There is one person who is rarely quoted in Financial Circles. He is George Bernard Shaw. He said “Whenever I go to my tailor, he measures me up”. I wish all of us would do it! Once we decide on a particular thing we do not let new facts change our minds. We carry prejudices […]

I was a little sceptical to do a session on a working Monday. However, namma Bangalore was kind enough to oblige me with a full house – and about 70 people came to attend the session titled ‘Goal Based Investing’. Fairly obviously I covered Goal based investing – and I always run out of time […]

I was fast walking with a guy who is married to a girl I know. So in a sense I know the boy too, but I know the 31 year old girl for the past 10 years and I know the boy for about 4/5 years. That’s the background. When we went a little uphill, […]

No, this is not a post…just a FB type of a comment. When a public issue of L&T Finance was announced  many of the employees of the L&T group called me. Many of them were thrilled that they would be getting some ‘fixed quota’. I am not sure if I could have got some shares […]

It is customary to say that a fund with a lower fee will perform better than a fund with a higher fee. People forget on very important thing here – there is a fundamental assumption that the skill sets in the fund management schemes being compared are THE SAME, and all other things are similar. […]

When people tell you I bought a house for Rs. 10,00,000 now it is worth Rs. 50,00,000 – it was such a risk free fantastic return, you should read between the lines. In news reading and while listening to people it is important to hear what they did not tell you. And they did not […]

Caveat: I am not an agent for LIC. No, I am not on the payroll of the LIC. Actually I do not even know whether LIC knows that I exist. Having said that let me accept that the press (including some of us fringe players) have written a lot of bad things about LIC – […]