Whether it is a game of badminton or cricket – you need to attack to win. So forget what the stats tell you – we were winning (even in tests) because we had Sehwag at the top thrashing the hell out of the bowlers. Yes you need to be defensive too, but it is attacking […]
Sebi had asked the mutual fund industry to spread investor awareness all over India…and allocated a %age of the aum as a COMPULSORY expense on spreading of the industry. Then they launched a ‘Mutual funds sahi hai campaign’ – both these initiatives have created so much awareness among the people that it is tough to […]
The more I think about clients, friends, etc. who have made money, there are a lot of things that I keep learning. Here are some of the rules which have helped people: Temperament to invest: Investment is like raising an orchard – with a variety of fruit trees. It takes a lot of time and […]
You must read this thread first http://www.subramoney.com/2018/12/family-deals-be-careful/ Let me reiterate. Many Financial mistakes done by the previous generation have been nicely hidden under the carpet by their children. Well hid from the prying eyes of the world – and the mistakes are not brought to the scrutiny. What are the mistakes that I have noticed? […]
Continuing the sheer incompetence story. When you have seen somebody s..w up a portfolio from the periphery what do you do? Well, I tried warning both F and S (You have to read the first part) that they were not on the right path. S was a big believer in Real Estate and had bought […]
You are standing in a crowd your friend comes and throws his car keys towards you and says “will you drop my parents to Egmore..I have to rush to the hospital for an emergency, I am taking my wife’s car”. You immediately say “I don’t know how to drive” but will drop them in an […]