For those who were born in the 1980s…and who take 8-9% growth for granted they should take a lesson in History! Just when I saw the rocking performance of Bajaj Auto – 80% y-o-y growth – and a net profit for the year Rs. 1700 crores! When Rajiv Gandhi came to power he allowed motorcycle […]
IIM Bangalore has a forum…one of them had posted this Just reproducing what I found: NORFOLK, VIRGINIA – Eleven indicted Somali pirates dropped a bombshell in a U.S.court today, revealing that their entire piracy operation is a subsidiary of banking giant Goldman Sachs. There was an audible gasp in court when the leader of the […]
I hope there are many readers of my blog who are fans of Ayn Rand. She surely made a whole generation think about money in a more positive light. Of course agreeing with her philosophy of the ‘Art of Selfishness’ is difficult, it is at least a thought. I do not know whether I am […]
Awanish Mishra of Money Mantra wrote this editorial …..and it was in Jan/Feb 2010. Since many of you may not have seen it, I am reproducing it: A complete cut paste. Please do not ask for names of the players involved. If A.M wanted to he would have published it :). I was surprised but […]
Many people have heard or read about diversification but may not be aware of what it really means. Here is an attempt. One girl came up to me and said I need to invest in ELSS (equity linked saving scheme) for saving some Income tax what should I do. I suggested Hdfc Tax Saver and […]
There is an alphabetic soup in the financial qualifications – and there are many animals out there. Most first time investors (and some veterans too) are legitimately confused about their role so here is a lesson 101: Financial planner: supposed to know everything about you PERSONALLY so actually called ‘personal financial planner’ who helps you […]
I have not been able to answer this question for myself – forget answering this question for others. There are 2 big company CEOs who constantly have their portfolios reviewed by me – the equity portion of it. One of them is in financial services. There are 3 fund managers who talk to me at […]