Sorry, but recently the complete NON understanding of statistics by the media has happened too many times… When Mary Kom was playing her opponent the commentators kept saying ‘Mary Kom has not lost to the same opponent twice’. On Sunday, 26th August, 2012, when India played Australia in the Under 19 World cup, the commentators […]
For students of Economics, there used to be a concept called ‘Free Market’. The USA was considered to be the home of free markets along with old democracies like France, UK, Japan and the like. Many economists believed that the Free Market was never born, but that is debatable. After much thought, searching and with […]
Assuming a diary is a place where you will write down your darkest, best, …..an investment diary is a must. These 5 things MUST, MUST, MUST go into a diary if you really want to improve as a stock picker: a) log all ideas – history tells you which were good and which bad. A […]
When you have lived too long in a very comfortable style, you tend to lose perspective. I meet extremely rich people, reasonably rich people, rich people, and middle class people. And the richer they are, more they seem to be cribbing. ‘Why pay Rs. 25 Lakhs for a parking ….’ or ‘Mumbai has no […]
For most people who have seen a drop in wealth…and do not know what caused it. The most cruel impact the 2003-7 boom has had on people is they believe it can happen again. Subra, I am sure once more the market will move up 7 times in 5 years. We only do not know […]
“Let us get the basics right, Subra, if you want to be safe, you should invest in gilt. Equities, equity mutual funds, etc. are for the rich people who read your blog NOT FOR middle class people like me. I am a bank manager and I have all my money in bank fixed deposits. […]
In the 1960s if you wanted to buy a house, it was considered almost impossible to get a home loan. It was only in 1980 that Hdfc started giving home loans – and that too sensible amounts. That explains why Hdfc is so popular – people love the guys who gave them the HOME. Especially […]