I keep wondering whether I should write a book just describing risks. Then I keep telling myself if I cannot write half as well as Taleb, I should not. However here are a few axioms on risk – gathered from here, there and through experience. Like Beheram Contractor, a.k.a Busybee would have said – […]

For a minute forget all the math of buying or renting. It makes sense to buy rather than rent. Yes I know that this is against all the ‘renting is better than buying’ gyan that I have dispensed with! Why? What happened suddenly? Was the math wrong? No. What went wrong was the human attitude […]

It may sound odd, but being fit is a state of mind. It also differs from person to person, country to country, …and the answers are always different. Let us see what it is  and what it is not! a. It surely does not mean you should look like those models who are paid to […]

I have the privilege of meeting kids in their 20s. I can assure older people one thing. God has created the same number of smart kids, dumb kids, responsible ones, …………for every gen equally. I meet all types! I meet those who agonize over Rs. 400 auto fares and those who can blow Rs. 8000 […]

  There is a good chance that somebody will approach you or would have already approached you to buy a financial product. Assuming it is an investment product or an insurance product, this is how you go about doing it: 1. If it is an insurance product, ask him is it TERM insurance? 2. How […]

Have you wondered what is money? It is the power to do something. It may be cash, credit card, E-card, ….basically it is the power to meet a variety of needs, wants, luxuries…..and of course cause good. Remember it also is the power to create terror and evil….like terrorism. Money by itself is nothing  – […]

Many people think they (and the industry tells them) that they are eligible for a “home loan”, car loan, personal loan, credit card loan etc. Actually this is not true. You only get a loan against your Form 16, which means this is a loan against your future earning capacity. Imagine telling a lender that […]