Here is a story..obviously from the great Hindu Mahasamudram. It is an obvious cut paste (which means it is NOT original), but the learning is more materialistic. Obviously at the philosophical level it is the Gandhian philosophy – there is enough for every man’s need, not for every man’s greed. Or you could take it […]
Have you ever wondered why people close to you – brother, sister, in laws, friends, cousins, colleagues, do not seek advice BEFORE they buy a financial product? It is my job to wonder why, so I do. Most of the people who consider me their financial adviser (or at least think I know more than […]
There are some loose cannon balls out there at the regulators place who are hell bent on letting blood flow… The mutual fund industry in India was anyway a top 8 cities, institutional phenomena. However the retail portion was serviced by a huge army of advisers and employees of AMCs. You should meet the Indian […]
Recently an article of mine was published in rediff.com. As expected it was about starting early and investing small amounts regularly. What is amazing is the kind of responses that I get when I say something like this – in a class or in writing. Most people who can invest will not. They will keep […]
Recently 2 Nris asked me this often asked question. I remember Srikant doing a story on Moneycontrol sometime back regarding the same. I come from a school of thought that ‘whatever happens in my life is because of me’. However this was before I saw some managers handling some gullible people’s portfolios. Both these are […]
A few years ago I was in a small city of India and was at a party. The table where I was sitting were three men discussing something which I could not understand at all. ‘I moved from a 1:7 to 1:3’ said the first person. Oh that is really good “I am not happy […]
Finding an unbiased reporter or a reporter with an open mind is almost impossible. Of course the kids who have recently joined are not so bad…but the elders in the profession are either already in politics or are clearly biased towards one side or the other.. To get them to be brave is really tough..and […]