Happened to watch Star Vijay Tv at about 6am today. One ad was for real estate – and one of the ‘idiots’ of 3 idiots was selling real estate. Did not pay much attention, but thought to myself ‘why the …..should these guys sell products that they do not understand’. Then i reconciled myself saying […]
Will the market recover? When, not whether is the question. If my students do not ask “When will the market touch 21000 again?”, I ask them the same question. The most optimistic answer I have got is 6 months and the most pessimistic answer I have got is 2 years. Very clearly short term […]
the media is a fantastic predictor of what the future will look like…neither are they able to predict tomorrow’s index, nor oil prices, nor interest rates. however after an event happens, they still continue to look, talk and feel intelligent…and without an apology. if you think I am talking about Cnbc, well the others are […]
Post Inflation (which is saying Real returns) in the US market was a NEGATIVE 3.4% P.A. from the period 2000-9. Is this the first time that it is happened? No. 3rd time since 1820…. Moral of the story? when you meet an adviser ask him…NOW WHAT……you told me 1 year is long term…even in 10 […]
Yesterday I was hearing the story of a man who supported his 5 sisters (one of them widowed) almost all his life. Typical government employee he had an irresponsible father who had 8 children. The son qualified as an engineer and joined government service. Then it was up to him to support his father through […]
Are we in a slowdown or in a recession? Well, nobody has an answer to this question. When we see the media hysteria we keep wondering how ‘shriller’ can the voices become? If you are in the middle portion of your life and surrounded by EMIs for your house, children’s education, car payments the […]
The role of a regulator is more like a traffic policeman rather than like an investigative policeman. The traffic police makes rules: – only persons above 18 should drive – a 2 wheeler rider and his pillion should wear a helmet – signals mean……. – license application, format, test, etc. We have had a regulator […]