100 points on the Nifty lost in 45 minutes, that is amazing…! Look at the language in the press from Saturday to Monday….it will all say ‘Markets in a Panic’, ‘Markets crash’, ‘Investors loose Rs. 13,455 crores in market cap’ I spoke to 3 big brokers and one trader (old friends who do not mind […]
A few days ago I had done ..a post called Investment lies that you have been told. Was not sure whether I could find enough..but here is a second set..I think it can go on for a few days. Would love it if people told me WHY I think it is a lie..some of them […]
Mr. Jeremy Grantham predictor of many events in the past is predicting a crash in 2011. I am not sure whether Jeremy is right or wrong, whether there will be a crash in 2011. There could be a crash in 2012… The argument that he has put forward in his interview with cnbc’s Maria Bartimoro […]
this is a very good answer – financial planners are normally afraid to tell the clients – “No man can tell whether he is rich or poor by turning to his ledger. It is the heart that makes a man rich. He is rich according to what he is, not according to what he has.” […]
Head held high, eyes on the stars, nose to the grind, ear to the ground, money where the mouth is, tongue tied, chest out, feet on the ground, have you tried doing all this simultaneously? Really tough…stop listening to the experts! It is a whole long list of lies that I can enumerate (some American, […]
As a financial planner I do spend a lot of time with 16 year olds working in call centers, media companies, banks and so on. When I am with them and discussing their problems, the one question that often comes to my mind is, “If these guys cannot make their monthly salary stretch one month, […]
This is the third time this post is being put up…largely because there is a pressure group which asks me to put this up again..am not promising that it will be the last time either…so please read on: Life, wealth, milk and ghee. Have you wondered what is the connection between creating a portfolio, ghee, […]