It is customary to look at the subsidy for fuel, fertilizers, etc. and crib about the money being doled out. However the subsidy for higher education is so so misplaced! Why should an IIT and an IIM charge fees way below the market costs? All these institutions are sitting on Government gifted land, and grants. […]

Many people know that Saraswathi (Saraswati) is the Goddess of Learning. Learning of course is important. On google you will find a lot of articles which say “what i learnt from Warren Buffet”, “what I learnt from Peter Lynch” or what I learnt from Rakesh Jhunjhunwala” or “what I learnt from Charles Munger” or “What […]

Salutations to all my Gurus on this day of Guru Poornima. Right from Lord Shiva to everybody from whom I have learnt something or the other…Who are really my Gurus? The following post is the best answer. Guru Purnima or Poornima is a very important day for all of us…because we are all students all […]

If you are an investor in India there are many people around you saying ‘How prepared are you for the budget’. If you are a Real Long Time Investor you should listen to Ayn Rand – and just ‘shrug’. The budget is an activity which has no meaning at all for a retail investor. The […]

This is not the result of a survey done with an unbiased audience, this is just the summary of talk with a few people. Many of them voted for Na Mo and hence maybe they are justified in airing their views. Here are some of the things that people want: 1. Indexation of the IT […]

If your parent is an investor and invests in bank fixed deposits, equities, mutual funds or RE who is responsible for the record keeping? When he is in the 70s your answer could be different, and when he is in his 80s your answer could be different! There are many children who think that they […]

Inflation is perhaps one of the least understood risks in investing. Understanding the power of small numbers is not easy. That is the reason why people find it difficult to understand the impact of compounding too – after all inflation is just negative compounding. Let us take an example. If you met a financial planner […]