Let us say you are 50 years of age and you think that you have another 5/10 years for retirement. What are the steps to take? First question is how can you be sure that you will retire at 60 years of age? Well you can’t. Hence you do not know whether your retirement is […]

Is there risk in the Bharat Bond ETF which is now being offered as an NFO? Yes, let us put things in perspective. If I tell you that ‘Bharat Forge’ equity looks like a good buy at Rs. 400 and will double to say Rs. 800 in 5 years time, I am giving you portfolio […]

In 1993 Mr. RH Patil (now late) was trying to convince me that NSE will create a robust debt market – Retail and Wholesale. There are too many reasons why this has not happened. Neither will it happen. Why it will not happen is a book in itself. So we do not have a classic, […]

Many times in the past I have mentioned that I am not a director in any company. I am happy about that position. One important learning from a long investing career is that we get carried away by a successful person. For eg I have met successful businessmen who are hero “worshipped” in their organisations […]

I just did a post on “Long term capital loss” …here is the sequel. Many people think that Long term alone will cure all the ills of poor stock selection, stupid asset allocation, illogical lack of insurance, …etc. IT WILL NOT. Long term is good if the compounding is positive, but cuts viciously if you […]

Subra I have been holding these shares since 2008 and I am yet to make money on this share, what have I done wrong? Which share is this I asked. It was Suzlon. Bought for Rs. 279. I said “tell me another story”. He said he lost in a reputed group with reputed groups! Tata […]

Normally when we talk about GOALS we think of the Arjuna and Drona story. There is an even better story. Not very many people know this story. This story appears in Kathoupanishad (aka Nachiketa’s story). Nachiketa’s father – a very big and learned man was doing some “charity” – Vajashravas (name of the father). The […]