The number of people who advise investors to invest in Index funds is now increasing. Of course many of them are victims of the Great American media program. As long as Prashant Jain, Naren Sankaran, Nagnath, Sukumar are managing funds for me for a 2% fee why should I ‘index’ my portfolio? There are many […]
When the life insurance industry started in 2001-2 you could see their executives all over the place. All the insurance companies had an office in every state. Training was never the same. This took me to Bhubaneshwar, Jamshedpur, Kanpur, Jaipur, and many other smaller, much smaller towns. They all behaved like they will grow …and suddenly […]
Doctors normally start their practice and the money starts coming in – first in trickles and then as a flood. Over enthusiastic accountants and ignorant doctors are a dangerous combination – they keep the doctor’s income low so that lesser tax can be paid. Suddenly if the doctor wants to set up a bigger practice, […]
Did you know the golden rule of investing? The Man with the Gold makes the Rules. So if I am the owner of a company I will not allow my employee to risk my money on trades which HE does not understand. Fair enough? Well that is the principle of the Volcker Rule. If the […]
Though I do not claim to help in reducing investor ignorance or awakening the investor…somewhere I guess it must be happening. Other blog writers like Ranjan Verma, Deepak Shenoy, and Manish Chauhan are all people with whom I have had conversations from time to time, and frankly there seems to be no ‘business model’ in […]
Since people visiting this website / blog do not get any benefit, I have decided to run an astrology column from today: Here is something about you: You are a hardworking person. Reasonably good looking you go out of your way to help your friends who get into trouble. Your job is interesting most of […]
The advantage of running a blog and doing some training is you meet people of various types, shapes and sizes. I meet people who have made immense amount of money in equity markets (upwards of Rs. 20 crores), people who are die-hard market timers (some have done well so somewhat debunking the theory that no […]