Learnings for us from the kingfisher story

The recent major issues that KFA is having has good insights for us as investors in the market.

While I hope that KFA comes out of this issue ( it's ny favorite airline) , it seems very unlikely that Mallya and team will continue at the helm if things do work out.

It has been an issue of management and cost prudence for KFA.

Here is how I would like to learn from this experience ( comments are more than welcome)

1. Live within your means. Ensure that debt is not very high.

2. Get returns which make sense . Every flight that KFA runs is loss making. then how will there be profit? Some investments can be loss making , but most should be profitable.

Lesson on where to invest , risky bs less risky investments and ensuring capital is protected. Evaluate real returns which is post inflation returns.

3. Take charge of your finances else someone else will. KFA owes so much of money to people - soon they may take ownership of the company!!

Learn from things happening around you- put it into action in your personal life.

That's simplefinancialsense