When S came to meet me in 2009 she had money in the early 2 digit crores…surely more than enough for a 48 year old retiree. I spoke to her, but the glamour of a suave ‘beta’ kind of a Foreign bank was greater…and there she went. That guy told her the following things: – […]
People ask me some very simple questions and expect to get a ‘yes’ or ‘no’ answer. Many a times I give it too. It is just meaningless. Let me tackle with 2 such questions, and I hope you appreciate that the answers are not so simple after all. The first question is “Subra I have […]
a nice read, just 42 pages…you should start reading from page 24…and read very slowly to see if you have made similar mistakes / correct decisions / what could go wrong. Remember what you have read elsewhere too….LEARNING is not about reading, it is about applying. http://www.berkshirehathaway.com/letters/2014ltr.pdf
Let us be fair to Arun Jaitely, it was not an easy job. His boss has clearly said ‘no populist measures’, and AJ himself is not very experienced. On the other hand AJ or Na Mo did not really matter. The people are (were) expecting magic from Na Mo. The people surrounding him would have […]
New Pension Scheme is a government scheme to provide a pension for you. So why should you not invest in it? I do not like the terms and conditions…and the fact that it is EET. I would prefer a PPF or ELSS which is EEE. Forget that…Pattabhiraman Murari has more reasons than what I have […]
All experts tell you that you should be greedy when others are fearful and you should be fearful when others are greedy. Brilliantly said. The question to ask them is “should I be buying or should I be selling?”. Fair enough a question. The chances are that they do not know the answer. Assuming that […]
I normally do not have a view on the budget – simply because I am skeptical of what will get done. However, one thing that I have loved about the Na Mo Government is the implementation. They have not done any big bang theories..but have been chipping away at the small, insignificant looking thing and […]