Amazing what the 2003-2007 boom in the markets have done to people! Many people have taken their income from 2001-2007 and are extrapolating that growth over the next 20 years, so some of them are hoping to retire on a salary of Rs. 3 crores a year – at least that is what the excel […]
the title to this post is from The Economist – one of the fine magazines that I make an attempt to read. I normally read it online but a smart lady next to me piles a few copies on her desk, so occasionally I do flick a few issues for a relaxed read. Diversification […]
Let us look at some things which were heralded as a fantastic solution for a problem. Then we will see how these have NOW become problems and not a solution as it should have been. Insurance, Home loan, car loan, educational loan, derivatives, leverage, credit cards, ………….. Look at business Insurance. It is a brilliant […]
Well this is not really about me quitting teaching, but somebody else. However I also quit teaching after teaching for just 20 hours in an MBA school. I vowed that I will NEVER go back to that school. Then I said I will never go back to teaching a full course. A single lecture is […]
This is a zillionth time I am saying this. Let me repeat it. Again and Again. If you have a family dependent on you – parents, wife, children, in-laws, ……..please remember YOU are not invincible. You could die. Sorry I refuse to mince words like a typical life insurance agent. He says ..”in case something […]
Most deserving to get a Bharat Ratna…sadly the political numbers do not add up. Neither as a Syrian Christian or as a son of Gujarat. If there are 10 people in the country who have done so much for the upbringing of the country, one at the very top would be Dr. Kurien. From being […]
To be a successful private banker or a relationship manager requires some qualities. It hardly matters which part of the world you are located. Let us look at some of them: 1. Empathy for the client: Yes it is important to keep the organisation’s interest in mind, however the client’s interest should be on the […]