When you are floating in a few ‘000 crores of money…what do you have to pray to God for?

Good sense. After all it is very easy to earn a lot of Money (Michael Jackson, Tiger Woods, Boris Becker even Vinod Kambli) or inherit a lot lot of money (Ranbaxy, Mafatlal, Ashok Birla)…it does not mean managing money is easy.

Read the story. Read it slowly. Understand how even a few ‘000 crores are not enough if you do not have a good financial adviser…and to think that they had a money management business…

I remember a few years ago a friend about to buy a life insurance policy from Max N Y life….was asked a question by another friend “sardar se financial product khareedega…’ and he switched to Hdfc. Communal barbs apart, parking money with a Delhi company was not something that people were comfortable with….but read this…

https://www.bloomberg.com/news/features/2018-08-16/billionaires-and-the-guru-how-an-indian-family-lost-2-billion?cmpid=socialflow-twitter-business&utm_content=business&utm_medium=social&utm_campaign=socialflow-organic&utm_source=twitter