Well I have no strong views on Gold – however I have never bought any gold as an investment. I wear no gold on my body, but I guess my mother, sister, wife, and daughter do wear. However as a family also there is no interest in the gold – except to the extent that […]
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 […]
For somebody who has spent a long time watching the mutual fund industry I am not sure whether it is going to be a case of “I knew this will happen” or even worse ‘I told you so’…. How does a fund scheme get launched – rather why? Simply because the sales force has never […]
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 […]
Almost every body whom I meet asks me this question: “Should I buy gold?”. My answer is never straight (everybody around me says that!!). So I ask “Why?” The answer always is : “Because it is going up.” To me this answer is scary and completely stupid. If every body is buying an item because […]
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 […]