No, I am not saying this as a joke. Just imagine doing anything in this country is tough. Those of you who were around may remember Vasanth Sathe being criticised by the Left (the Left and Mamta have opposed everything including NPS) for suggesting we should have colour tv. The media also joined in (as […]
this is of course the theme of my book…actually somebody suggested say ‘under $ 1 a day’…. on Saturday (7th) and Sunday (8th) – 5pm watch Cnbc Awaaz – I am talking with Gaurika Chaudhari about the power of investing such a small amount BUT OVER A LONG PERIOD OF TIME…it is a program on […]
We have all been using toothpaste, shampoo, soap, malt drinks, Bournvita, Horlicks, Complan…..even though we may be new to life insurance, pension plans, etc. If you see the pictures on the cover of the items that you buy you see pictures of how much to use. The toothpaste cover shows toothpaste from one end of […]
Over the past few years that the mutual fund industry has existed it has not grown as much as people would like you to believe it has. There are about 800 schemes – equity / predominantly equity schemes. If you sort the folios PANCARD wise, I do not think there are more than 100,000 reasonably […]
In poorer locations dreams are sold. If you are in Eastern UP or Bihar, it is the ‘Mumbai dream’. In David Copperfield it was ‘London streets are paved with gold’ …well all over the world it is the ‘American Dream’. It is no longer a dream. It is a nightmare. The average American is surely […]
I get a lot of mails saying – investing does not work, trading is fun, ‘i made Rs. 124,000 in trading’ etc. Frankly I do not know how to react. Let me share with you what has worked for my family’s portfolio. Very broadly this portfolio has been a Value portfolio. There are shares acquired […]
Long ago I had done a posting about Asiad games. One of the friends of the government Hindustan Petroleum had ‘bought’ some guest houses in Delhi – one of hem was for Rs. 5 crores. When I asked them why are they not capitalising it, the accountant laughed and said the buildings will house the […]