the flow just continues… A friend called me to say he is buying a new life insurance policy. Luckily he called me before he signed the cheque. I asked him why did he have to buy a policy – his son and daughter have just completed good top class education and are in nice jobs. […]
What is the return on investment in a poor feeding charity program? Can we put it in Rupees and paisa or do we look at the soft side too? What about – a kid saying “I can feel my skin”, “I do not have to beg for food” “I now feel like studying” etc. are […]
In falling markets the reason people are not able to sell is because of a disease known as “Anchoring”. It is necessary to note that the price as of today is a reality. If you get stuck to some old price which is in your head, you will end up not selling fast enough. Think […]
Which is a good product to take? Mutual fund + term insurance or unit linked insurance plans? Well it depends on the knowledge level of the buyer, and the smartness of the salesman (in India calling people who sell also financial planner is a regrettable fashion statement). Well, let us take a case of you […]
Does Citi have a capital crisis? Some analysts think Citigroup needs to take strong medicine – like a dividend cut – or risk further stock erosion. Fortune’s Peter Eavis looks at the books. By Peter Eavis, Fortune senior writer November 7 2007: 2:16 PM EST http://money.cnn.com/2007/11/07/magazines/fortune/eavis_citicapital.fortune/index.htm do read this article, if you are in doubt! […]
If you have read Investment Fables by Damodaran, you realise how for every situation (as it exists) a story is created. For e.g we have heard the following – have we not? Most of the world’s major oil deposits have already been discovered. China and India are consuming far too much of energy – far […]
Ben Bernanke, Alan Greenspan, P Chidambaram – all three are men with above average intelligence, and reasonably competent in their jobs. However, one thing common to all 3 of them is all of them are trying to play with the rules of economics. They do not let market forces play to the fullest extent. Alan […]