For most readers of my blog this is an avoidable post. My simple, sincere, honest advice is stay away from options. However there are some die hard borrowers (leverage lovers) for whom options are tempting…and many times fatal. Options are risky is a right statement for investors. However if you are a trader who holds […]
This is not the first time that I am doing a post saying ‘why people lose money in equities’ – nor will it be the last! Of course there are many reasons, here is an attempt to find some of them: 1. Over-Confidence: It is quite shocking to see how people over estimate their ability […]
Hey Doctor Get Rich…was the original title of a book that I was writing for doctors. However ‘getting rich’ is normally not a good ‘professional goal’. For most doctors, lawyers, chartered accountants, even actors, – though money making is important, it is not all encompassing. For example a doctor working in the slums of an […]
I was wondering whether the title should have a ‘?’ after the word status, then decided against it ! Any other country in the world with the same statistics as USA would have been down graded..a few notches. However all the credit rating companies (you have to smirk when you talk about them) are based […]
Many companies are becoming like the film industry. Too much of the people costs are towards the ‘star’ – which leaves very little budget for other costs. Take a movie like Paa. It could NEVER have made money if Amitabh and Abhishek were to be paid market rates. However since it was a family made […]
“My favorite grandson passed away……” read my sms – my neighbor of 40 years was sending it to me on Jhanmashtami. Hey Krishna what is this..was the only thing I could ask the Lord…this cannot be a birthday cruelty God..then I realised why I was at a loss of words. Orphan, Widow, Widower,…are all words […]
Who pays the highest amount of tax in the country? Mr. Ambani? or Mr. Narayanamurthy? Well neither. Let us see the life history of a typical government or a bank employee. They join for service after a competitive exam – after that they are happy to hold on to that job for life. They earn […]