Did you know that Mumbai has as many cycles as it has cars? But of course they do not have the lung power or the media power to be heard. They are invisible – doodh wala, paper wala, grocery store boys, …etc. They somehow have to accept that the motorist is in a hurry – […]
Long ago when a good friend of mine was learning the basics of astrology, his father (and teacher) gave him a horoscope and asked him for his opinion. He said “it is a lousy horoscope” – this guy has no marriage, he will never own a house, he will not amass wealth, ….”. His father […]
Many people have asked me – do you trade? and the answer has always been – ‘kind of’. I am convinced that you can build a kind of permanent portfolio – but you need to be thick skinned, and deaf to all the noise around you. I have been told by many well wishers that […]
Every time a person looks at his / her portfolio there is likely to be some regret: In Dec 2008 you wished you were more into cash and in 2009 you wished you were more into stocks. However one thing is certain – the most disliked asset gives very good returns..depending on how you look […]
One million Dollars used to be considered a safe harbor for most people. Becoming a Millionaire in the US of A, and becoming a ‘Crorepati’ in India were considered to be ‘Rich’. Today if you plan to live in the stupidly overpriced cities of India, you will be living in a house which is worth […]
The Parliament today approved of an authority called FHAB. This authority will have the full authority over the establishment, running, pricing of food joints, junk food manufacturers, how much can be given at one serving, pricing, training, etc. of food and health organisations. Their first action was on the East India Hotels and Indian Hotels […]
If I were to define a millionaire as a dollare millionaire…that would at least make the club a little exclusive. If it is a millionaire – Rs. 1 million – i guess everybody walks into it :). Millionaire today has lost meaning. I guess the Indian equivalent should at least be ‘Crorepati’. Here are some […]