Dangerous words in Investing
Ask any investment novice and he/she will tell you the most dangerous words in investing are “this time it is different”. Yes these are the famous ones. Let us look at the less famous ones…. We have a new product – the mutual fund industry has done nothing innovative since the SIP was IMPLEMENTED. NO. […]
doctors and financial advisors
You are a doctor and you need an advisor. How will you go about searching for one? You are a doctor and you have an advisor – or somebody you believe is an advisor. How do you know that he is helping you? IFA – Independent Financial Advisers – are expected to be Independent an […]
What is the price of truth?
Some time in the 1970s the dramatist, satirist, lawyer, political observer, editor, publisher, writer Cho Ramswamy came out with a play “Hey Truth, what is your price”. He proved that everybody has a price – money, position, promotion…there was nobody who could not be bought. Currently that seems to be more true than in the […]
Investment Prime time!
Yesterday I said “market will boom”. Today I am telling you some of the things that I like about what the government has got right. NO. It is not something which you do not know, but just enumerating them. It is not a Nbfc crisis. It is a Housing finance crisis and I have no […]
Market will boom!
Frankly I do not know whether the government’s trick of reduced taxation is going to have a great impact. I wanted to sound far more positive that I am and hence the title. Please don’t hold me to it. Most of the large cap funds are doing badly. No doubt about that. So now what? […]
Our traditions and wealth concepts
It is unbelievable about how much wealth philosophies we have in our tradition. Let me enumerate some of them from what I have heard, listened, read. It is fairly obvious that without good wealth philosophies we could not have had 33% of world GDP. Remember if you extend this to Hindu Rashtra – and include […]