I have a few friends, cousins, etc. who ask me BEFORE THEY INVEST…here is an email that got forwarded to me saying…sounds too good to be true, want you to say my decision of saying NO is correct… I have reproduced the mail here..was sent by a National Level Distributor (not a bank) …clearly violating […]
When you handle personal finance you need to be a little soft, a little hard and sometimes cruel. It is like giving medicines to a kid. Not many clients want to listen to bitter advise. Imagine a professional who wants to invest Rs. 3 crores in a business, where I think he will earn only […]
There is some advise that you keep getting from the media. You have heard it so many times that you know that it is correct (or the person who is giving, the journal, the channel, all of them believe)…but most people do not know how to use it. So I call it brilliant, but completely […]
Many of you would have heard of the story of a camel which came to a man in the desert and said ‘Can I keep just my face inside the tent…it is very cold outside’. As you can guess, slowly the camel was in and the man was out. In a similar story the mutual […]
The South Africans are chokers or do they panic? Well all the commentators call them chokers, do they not? Well Malcolm Gladwell (Tipping Point fame) has come out with the difference between panicking and choking very well. He has used a game of tennis as an example. Akash Chopra (Cricketer) has adapted the concept to […]
Watch, listen, and learn. You cannot know it all yourself. Anyone who thinks that they do, is destined for mediocrity. Donald John Trump. Obviously Donald Trump has said this with respect to life. This is amazingly true for markets. Ken Fisher calls it the TGH – the great humiliator. The minute you think you understand […]
Which is the worst investment advice that you have ever received? Back in my 20s – when I did not know that I knew nothing about investing (trading I still do not know) I had clients who would seek my advice. Now this advice is kinda addicting. When people ask you give some advice and […]