Continuing my Art of giving, I decided to look into our mythology to find some interesting stories. The first story that I was reminded of was a story of Duryodhana, Karna and Lord Krishna. Duryodhana was a big hearted guy and did a lot of charity. However, he was a little upset that only Karna […]
I could have easily adopted the text book method of defining wealth – and there are many available. Instead let us look at mindsets. It starts from the basic question of “Why do we borrow?” Most of us will today not need to borrow to buy a VCD or a television (did you note we […]
I met a person over lunch on Saturday. He works miracles. He is a part of a movement called akshayapatra. They do have a website and is http://www.akshayapatra.org. The amazing things this organisation does is actually very simple – they feed upwards of 8.5 million children EVERYDAY. Come to think of this. 8.5 million children […]
It is now fashionable for people in the media to write about SIP. I remember in 1998-9 when some of us went around talking about SIP people would look at us in disbelief. Suraj Kaeley who was then with Templeton would go around meeting investors and talking about SIP. We would call him “SIP Suraj”. […]
I do a lot of training and little of teaching. Normally i refrain from sharing their answer sheets. However, some were just too hilarious. The answer for a question “What are the common mistakes a person does while planning his retirement” was SPENDING TOO MUCH MONEY AT SPOUSE’S WEDDING!! – actually it comes from the […]
The best thing that life insurance business has done in India is it has eliminated mis-selling in mutual funds! How is this possible? Simple the rewards for mis-selling in life insurance plans is far, far greater than mis-selling in mutual funds, so many of the players have shifted games. That brings us to the question […]
To win the elections, we will go to any length. Since we do not have anybody auditing our books, we will cook, lie and cheat, so is the Congress slogan. To help Chidambaram say he has controlled the “inflation” at 4% per annum he holds the price of petrol and diesel at $ 50 a […]