Yesterday I got a query asking ‘are these the right funds for reaching my goals’? I just saw the numbers and realized that for many people it is necessary that they use a Goals calculator..because their math is not as strong as it needs to be. Let me reproduce the query – I answered it […]

If you want to see/ read about wealth and value destruction, one company to read about is GE. This set me thinking about the ‘lucky’ millionaires. Lucky in the sense that they did their CA or MBA and were looking for a job. Then they found it in Hdfc, Hdfc bank, Hdfc asset management company, […]

I wish to leave today’s post blank. This is a protest against the imbecile Congress’s move against the CJI. I have lived in Mumbai High Court and heard Nani Palkhiwala, Setalvad, Tulzapurkar (more the sons, not the father), Andhyarujena, Ram Jethmalani, Salve, KK Venugopal, Iqbal Chagla, t….and many many others. I have seen them talk and […]

When Sachin Tendulkar and Rahul Dravid met for the first time – about 30 years ago – do you think they asked each other ‘what is your batting average’? I doubt it. I doubt whether any batsman in the world worried about his batting average on a day to day basis. They would have instead […]

I was born in 1962 and had the luck of a full time home-maker mom. So did all my friends. Well almost all. My mother made 3 or 4 meals a day, and everything was home made. How she made it interesting is still a puzzle, but eating out was not an option. By the […]

There are some people who call me and ask me to review their portfolios. I no longer do that – I used to do it in the past. It is a thankless work with no reward for doing a good job. However here are some characteristics: Mostly these are inherited portfolios where the kid/ younger […]

I have been speaking to market intermediaries as well as investors. Frankly whether it is a Colonel in the army, a DSP of police, a practicing surgeon in Lucknow – most of them are players in the market. The IFA is a player in the market. Whether you are a trader, investor, mutual fund investor, […]