Audio The intelligent investor?
The kind of investments one makes tells a lot about the risks one is willing to take. But do they also suggest something about the companies these individuals run?
At the Reuters India Investment Summit, two of Indias top IT executives shared how they would invest a $50 million bounty.
Suresh Senapaty, CFO of Wipro, would not hesitate putting the money to work in stocks of decently managed? companies. But he shies from short-term punting.
On the flip side, Infosys CEO S. Gopalakrishnan prefers the safety that mutual funds and bonds offer. I dont dabble in the stock market and things like that,? he said.
But a significant portion of his investments is still in Infosys, a company he helped set up.
Gopalakrishnan and Senapaty were featured guests on the final day of the summit, held in Mumbai and Bangalore, India.
To hear Senapatys comment, click on wipro_investment.mp3
To hear Gopalakrishnans comment, click on infosys_investment.mp3