Let us see what your banker says…..and how you should interpret it… It is not easy being a layman today! The amount of ‘advise’ that is dumped on you is stunning. Advise on where to travel, when to travel, how to reduce weight, how to impress your girlfriend / wife / boss/ …, grow your […]
One friend (lets call him A) came to me complaining about another friend saying ‘D has not returned my loan of Rs. 44,000’. He perhaps wanted a shoulder – and my readers know ‘I hate tears’ (LOL: Amar Prem, Rajesh Khanna!). So I turned and said ‘Why did D choose you to borrow from?’ A […]
End of the road for gold? No, surely not. However it is time to be cautious for sure. What are the risks in gold? Or is it that there are no risks at all, as some readers would like to believe? Well let us look at some of the risks: 1. It is not an […]
I have no views, and I have no position in gold. I do not understand bullion or most of the commodities. This is a caveat. However, I know one thing – price is determined by demand and supply. This is universally true. And has always been true. Now one story I keep hearing is that […]
If I do a quick analysis of my portfolio, I have made money largely from companies very high on compliance. The groups are Tata, Murugappa, Sundaram, Birla, Hdfc, Multinational companies. Not sure whether clubbing Multinational companies in one group makes sense – largely it is the American companies which have shared their prosperity with their […]
Let us consider 2 investors A and B (I thought a long time before choosing A and B was wondering whether to use real names, then thought it does not matter!). They both have the same income, went to the same school, married similar girls, have similar risk tolerance levels…well they are almost twins. A […]
Whenever you interact with people and are in some service – or when you are taking risks, making things happen, interacting with others, or in the public eye – you are bound to make mistakes. This is like if you are cycling the question is not ‘have you fallen’, the question is ‘when did […]