this is a transcript of a talk session Vikram Oza did on UTVi – and it appears on utvi.com too. Leaving emotions out of your financial decisions is tough. Behavioural Finance is a science that gauges among other things, the rationale of investment decisions. UTVi talks to PV Subramanyam (Subra), financial trainer on the subject […]
Sounds very funny does it not? Why would anybody choose to be poor? Or unhappy? Or fail? Well if you read Hindu philosophy in detail you realise the following lessons are taught to you through stories: You are a function of what you chose to be. If you are happy you make the choices to […]
So India was kicked out of the Twenty 20 World Cup, and a billion fans are crying about it. Correct? Let us see what we can learn from here: 1. In the T-20 format, it is far more difficult to predict than in other forms. Just as how no fund manager knew at 21000 sensex […]
Over the last many years after interacting with people I still cannot understand human behaviour. I can only say that I tried doing something! Over the past 3 days we did an event called the “India investment show”. Fund managers, analysts, company managements, come and make presentations – and the common man can walk in […]
Ayn Rand says “money is the root cause of all good”. Indian philosophy says ‘money increases desire – and like ghee and wood to a fire – increases desire and misery’. Immaterial of whether you take the western view or the eastern view, all of us have at some point chased money, have we not? […]
We are in a mood of extreme pessimism. So now to talk about “irrational exuberance” may be a little out of place. By the way if you are new to the finance business, you may not have heard of Alan Greenspan or of “irrational exuberance”. Of course Alan can now be said to be of […]
I have found many people spend money to satisfy some need which actually they do not have! Can you believe this? I myself found it difficult. Let me explain. When it comes to impulse spending we try to please our needs. One need is actually felt by us deep inside. The other one is temporary […]