Where’s the risk in banking? Well when Indira Gandhi wanted to nationalize banks in 1969 she said if banks are in the private sector they will all lend to the same companies….and there would be concentration risk. Great. Post nationalization many frauds and scams happened. Latest is the Nirav Modi case – which would have […]

It is amazing that there have been so many frauds in India – and worse promoters who cheated the institutions. Well here is a list of people whom I have known/met during my life. A couple of them still read the blog so I am not naming perhaps the top 2/3 of them. When I […]

I had covered the 2 influences mentioned in the book..here is the second and concluding part of the book review…What are the other 6 ? 3. Asking leading questions – and making you say yes. – Did you start investing late for your retirement? Do you think you will have enough money for retirement, your […]

One question that I have got consistently from doctors is “Should I invest in more real estate?”. It does not matter whether the doctor is in Ranchi, Coimbatore, Indore, Chandigarh….or wherever. And I am stumped because they already have a place of work (clinic, hospital, or…) one house in which they are staying, one house […]

One good thing about having rich and some uber rich friends (in my definition, net worth exceeding Rs 150 crores is Uber rich) …is that you can learn some good lessons: Frugality is good, but it should not be an obsession! I know some of the rich friends who will try to pinch money and […]

I have been doing this series on equity investing…so here is one more. Think in terms of probability when you are NOT very confident of your research. In case you are very confident buy incrementally. At some stage do “emotion control”. Let me give you examples from equity and from mutual fund manager selection. Both […]