Markets – equity or otherwise – exist because prices can go up or go down. How would it be if markets could never go down? People will pay an infinite PE – there is no risk of loss= and hold permanently for the rest of their lives. Like PPF. Since there is no default risk […]

Let us go back to 1999. A fund manager – let us call him – Amit Sitaraman – was a successful guy who got you 3.8% alpha. The media ate out of his hand and he pooh pooed the index funds. He was not really competent, he was guessing, and his company did not have […]

Recently a friend lost his father. The father did not live a luxurious life, but we all knew he had money. Maybe he wanted to leave it for his children. He did exactly that – Rs. 9 crores. This is not the first story that I have heard, nor is it the last. He has […]

We in the BFSI space have made it look good to call yourself an Investor and crass and crude if you claim to be a trader. So even people who trade about 40% of their portfolio regularly will not admit to being a trader. They are more likely to tell you that “I am an […]

Misconceptions of Early retirement https://edelweissfintalk.podbean.com/e/edelweiss-fintalk-episode-22-roadmap-for-millennial-to-retire-early/ Post Footer automatically generated by Add Post Footer Plugin for wordpress.

Many people ask a simple question : “I am a retired person, I want returns of about 10% on my corpus, but I do not want to take ANY risk whatsoever”. In a country where the most successful banks pay about 8% p.a. to a senior citizen, why do you think you DESERVE to get […]

Dear Smart People, I know you read my tag saying ‘We make Smart People Richer’. Sure I do. A person who has read all my 5983 posts, understood them, and implemented them surely has saved/ earned more to justify all the effort. So here is the disclaimer. Every finance professional (oops, ok, any professional) whom […]