Are there too many schemes in the mutual fund industry? Well it can be argued till the cows come home. Value fund, growth fund, large cap, mid cap, mid and small cap, large cap value, mid cap value, large cap growth, opportunities fund, special situations, price-earning ratio fund, equity biased balanced fund, debt heavy balanced […]
http://www.subramoney.com/book-written-by-me/ Recently many people have spoken to me about their attitude towards money. In case of people I know for the past 30-40 years, largely the impact of their childhood on their ‘money-psyche’ has been of tremendous importance. Having said that, attitude towards money is not always the same even for siblings. My sister and […]
Once upon a time long, long ago I used to be a fan of Ayn Rand’s books! This must have been circa 1980 when I was a student and believed that there is a perfect world…and it exists in the world occupied by the White Man. It was a time when it was easy to […]
Goldman Sachs recently invested Rs. 500 million in Facebook – implying a valuation of US $ 50 Billion! Now this can mean many things – let us speculate! 1. Goldman Sachs (GS) genuinely believes that FB has a valuation of $ 50 billion. 2. There is a FB IPO in the offing and GS has […]
Back from running (walking, jogging, too) and did it in 2:49 hrs. This by itself is not a good number, and it is 4 minutes more than my targeted time of 2:45. However it was still better than my last year’s timing of 2:57! This post is to say something else though! Last year (2010) […]
Sunday ka philosophy quota….by the time you read this I would have finished running (people are so cruel, they call it walking when they see me!) the Standard Chartered Mumbai (half) Marthon, 2011…hopefully in good time… There is always an opportunity to help others – and you have no clue from where it can come. […]
2 calls and 3 sms in the morning had the same message! No it was not about PONGAL, Sankrant, Lohri…..it was: “Anil Ambani has been banned for doing something on the stock exchanges..what does it mean for our investments in Reliance Mutual fund?” Well I do not think this will impact Reliance Mutual fund in […]