Why should you know Nagnath’s view on the market? When the whole world was pessimistic about India he predicted huge cash inflows. I may not be too wrong if I say that he predicted the bull run in 2002, not in 2008! He always has a balanced view and gives excellent quotes and views to […]
There is an earlier post on “why people lose money in equities” so I called this post “why….” continued that is all. Many readers, blog writers, editors, like this title. Also many people who lose money in equities think they are unique. Here is a clarification. In all my experience, I can easily tabulate the […]
For most small investors the guys who come on TV with a slick suit are “more knowledgeable” than the guy in a dhoti. That is because as Indians we like “phoren” rather than Indian. So is our quest for knowledge. Those people who have been long enough in the market know that one man who […]
I attended the India Equity show at Worli Mumbai and heard the following quotes. S Nagnath said “The Golden Rule of investing is that the man who has the gold makes the rules” Sundaram E A (ex hdfc mutual fund) said “It is difficult to teach a man something, if his livelihood depends on not […]
Here is a fine book on personal financial planning! it is called the “Richest Man of Babylon” and was suggested to me by the owner of a cute book shop named twistntales – based in Aundh, Pune. Here is a book review of the same -hopefully it will inspire you to buy the same, and […]
As a financial planner I do spend a lot of time with 16 year olds working in call centers, media companies, banks and so on. When I am with them and discussing their problems, the one question that often comes to my mind is, “If these guys cannot make their monthly salary stretch one month, […]
I just met a 63 year old woman who had lost her parent. She had no clue about either the municipal formalities, banking formalities, or anything else of her late father. She was not a dumb woman. She had a PhD in philosophy, but had given up all that long, long ago for taking care […]