I have been investing now for a few decades. Initially it was difficult to get balance sheets. One had to go to Raddiwalas (old paper shops) to collect balance sheets. Then you sat down with a paper and pencil to calculate ‘ratios’ over the past 4 years, then you had to make the cash flow […]

In the 1960s if you wanted to buy a house in Mumbai, you did not go to a builder, you went to 7 or 8 friends and said ‘let us form a co-operative society. Then you bought land, and then went to a builder and asked him to build a house for all of you. […]

What are the barriers to wealth creation? Mostly it is in the brain. Man has 3 parts in the brain – one is the simple brain that we got a couple of million years ago. This knows very little. It has simple needs – food, shelter, sex. This brain is a tribe loving brain. It […]

If you do not like to read about Macro risks, I agree with you, you can skip this post. The micro risk of wrong asset allocation and financial mistakes have already been covered earlier..here is the macro. India and the world. Specific to India: Good in the long run is Raghuram Rajan’s speed of NPA […]

If you are above 70 years of age, have a credit card, use net banking, have invested in mutual funds, make E deposits, redeem it online, pay your taxes online, transfer moneys online, …Congrats, you deserve a prize. My friend just paid Rs. X into her brother’s credit card this Monday…the cheque has not yet […]

as a sales trainer i have met some amazingly good sales person..and I could write a lot about how to be a good sales person. In fact I know some people who think talking is selling. It is not. Telling is not selling at all. Getting the client to be interested in a product at […]

Both Wall Street and Dalal Street have some nonsense sayings. Let us see if you know them, understand them, or believe them: Market is still much cheaper, adjusted to inflation, than in Dec 2007. – wow, really? says who? when you see Equity returns, and adjust it to inflation, and compare it to the prevailing […]