Prof. Kavi Arya (son of world famous photographer Jitendra Arya) teaches at Mumbai IIT and runs a very nice program. He gets kids in Second Year Engineering to write an exam..and after a lot of elimination selects 36 of them to work on embedded technologies. So all these kids work on robots, drones, …..and have […]
There is one person who is rarely quoted in Financial Circles. He is George Bernard Shaw. He said “Whenever I go to my tailor, he measures me up”. I wish all of us would do it! Once we decide on a particular thing we do not let new facts change our minds. We carry prejudices […]
I was a little sceptical to do a session on a working Monday. However, namma Bangalore was kind enough to oblige me with a full house – and about 70 people came to attend the session titled ‘Goal Based Investing’. Fairly obviously I covered Goal based investing – and I always run out of time […]
This is not very easy to answer, but let me try to answer this….. An agent makes much more money in selling you an endowment plan – and promising you tax free returns than in selling you a pension plan. However, all the commission is made in the accumulation phase. When an agent recommends an […]
I was fast walking with a guy who is married to a girl I know. So in a sense I know the boy too, but I know the 31 year old girl for the past 10 years and I know the boy for about 4/5 years. That’s the background. When we went a little uphill, […]
No, this is not a post…just a FB type of a comment. When a public issue of L&T Finance was announced many of the employees of the L&T group called me. Many of them were thrilled that they would be getting some ‘fixed quota’. I am not sure if I could have got some shares […]
It is customary to say that a fund with a lower fee will perform better than a fund with a higher fee. People forget on very important thing here – there is a fundamental assumption that the skill sets in the fund management schemes being compared are THE SAME, and all other things are similar. […]