I have been writing a lot recently on what an IFA can do, will do, must do….here is what he must do: He MUST charge a fee for the work that he is doing: When an IFA does something free, the client has no respect for the work that he/she does. So for starters, do […]
Let us see what your banker says…..and how you should interpret it…..and what you should say It is not easy being a layman today! The amount of ‘advise’ that is dumped on you is stunning. Advise on where to travel, when to travel, how to reduce weight, how to impress your girlfriend / wife / […]
Many people talking about risk do not tell you the biggest risk of investing. Let me take an example from the Running Field. Whenever people talk of running, the first word that comes to mind is ‘Marathon’. Running a marathon or races like Comrades takes a lot of mental, and physical effort. It can normally […]
You won’t find a lot of Pain In The As in fund boardrooms, let me tell you. Look at the board of the funds run by Subramoney Capital Management. Viswanathan earned Rs. 55,00,000 last year as an independent director. Until 2003, he was a senior vice president at the Subramoney Insurance, which just so happens […]
Meeting more investors and more IFAs and many more trainers…that is what I did in the past 2 weeks of India darshan… So let me take off from what Jason Zewig, Buffett, and Vanguard have been saying… Mutual funds are prohibitively expensive, and the fund industry knows that. The regulator should have just concentrated on […]
Dear Mr. Subra I am writing this to you – but please do not disclose my name and email id – many of my clients read your blog. The ratio of articles that you write against the adviser is quite a lot, but you also write some articles favoring them. Hence I decided to write […]
A few financial dilemmas that have been plaguing me. Frankly am looking for an answer! Here they are: 1. How long will IT companies enjoy 30% margins and 30% p.a growth rate for the work that many of them do? Ok. Make that 15%. Is that sustainable if the currency were to get stronger? 2. […]