Asset allocation is difficult because of a zillion reasons. Let me just write about why it is difficult and why people cannot get it right. Well most of the times. Asset allocation is NOT a wealth creation tool. It is a risk REDUCTION tool, and has to be treated as such. I mean if you […]

Long ago I had posted about my mistakes…let me again write about some recent mistakes. Some are so fundamentally wrong after spending so much time in the market that one keeps wondering why such mistakes happen.. There were 3 companies that I was tracking – I have a position in just one of them – […]

‘Subra I want to quit my job’ Me: and do what, may I ask? I have this conversation with one person EVERY week, and these are the 2 answers that I get: I want to see the world, have a nice life and spend some time with the family. OR I am sick of working […]

When you talk about equities, people usually get up and say ‘Real estate gives better returns’…I bought a house in Kharghar for Rs. 20L and now in 10 years it is worth Rs. 3 crores or some such numbers are thrown. Not that I try to defend equity as an investment (my returns do not […]

You are looking to buy ONE good share (actually one or 2 in a year is fine if you start at 23 and stop at 55 – you would have a portfolio of about 60 shares, and you cannot manage more than that). What do we (I do nothing, some kids do all the work, […]

Let us say there are 3 persons – and we really do not need their names. For want of a better number let us assume that all 3 of them are destined to earn about Rs. 6 crores over the working life times. One guy is a film producer and makes a film when he […]

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