I am doing a series of short “Why Management should be interested in Personal Financial Well-being of their employees – an Introduction to financial planning” seminars in the following locations on the following dates. This is being sponsored by myiris plus – a revolutionary personal finance software. It will be a 2 hour affair – [...]
There is a huge mafia out there pretending to create above market returns for all of us! They go by various names – fund manager, portfolio manager, equity analysts etc. If all of us get better than average returns, will the average itself not have gone up?
So there are a few things you should do [...]
Once upon a time a King was walking through his kingdom and he found a farmer. He asked the farmer what he does for a living. The farmer told him about his crops. Then the King asked him about his earning and saving habits.
The farmer said out of a rupee I earn I consume a [...]
Markets in the country are going through a bad phase for sure. However, it may be an opportunity to buy if you are optimistic.
The main worries are -
1. There is a large sales force today far, far divorced from the end customer! They have no clue how the money is collected, aggregated, and managed. However, [...]
The best example that I have heard as a trainer regarding averages and standard deviation is the following:
If one leg of yours is in the oven, and the other in a freezer, on an average you are comfortable. This is a big learning in statistics – the word average makes no sense if the standard [...]
There are many myths in investment management …let us break some of them:
Buy low and sell high: Such a simple statement to make, and impossible to do in real life. Buy cheap and sell dear. People would like to think this is easy to do, but remember whether a share is high or low is something [...]
Is the bear market over? Are we in a bear market? These are questions that I have to face in every classroom that I enter….so here is my reply.
Frankly, I do not know. But surely the index is a far cry from 21000 index that we had seen earlier this year. Is this the first time [...]
Many of the life insurance policies sold in the past 3 years may not see the “logical end” of the policy as perhaps intended. In the United States of America the endowment plans are called “permanent” policies. A high percentage of existing “permanent” insurance policies will not make it to the finish line.
They will [...]
fuller version of this article of mine appeard in retuers under this heading:
The Meltdown’ What to do?
As a colleague in the office told me, if you want to fail and you are expecting a storm, fail first!
So some of the “early birds” got protection, and then the protection vanished!
The Fed is run like any other [...]
Aig, lehman, Bear sterns, Paulson, Ben Bernanke, Fed, ….if these words have been ringing in your head, and you do not understand what really happened, join me!
There are many like us …so as usual I searched and a friend obliged. So here is the link – please read it:
http://freakonomics.blogs.nytimes.com/2008/09/18/diamond-and-kashyap-on-the-recent-financial-upheavals/?em
I hope you like it. It is [...]