Over 4 decades of investing some things have not changed – those are the principles and my needs for investing. Of course many of my principles are brazenly got from Graham and his ilk like Fisher, and less from Buffett. Munger to me is a greater hero than Buffett, but I am digressing. For me […]

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I recently met a bunch of IFA who do business in a medium size town. NONE (repeat NONE) OF them believed that a rich person needed any personal finance advice. I am sure that this arose from not even knowing what all work that an IFA has to do. Let us look at some of […]

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When you start your own business, you will surely need capital. I am not talking about Rs. 200,000 or Rs. 25,00,000. It does not matter – depends on your business. So it is fairly obvious that you will turn to your friends, and relatives. So how should you go about doing this? Here…. Talk to […]

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You are a hard working mutual fund employee. That means you sit in the branch and have targets to meet. You have been in this fund house for the past 3 years and look after operations. In walks a 67 year old man who wants to invest Rs. 10L for a period of 2 years. […]

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Not all businessmen know what to do with their business, so they linger on in the business. Almost no first generation businessman has time to develop any hobby or even create a social circle outside his business. Of course many people in service are also like that, but for them there is “compulsory retirement” at […]

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The Millennial Entrepreneur needs financial advice, but not the way the IFA is currently dishing it out for him. Many of them are seriously going to outlive their retirement corpus, but there may be other solutions. Here… Pay for all your goals too! – “Pay your self first” is an old concept that I have […]

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When a person is successful you are not liked. Not liked by a lot of people – and so they will come up with the most amazing statements. Like “Why did Mukesh Ambani spend so much on his children’s wedding” or “Do you know that Sachin did not pay any duty on the car gifted […]

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