Recently met an old friend after a long time. He reminded me of an incident about 14 years back. This post is not about nostalgia…it is about building expectations. (the year 1996 to be precise) You must have heard in many lectures or read in some philosophy books that building expectations is the worst thing […]
small investor, financial literacy, financial awareness, financial inclusion….what an amazing array of words we have created for bureaucrats, politicians, businessmen, capital market pundits to meet and eat! Frankly if you want to climb the Himalayas you need to join a Gym get into good shape and then climb the Himalayas. In the investment arena you […]
Are you creating wealth? If you wondered what is the connection between the article and the way this article starts, do not be surprised. I always thought that the finance professionals were the smartest in the world. They go out there and create complicated products – and then charge a nice fee for telling you […]
How can we blame Union Carbide for what happened? Obviously the first blame is on the Indian soil – all those people who could not care about the Indian people. Let us face it Anderson had a choice of whether to come to India. He knew he could make a few calls and get away. […]
The Parliament today approved of an authority called FHAB. This authority will have the full authority over the establishment, running, pricing of food joints, junk food manufacturers, how much can be given at one serving, pricing, training, etc. of food and health organisations. Their first action was on the East India Hotels and Indian Hotels […]
I know of a person (whose wife was cribbing to me!) who gets into a new hobby every 1-2 years. That is not so bad. He gives up on the hobby with the same enthusiasm with which he started it. It could be anything. Suddenly it could be wine making. Or Golf. Or Photography! Only […]
One assignment that an MBA class likes (loves) is to do projects. It better be projects which are easy to do of course! One MBA class where I suggested that they go out meet IFAs and a few customers to find out how the investing process works was greeted with shock by everybody including the […]