Some of the people I meet seem to be going around the world wearing a BOARD, “I am a …… please deprive me of my money”. Sorry, but I am not able to buy the theory that they were conned, they went to distribute the money. Let me tell you a few examples. 1. I […]
No, this is not a very philosophical post! Hindu mythology says a person should ask for alms only with his open arms. The person should give you food in your hand. A Brahmin is supposed to eat 3 times a day – both hands full. Scientifically this is also supposed to be the size […]
I keep writing these columns once in a while to emphasize that this is NOT a portfolio management column. This is a blog by a Mumbai centric Tam brahm heavily influenced by the Gujarati community in his investment orientation. What are my biases (you should know it, so that you know how much to discount […]
a loss of Rs. 650 crores incurred by a brokerage house…and says they can pay up. I gulped. We used to run a brokerage business and I am so so happy we are not in Emkay’s shoes. However let us get the facts right. In our office we had 12 terminals. Each terminal had a […]
It may sound odd, but being fit is a state of mind. It also differs from person to person, country to country, …and the answers are always different. Let us see what it is and what it is not! a. It surely does not mean you should look like those models who are paid to […]
I have been screaming that term insurance is best bought: a. Cheap and therefore b. Online. However the online way of buying is good ONLY for the consumer. Nobody, repeat nobody is interested in this except the consumer. So there is almost a big mafia working against YOU trying to buy TERM insurance, and that […]
The financial services industry is supposedly well regulated. What with Rbi, Sebi, Irda, …the alphabet soup in place, does it help the retail investor. Sorry, is it supposed to help the retail investor? These are the regulators, what happens with the so called ‘shareholders appointed auditor’? Let us take the case of mutual funds. Most […]