When a fund performs well, investors perform well – fair assumption? Well no. When a fund tells you about its fantastic track record over 20 years, what they are telling you is the time-weighted return. Of course it is true. However (other than clients who have died) investors do not behave in that manner. They […]

This is completely my view. Pardon me if nobody else thinks like this. Does not matter, just my views. It is a difficult read, so be patient. If you are a MF investor only (and not interested in picking stocks or market timing, you should happily skip this). In 2016 the Central Banks all over […]

Every place I go to I am asked this question: “With forthcoming elections should we invest now or wait for 2019 election results”. Not only doctors, but common investors (I do IAP too), IFA – almost all of them ask me this question. I reply as follows: When you and your wife want to buy […]

The doctors whom I meet are hesitant to ask questions about money. However some of them feel that the questions that they ask are stupid -because nobody else is asking them. So much so that a book is in the offing….let me enumerate the questions and the answers that I gave: We are 49 in […]

Remember Steve Jobs speech when he says that Connecting the dots can happen only in retrospect? Wow seemed such an insight, and so damn true. I started life as a CA. Living in a Gujju area gave me the advantage of thinking like one – I never applied for a job. Ever. I came close […]

what about some gifting idea for the new Year? what about gifting yourself or a person you love …with a book on Goal based Investing… here is the book review   Book Review – You Can Be Rich Too : With Goal Based Investing – P V Subramanyam & M Pattabiraman and here it the […]