Our Financial media aka ticker channels are in love with the Indian economy. No clue why but most of our commentators seem to think that India is a very attractive market in which to invest. I have nothing against the Indian economy, but the American, European, investor surely has better options. In a country where […]

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I had this conversation with a bunch of Millennial… I wish to retire at 43 is it possible? The answer is NO. You are now 25 years of age and are earning Rs. 4L a year. This is not a great salary, but you will not be able to invest more than Rs. 3000 a […]

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When I read RK’s book for the first time, I was not sure about the math. To me I carried an anti Real Estate view (still do) so principally I could not agree with him at all. However, I agreed with a lot of his ideas – buy assets, do not borrow, use cash flow […]

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When I look at a fund manager I look at integrity, honesty, consistency, trustworthiness, simple lifestyle, good brains….etc. However when I meet fellow investors I do not know or care about any of these qualities. There is no way how I can measure any of this shit. Therefore it forces me to look for characteristics […]

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Well let us go back to 1988. I met the great R H Patil. He was talking about setting up a retail debt market. I was impressed. Come to 1993 I met RHP and he wanted us to committ Rs. 2 crores to buy a WDM – no not weapons of mass desctruction. Whole Sale […]

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Every activity is expected to have a Mission, Goal, Activity and Conclusion. Great. When I was in school (or even in college perhaps) there were 3 things that I thought I must do. Get a PhD in some subject Publish a book Win a Medal Over the past 2 decades I lost interest in all […]

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I have no views on the budgets – ever. It is a media event and once upon a time it used to be a Rs. 50L property as they called it. Now it must be a Rs. 5 crore property…so let the media enjoy it. PR agencies draft some shit and present it as their […]

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