You attend any Mutual fund gathering these days, they are gung ho about how the industry is going to double in the next 2/3/5 years depending on whom you ask. Let me tell you what I think can go wrong: One banker told me “during demonetization we got just too much cash, so we had […]

About 10-11 years ago I started www.subramoney.com and I made it a point to write one page a day. I still strive too (but the next 15 days is going to be tough!). I realized that my writing would neither make me rich nor famous. There was no business model. There is no business model […]

Where’s the risk in banking? Well when Indira Gandhi wanted to nationalize banks in 1969 she said if banks are in the private sector they will all lend to the same companies….and there would be concentration risk. Great. Post nationalization many frauds and scams happened. Latest is the Nirav Modi case – which would have […]

It is amazing that there have been so many frauds in India – and worse promoters who cheated the institutions. Well here is a list of people whom I have known/met during my life. A couple of them still read the blog so I am not naming perhaps the top 2/3 of them. When I […]

I had covered the 2 influences mentioned in the book..here is the second and concluding part of the book review…What are the other 6 ? 3. Asking leading questions – and making you say yes. – Did you start investing late for your retirement? Do you think you will have enough money for retirement, your […]

One question that I have got consistently from doctors is “Should I invest in more real estate?”. It does not matter whether the doctor is in Ranchi, Coimbatore, Indore, Chandigarh….or wherever. And I am stumped because they already have a place of work (clinic, hospital, or…) one house in which they are staying, one house […]