Many friends in the media will feel let down by this post! After all the media spends so much time and effort on the macro. Telling people that they should look at market cycles, inflation, demographics…. Warren Buffet says ” Ignore the Macro, Focus on the Micro”. Clearly business should be concentrating on what they […]
It is customary in film circles to say “i was inspired by Kishore Kumar or S D Burman or …” what have you and then copy their song – either partially or in toto. In fund management too you can copy and the advantage is your money in the bank, is yours. Your money does […]
As is customary there is now a series of interviews to find out whether we are in a bull market or a bear market. Udyan Mukherjee is speaking to a host of experts to ask for their views. Rakesh Jhunjhunwala – (whose call on the IT stocks last June was bang on target) says we […]
If people think (or know) that you have some connection to the stock markets, they do turn to you with queries. One of the questions that I am asked – for the past 3-4 years has been “Do I need to hand over my money to a Portfolio Manager?” Whether an investor would benefit from […]
Continuing my Art of giving, I decided to look into our mythology to find some interesting stories. The first story that I was reminded of was a story of Duryodhana, Karna and Lord Krishna. Duryodhana was a big hearted guy and did a lot of charity. However, he was a little upset that only Karna […]
I could have easily adopted the text book method of defining wealth – and there are many available. Instead let us look at mindsets. It starts from the basic question of “Why do we borrow?” Most of us will today not need to borrow to buy a VCD or a television (did you note we […]
I met a person over lunch on Saturday. He works miracles. He is a part of a movement called akshayapatra. They do have a website and is http://www.akshayapatra.org. The amazing things this organisation does is actually very simple – they feed upwards of 8.5 million children EVERYDAY. Come to think of this. 8.5 million children […]