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 [...]
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 [...]
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 [...]
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 [...]
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 [...]