Is it all right to compare mutual funds based on performance? Fair question? Or unfair? Let us say we compare Hdfc Prudence fund and Icici Prudential balanced advantage fund. Fair comparison? And what does the past performance tell us? Is that useful? What if Hdfc Prudence had kept 83% in equity and I Pru bal […]

I can claim to be a veteran in the MF industry, but seriously I do not know the internal working of a MF. I know some simple things – they have products (ok these days they like to call it a solution), they have processes, and they need somebody to take it to the end […]

Let us look at the American markets instead of looking at the Indian markets. The American media has as much noise as the Indian market and they have some amazing stories – many wrong. When you read the media stories, you need to have an amazing ability to read between the lines. If you do […]

The Year was 1999 end. A bunch of us had a NSE equity membership. Lucky not to have a WDM, but had a equity membership and we were making decent money. However, we realized that we were running a boutique, and now was the time of the mass players. We knew we could not match […]

Success is not so difficult, but eludes many a businessman. The more ‘educated’ the more difficult to do business…here my summary… Not reviewing finances regularly: Shocked? I know one entrepreneur who does not understand cash flow, marginal costing, fixed costs, ..he just does not. Pretends to understand, deals with investors, banks, etc. but has zero […]

Whenever some kid (or older person) asks me for advice on ‘career options’ or even on ‘investment options’ I ask them to write about what they want their career to do or their investment to do. It is not easy to write, while it is easy to ramble on what they want. Once they start […]

I had done this post on Moneycontrol long back… Immaterial of whether you are in your 20′s or in your 50′s – and want to explain it to your children – or you are looking at an investment you should know some of the basics of investing, so here it is. What is an investment, […]