I am not at all surprised at the poor penetration of financial products in this country. Or why people prefer suboptimal  financial solutions. Let me list them: 1. The sheer pain of dealing with institutions: have you thought how painful it is to deal with the post office, banks, insurance companies, mutual funds, and the […]

1. Markets can remain irrational far, far, far longer than you can think. 2. One/two /three overambitious Central Banks can keep interest rates artificially low for decades. 3. We have no clue how the markets will react to higher interest rates – from 2008 we have ASSUMED benign interest rates. 4. Risk is inherent in […]

When Narendra Modi (Na Mo) won the elections there was euphoria. Then we were told Na Mo got lucky. Oil prices went down. Wow. but hey the “Modi Magic” continues in India.  Since last election of NaMo,  India has been blessed with good fortune. Here’s one way to measure India’s new found flow of money: India’s foreign […]

Some interesting views / quotes / observations about equity: 1. In the long run equity markets go up: Exactly why 100 of 1979 became 30,000 of 2015. The way the common man talks you feel it ALWAYS goes down. Laugh. Real loud. 2. Equity is under-owned because the common man feels that equity is risky. […]

If you think the marriage pressure is only on girls, you are sadly mistaken!! There is a lot of pressure on boys too. Even when a boy is “in love” and wants to marry a girl of his choice the following demands are pretty normal: – Why do you not buy a house of your […]

Guys (and girls) when you get into a marriage be careful about your money. Currently the odds are in favor of the women. Totally. So if a man leaves Rs. 20 crores to his son, his son’s wife (ex wife) can ask for half of that within one year of marriage. Talk about money, ring […]