A ‘wealth manager’ – i mean a person who deals with an individual as an individual and NOT as an employee -is the target of this article. If you are a bank manager this may not be relevant for you. So as an IFA or a MFD (politically correct word) you meet clients and ask […]
Cafemutual did their event in Mumbai…at Taj Lands End Mumbai…and here is a summary of what happened… Three CEOs of the mutual fund industry – Sunil Subramaniam, MD, Sundaram MF, Kailash Kulkarni, CEO, L&T MF and Ashutosh Bishnoi, MD & CEO, Mahindra MF – emphasized at CIFA 2020 the the importance of finding niche to […]
The fall of 1448 points of Sensex on 28 February 2020 was a big fall, but it was not the biggest fall ever. I have been in the markets since 1979 and have seen bigger falls. However, this has been the biggest fall in the value of my portfolio. Obviously, in absolute terms. I have […]
It is difficult to disagree with Warren Buffett. However, remember that India is not USA, and I am not a big investor like him. So that’s the caveat… I do think that Management is bigger than the business – Ramdeo Aggarwal says Management is multiplicative. So damn true. If you take 1 billion and multiply […]
Even in the USA Value investing is under great pressure, and Growth Investing has outperformed Value Investing over a decade. Remember this is not how it was – in fact the numbers over the century still favor Value and not Growth. I love value investing just because it forces you to follow a process. I […]
What is bad about capitalism or advertising or even mutual funds…is actually branding, and mis-selling. Ok, let me call it MIS-BUYING. We have all seen the Lux ad where a beautiful woman – from say Waheeda Rehman to Deepika have shown us how we can look beautiful by using Lux. That’s what the ad has […]
Of course lots of people come and ask for detailed advice. They think I should tell them in which fund to invest, when to invest, and hand hold them for their investing life. Mind you I tell them “I do not do retail work” . To them this does not mean that they stop asking. […]