Whenever I look at the airline industry I wonder how they make money…for the shareholder. All airlines buy planes from the same companies, fly to the same airports, recruit from the same talent pool (well largely), have the same set of shareholders….how will the end product be different? Well I have no clue, but I […]
Yesterday a friend showed me the working of Reliance Mutual fund – he does not want to share the work publicly though. He took a very (perhaps not practical) view that an investor does a Rs. 1000 SIP in each and every equity fund of reliance mutual fund right from the date of launch of […]
Here is a mail from a reader…I thought readers / fans of planners / etc. should respond. Would love a response from Babar Zaidi, Ritu Kant Ojha, Anirrudha, Kamya Jaiswal, Debashis Basu, Khyati Dharamsi, Deepa Venkatraghvan, …other CFPs, ….all others welcome. I personally do not understand how personal financial planners work (well to a great […]
More than 300 families that I know must have made this statement! I love it. All those reading my blog know that I believe in keeping things simple, and using own skills rather than ‘hired’ skills. Even when it comes to making a will…my normal advice is “If you have led a simple uncomplicated life […]
I have been in the markets for a real long time. As a friend says when we entered the market flying was considered dangerous and sex was considered safe! I started learning about something called PRICE-DIVIDEND RATIO. I was told dividends are the only thing that a small investor knows for real, so he should […]
Those people who pretend they know how much they are earning, spending, investing or what is their net-worth either maintain detailed accounts or are lying! The mind is a poor accountant, and it creates facts in such a way that is palatable and is socially right sounding! For example if you have spent on some […]
Sunday philosophy ka quota! When people ask me for a feedback on the work that they have done I am usually in a quandary. First of all if i have no end usage of that product, or that person is not in a reporting relationship I NEED NOT GIVE a feedback at all. However, they […]