IN the last 3 weeks many people have asked me for my view on Robert Kiyosaki’s concepts. Surely there is a lot of merit in what he says, but there are many limitations too. Let me see: 1. He underestimates risk, and dramatically underestimates risk. 2. He takes one theory of investing in real estate [...]
2 new teams have been inducted into the IPL. This means suddenly all the other owners know the ‘valuation’ of their franchisees. Now at a valuation in excess of Rs. 1000 crores for each one of them, they surely will be excited. Now the role of IPL in the equity markets is already felt – [...]
A friend says it would be great if you could choose where to be born and as what. If you were born in 1900 you should have been born in England. If you were to be born in 1950 you should have been born in US. If you were born in 2000 you would be [...]
I have not been able to answer this question for myself – forget answering this question for others. There are 2 big company CEOs who constantly have their portfolios reviewed by me – the equity portion of it. One of them is in financial services. There are 3 fund managers who talk to me at [...]
There are some changes happening in the life insurance industry! Some leadership positions are changing hands. The coming in of a new Managing Director in Hdfc Standard Life Insurance has had its impact perhaps…or it is just the old favorite Hdfc Bank pushing its sales force and getting some rocking numbers for Feb and March? [...]
Many people known to me have read Robert Kiyosaki – largely the concept of Mr. North and Mr. South – famously known as Rich Dad, Poor Dad concept. There are many things that Kiyosaki says – let us take 2 of them today: 1. No money is made from real estate, equities, commodities….it is made [...]