I know one fund manager in India who supports a team that CRITICIZES his portfolio selection. Yes, I agree it is very tough to make oneself open to a public scrutiny, but he does. It is important to remember that Indian fund managers are far, far more open to scrutiny than Mr. Buffett. WB hides […]

Recently a senior citizen took out Rs. 15L from his mutual funds and invested it in an LIC pension plan. When his son in law asked me…I said…”It does not matter”. The son in law was surprised because I had warned him against EXACTLY THIS TRANSACTION in the previous week. I said “not suitable for […]

Passive Investing – means some independent body creates an index and the fund management team just invests in that index without applying its mind. This means the whole investment process is bereft of human touch. Yes, it can actually be done by the machine – with just some low end operators. When you talk to […]

I wrote this piece exactly 10 years ago..and it is still relevant. It appeared in a couple of websites too…and of course it is a repeat…read on   Why investors lose money in equities?  

Last week I was talking to an Editor of ETNow and realized that there was not much literature on frauds. In general or much of frauds in India. One fraud which we have all seen is the Affinity fraud. In this the company which wants to run away with a lot of money makes people […]

The future for Investing in India is very bright. Really bright. Especially if you are a fund manager or even better if you are the owner of a fund management company. Like Hdfc Ltd, Icici bank, Kotak, IIfl, Abcl…. Lets see why: we are growing at 23% pa and that is great Indians are shifting […]

After spending a few decades dabbling with accounting, Income tax, equity research, law, investing, meeting 100,000 people while talking about money,…I asked myself this question “Should Morality worry you while investing”? I have never been able to answer this question clearly. I will keep visiting this question again and again – so in 2029 I […]