Here I am putting in some of my own effort, and some copied from the masters. Remember there are some very holy but useless sounding right advice. If you do not know how to do, LEARN them if you wish to be a good investor: A. Know yourself before starting to invest: 1. What kind […]
So many people ask me this question that I can reply without much thought….. Well to start with, 1. Do not open with a broker: I know how a broker used client A’s share to do a pay in for client B. It is a matter of relief that the shares were replaced next week, […]
I have never been able to say what is a fee that a planner should charge? there are people who should be charged Rs. 10,000 a year and some people who should be charged Rs. 10,00,000. This should NOT depend on the time spent, it should be based on: a. have i been able to […]
If you believe that all bubbles are created by RATIONAL reasons and causes taken to IRRATIONAL HEIGHTS, welcome to the post. Is Mumbai real estate terribly high and unaffordable? Yes. Let us come to some RATIONAL reasons why people buy: 1. If we do not buy NOW we will never be able to buy in […]
There are no hard and fast rules in the world. None. Sachin Tendulkar did not copy Vivian Richards. Nor did he copy Don Bradman. So there are no ‘success rules’ that work for everybody. Start early – is a good rule, but Kentucky Fried Chicken was started by a man in his 60s, right? what […]
When I was in college I was told…if you are an American by the time you finish college you can have a car, and in a few years a house…. Now if you were growing up in an economy with 3% growth, rations for milk, sugar, rice and kerosene – you would be impressed, wont […]
Many young people I know have got into their MBA schools and should be joining soon…so here is a note addressed to them… Hi Children! Congrats on getting into your MBA school. I am not making a distinction between a full time MBA, an executive MBA, a 2 year course or a 1 year course. […]