One advantage or disadvantages of being connected with equity markets is you hear many stories. However if you have been in it for long, you may be part of many stories. For example a friend who wanted alpha (returns greater than the market returns), asked me what to do. Knowing his ability to trade I […]
PMS accounts have drawbacks too. For starters, there are all kinds of money managers: good, bad, mediocre, and cheats. Clearly, it’s not worth paying for anything less than the best manager you can find. You cannot also find out who is good and who is not on any unbiased platform. There is no way how […]
How to identify mature organisations which think they are too great to fail? They fail to see Customer’s Changing needs They are run by people who hate the sales and marketing functions – in a competitive market! Their systems are old and created to please the board – the customer be damned. If a product […]
How does a financial planner answer this question? or change it to “market is rising, what should I do?” It is really difficult, right? Ok let me try. If he is an equity buff he is likely to say “Keep investing, in the long run equities are the best asset class and you will get […]
I am surrounded by a lot of ‘part-time’ portfolio managers. Of course the other name for them is voluntary contributors to the broker welfare fund. Their reasons for buying a share, holding it and selling it can at times be hilarious. However without getting into whether we are in a bull market or a bear […]
Thanks to the fact that I write and also run a blog, I get a lot of questions expecting ‘Yes’, ‘No’. Invest in ‘Hdfc Growth fund’, or ‘do not touch unit linked plans’ kind of answers. This to me is difficult. Even when people ask me “What do you think of Tata Steel?” (Ok when […]