We are a product of the choices that we make AND the choices we choose NOT to make. So when you choose to have 200 shirts and 50 pants, its a choice YOU made to choose every morning what to wear. If you have 5 black pants and 10 white shirts, you have again made […]

The biggest risk in life is overconfidence. It kills. While crossing the tracks or the road when you are overconfident that you will beat the train or the car – can actually kill. In portfolio management – it is not what you do not know that kills you, it is what you CONFIDENTLY know, but […]

When you are floating in a few ‘000 crores of money…what do you have to pray to God for? Good sense. After all it is very easy to earn a lot of Money (Michael Jackson, Tiger Woods, Boris Becker even Vinod Kambli) or inherit a lot lot of money (Ranbaxy, Mafatlal, Ashok Birla)…it does not […]

I heard a few things – and since I hear many things in many such summits – I don’t always understand what it means. Just understanding that I do not understand. Our chief said that there is concentration risk – the top 7 fund houses hold 70% of the assets. Does that not happen in […]

When you talk to fund managers (or any stake holder in the Mf industry) they talk of the following words: a) Corporate Governance b) Investor education c) spreading to smaller towns d) creating greater skills in the distributors and the latest one I heard is having more women in the full chain. Seriously, there are […]

Ajay Tyagi the Chief of SEBI said some interesting things at the MF Summit 2018 organised by AMFI. Let me summarize some of the things that I made note of…and some from my memory: Mutual funds are an important constituent of India – and have helped the country He said the earlier speakers have spoken […]