Many Chartered Accountants and kids who have done MBA with specialisation in finance believe that they need only number crunching skills. Number crunching skills are necessary and impossible to live without, but they also need some other skills: 1. Improve your general knowledge: Life is far more than just finance. You need to understand some […]
Of course the BFSI space is booming and there are all types of stories about it. However the mutual fund industry, the life insurance industry and the brokerage industry are not as profitable as the pundits tell us. The profitability of the banking business is visible to all. Even the Psu banks make money – […]
People post 40 or 45 who have lost their jobs in this market are really in bad shape. Most of them 1. need a place to go to where people will call them Sir 2. need a salary on the 1st of the month actually the 2nd is sometimes not as important as keeping up […]
Last week somebody asked me this question. Is RM your share broker….and I really had to think hard. In 1979 I would have said yes. In 2010 it took me to a Bhagvat Geetha lecture that I had heard long, long back. Not sure whether the speaker was from Chinmaya Mission or from the Hare […]
Not sure how many of you saw Vir Sanghvi’s article on how the older generation has failed the younger gen…he went on the say that the games should have been handed over to the private sector. This is a fantastic statement making an assumption that the private sector has no vested interests, and is full […]
I had done this piece for rediff in 2006. It is relevant today also 🙂 read on… The most important animal in the markets is the pig. It gets slaughtered whether the bulls have a party or the bears have a party. That pig is your lay investor. I am not a doomsday specialist or […]
Many people have been asking me this question…’You say all this…but where do you invest?’. Well very clearly I invest only in equities. Other than a small amount in debt (which should be say next 4-5 years household expenses) + some money in PPF and planning to open a Senior Citizen Yojana a/c for my […]