate looking for distress sellers ... :-(

Must have taken advice from Mr B. Did he fling cheque in front of you?:D

[focus]

These people were approached to be interviewed. They aint flaunting their wealth if thats how u look at it. More of sharing their insights on the Sunday Times Investment section. Whats wrong with that? In that case, successful businessman and investors who writes books etc. are flaunting their wealth as well? Dont sour grape :tongue3:

Actually, i think you can liase with the journalist and see whether she is interested in covering your story. It is not about being approached most times.

[price]

Actually, i think you can liase with the journalist and see whether she is interested in covering your story. It is not about being approached most times.
MY story? I'm an ordinary man.