There are many kids of today whose parents still believe: – PSU jobs are safe and the best -dealing with a government agency is good, because they will not cheat you Sure Psu jobs are the best -ask the retiree from Air India who has not been paid his dues…for the past few years. So […]
It is not that the retail investor cannot invest on his own, it is just I think the odds are terribly against them. Let us look at some of the foolish statements that I hear from time to time: 1. I do not make losses in the market: A wife told me that this […]
A few days back I wrote a piece on ‘Young, Glamorous, Riskless and Broke’. This was about the kids born in the 1980s. Let us take a kid born in 1987 – would have graduated in 2007-8 and finished his/her MBA in 2009. This was not a great season to graduate, but would have found […]
this was written in 2007-8 and appeared in an abridged form in moneycontrol …. Hello, Congrats on the nice job you have got! With a degree from an Ivy League school this was a nice job to land. I know you have majored in Finance and are hoping to make money by the tons. […]
When Tata Motors launched Indica, I was skeptical, sold the share and bought it back at 25% of the price at which I sold. Just luck I guess, but I will live with that. A brilliant observer of the auto market Adil (of Car and Bike fame!) told me “I told T Motors they should […]
So sad we do not have a Dalbar (an US based research firm that compares returns of stock and bond markets with those of individual investors) research on Indian investor returns! Just released in the US it has 2 startling facts: Over the last 20 year period the Standard& Poor Index returned an annualized gain […]