There are somethings which I have not been able to understand, will somebody explain please? if 70% of the shares of Hdfc bank and Icici bank are held by FIIs, how are they Indian banks? if 100% retail is allowed to sell mutual funds and life insurance, why not tomatoes and jewellery? if a public […]
In Hindi there is a saying ‘Bali ka bakra’ – it is the goat which has to be sacrificed. There is no sacrificing of the lion or the elephant, but just a goat. We saw it in the case of the Adag -Reliance communication telecom scam also. Everybody knew who was the beneficiary. He was […]
I think this is not an article, this is a caveat. When you read my articles, please understand that I suffer from the following biases: 1. City bias: I have lived my life in the comfort of a city with good infra. The infra has been deteriorating over a long period of time, but I […]
This is a very broad question and the answer is not easy to give. First of all let us clear some myths about what the retail investor thinks a regulator should do and what the regulator actually does. 1. The regulator is here to protect the small investor: Very very very broadly yes, in real […]
When I see today’s youngsters – I of course find them restless. Yes, young and restless you have heard…but why young and so called ‘riskless’ ? Well for those who took up a job in 2007/8 (means born in 1985 or later) markets have not been a great – at best it has been lukewarm. […]
I met a well to do Financial Advisor, or rather should I say almost Ex-Financial advisor. He is in the business of mutual fund distribution, given up life insurance and general insurance distribution, does not entertain clients any more for direct equity, and does financial hand-holding for SMEs. He tried his hand at fee based […]
When I speak to well informed and educated investors (and advisers) the biggest retirement income worries seem to be the following: Market volatility, Regulatory changes, Medical expenses not covered by their medical insurance, Inability to maintain a complex portfolio beyond a particular age, Inflation and poor financial understanding. All these fears seem to be valid, […]