Archive for April, 2011

Easier, More expensive solution is perhaps wrong….

Two hobbies of mine are running (long distance like the 10k and the half marathon) and cycling. Now long distance running and cycling are both endurance testing rather than speed and strength testing. However, I need to increase my speed – so that I can finish in decent time if I enter a competitive race. [...]

Mis-selling in life insurance? do not lose hope…

One major problem with most of the people buying life insurance is ‘not knowing what they are buying’. Now a buyer should at least know what is he buying, should he not? The whole purpose seems to be to create some confusing products and make sure that the beneficiary is either the manufacturer or the [...]

Narendra Modi…

Just like my post on Sathya Sai Baba here is a post on Narendra Modi. Not a great fan of his role in the riots, but a big fan of his administrative capabilities. Have interacted with enough of the bureaucrats of Guj to know that he has done a great job. I have no clue [...]

How to beat the index? It is simple!

It is funny how many people want to get returns far (the operating word is far) greater than the index! Over a 54 year period my father has got a return greater than 14% p.a. in Hindalco. This is not good, it is great. The two important things are ‘r’ the rate of return and [...]

MCA circular: attention Professionals!

I know many Chartered Accountants, Cost Accountants and Company Secretaries do visit this blog…I am also sure that they keep themselves abreast of MCA notifications… Here is a notification that is putting a lot of responsibility on practising accountants and secretaries….well if you want to get paid well, learn to accept responsibility also…read on..Circular_MCA_14-2011_12apr2011 Post [...]

Retire Rich Invest Rs. 40 a day…

One reader has asked ‘How will I benefit by reading your book’. An honest answer is ‘I do not know’. This is because in life there are 3 important things in behavior change. First is knowing what is good for you (Learning – Saraswati), then finding a guru – means a person whom you respect, [...]