It looks so simple when I tell you that my Dad bought Colgate in 1977 and has still not sold it. It pays him nice dividends and has rewarded him at a good rate – especially when you consider the nice dividends, which from 1993-4 were tax free too. One question to answer is ‘Could […]

There is no doubt that I do think that most of the investors who are reading this blog should index their portfolios. However, there are too many of us who will tell you that ‘you’ should index but we know how to invest. I guess this hurts egos! So the mutual fund industry thrives, and […]

Lets face it, we have no clue about the equity markets, at least about Indian equity markets. Many people think that because there was no great activity in 2015, markets have to be up in 2016. I do not agree with that logic. Let us look at what is happening at the ground level. Many […]

We have always measured success in the speed of growth and never in terms of sustainable growth. When you chase growth there is a tendency to destroy the planet in which we live. However, today I am seeing people in their late 20s and early 30s who are : concerned about cleanliness concerned about government […]

Most of the portfolios that I have seen do not have commodities in their portfolio. I am talking of about 50-60 people in the region of US $ 5 million and above. If they have gold it is for consumption (Jewellery, mostly for the women of the house). I have been a non believer of […]

When dealing with macros I struggle for numbers that not everybody tracks. Let us talk of cars. I have met many people now in their 30s who are STILL using their 6-8 year old SMALL CARS. These are rich kids who can easily buy a Honda City if not a Toyota. What is the reason […]

We are a race that has rewarded the go getter, right? So everybody wants to project himself as a decisive person. So in case of uncertainty. So we are confident in our fund picking, our stock picking, picking the school / college for ourselves or for our children etc. We do not like to share […]