There are many stories that I have posted over the past 3 years. Alexander the Great…lessons The Yale Goal setting experiment The California story of the death of a scuba driver in a forest fire Arthur Ashe’s attitude Frankly I have not done enough research to see whether these stories are true or false. Neither […]
Yesterday a few people were screaming on Times Now….volume was down – I was watching cricket – so just saw a glimpse. I recognised Kiran Bedi..none of the others. It looks like Indians are losing patience with the government – and the government is not bothered. Be it the arrogance of Kapi Sibal, Pranab Mukherjee, […]
In all public forum nowadays (and even earlier) there is a tendency to blame the distributor. Let us see a typical debt market presentation: Fund manager: Hello, today we are going to talk about debt funds ‘Debt funds have done extremely well over the past few years….’ Journalist: Why is there no retail participation? FM: […]
Doctors can create wealth. A lot of wealth. However, it may or may not happen from their earnings alone. Earnings make you Rich. The journey from being Rich (earning well) to being Wealthy (having various sources of income) is not easy. Not to say it is difficult. However it requires effort. It can happen only […]
Here is a cut paste from the SEBI circular of what happened at their meet today: In order to help Mutual Funds penetrate into retail segment in smaller towns, the distributor would be allowed to charge Rs. 100 as transaction charge per subscription. No charge can be made for investments below Rs. 10,000. An additional […]
Let me start with the caveats. I am a shareholder of L&T, and have been a shareholder for a very long period. I did my articles in Sharp and Tannan, which means I have done the audit of L&T. It was a great audit to be in – you got good food, good work, lot […]
The current generation is earning very well – remember most of what people considered as ‘luxuries’ in the 1960s, 1970s, etc. are today considered as a necessity. Also if you consider that in the 1970s when salaries were much lower, and taxation were much, much higher white goods were about 2-3 MONTHS income even for […]