The kind of questions that I get – I don’t normally respond. I will let the readers react. Why does this couple need Rs. 280,000 a month at the age of 80? (in the year 2033) – are they going on a world tour every month? – Ms R, Chennai. Why do you write about […]

If you consume financial porn you believe that the real rich do not work. They are constantly flying to Bahamas, drinking champagne, party hopping and binging. Well, let me share the life style of one real -seriously rich man I know. He is up at about 5am and hits the home gym. His instructor comes […]

Our Financial media aka ticker channels are in love with the Indian economy. No clue why but most of our commentators seem to think that India is a very attractive market in which to invest. I have nothing against the Indian economy, but the American, European, investor surely has better options. In a country where […]

I had this conversation with a bunch of Millennial… I wish to retire at 43 is it possible? The answer is NO. You are now 25 years of age and are earning Rs. 4L a year. This is not a great salary, but you will not be able to invest more than Rs. 3000 a […]

When I read RK’s book for the first time, I was not sure about the math. To me I carried an anti Real Estate view (still do) so principally I could not agree with him at all. However, I agreed with a lot of his ideas – buy assets, do not borrow, use cash flow […]

When I look at a fund manager I look at integrity, honesty, consistency, trustworthiness, simple lifestyle, good brains….etc. However when I meet fellow investors I do not know or care about any of these qualities. There is no way how I can measure any of this shit. Therefore it forces me to look for characteristics […]

Well let us go back to 1988. I met the great R H Patil. He was talking about setting up a retail debt market. I was impressed. Come to 1993 I met RHP and he wanted us to committ Rs. 2 crores to buy a WDM – no not weapons of mass desctruction. Whole Sale […]