The mutual fund industry is going through a lot of crisis. New money is not coming in, people from other industries are not too keen to join the industry, aum is falling. Of the new money that is coming, it is clear that the older and bigger funds are doing well, but the smaller ones […]
I can choose the headline first and then fit the story! Confirmatory bias we call it. If i decide to do the following stories, I can : 1. Sell Infrastructure funds, they have underperformed 2. Buy Infrastructure funds, they have underperformed, but now they will start performing 3. We need infrastructure so buy infra stocks […]
This is an Amazing post because of some amazing stories…the last one is REAL.. One rich man had sent his servant to Dadar (let us say?) to run some errand. The servant saw the Goddess of Death – and came back running to his boss’s house at Ghatkopar. The rich man saw the Goddess of […]
Watch, listen, and learn. You cannot know it all yourself. Anyone who thinks that they do, is destined for mediocrity. Donald John Trump. Obviously Donald Trump has said this with respect to life. This is amazingly true for markets. Ken Fisher calls it the TGH – the great humiliator. The minute you think you understand […]
No this is not an article of whether you should buy life insurance from a bank or from an agent…it is just leading to an article on MoneyLife. Agents tell me ‘we cannot sell a wrong product to the customer, because we have to go to the same guy again and again, but bank managers […]
Most people coming to this blog are born post 1985!! That is really young – when I say most I mean it is over 52% of the visitors. So while most of you know your history well you may not find such a nice article on the relationship between the terrorist state of Pakistan and […]
Will the US default? Well it makes no sense for the US to default…it has enough money to pay. The President knows they should not default, so let us hope that they do not. However if you are tracking the US economy there is a huge…3 digits billion dollar default happening or about to happen […]