I am not getting into whether you should buy gold or not buy gold. There are enough people on both sides. I am on the side of Warren Buffet, and the only gold I have is what has been gifted to me either at the time of my marriage or somebody else’s marriage. Here is [...]
There are some loose cannon balls out there at the regulators place who are hell bent on letting blood flow… The mutual fund industry in India was anyway a top 8 cities, institutional phenomena. However the retail portion was serviced by a huge army of advisers and employees of AMCs. You should meet the Indian [...]
There are many comments and emails asking me why I am against gold and against real estate. Well I am not against gold, and neither against real estate. However what do you call a market which is completely dependent on new investors bringing their fresh money. Well some people call it a Ponzi scheme. I [...]
It is that time of the year when everybody is buying gold. Or at least the guys who are selling gold think customers should be buying gold. If you are in a Hindu country – not by constitution but by sheer numbers – you will be pushed into thinking everybody is buying gold. My wife [...]
http://www.subramoney.com/book-written-by-me/ A few days ago I wrote a post saying why I sold most of my shares in a south based sugar company. It was scary when Rahul Gandhi said – some of the losses have to be borne by the mills if the farmers have to benefit. Politicians can keep prices very different from [...]
The easiest way to protect a portfolio from inflation is to buy assets that will benefit from inflation. Below are a few of them. Gold Gold is seen as a classic inflation hedge. However in India over the last 30 years it has not been a good hedge against inflation. Another issue with gold is [...]