Having been in the financial services industry for a long time has its advantages and disadvantages. The advantages are you know many people. In fact too many people. So when a product is launched or being launched you get a sneak preview. I had got a sneak preview of the NPS’s rates. Looked too good […]
Oh no this is not in the Indian context, but when you use Google to tag some stories…you do hit on some interesting stories. A few days back Balakrishnan had written a page on the Moneylife site why you should buy from a bank relationship manager. I said chuckle, chuckle. Had neither the intent, willingness […]
Frankly I do not know whether gold is an investment at all. Over longer periods of time it has been a preserver of value rather than a grower of value. It is not backed by cash flows – you have to find a greater pessimist (only when you believe that there is going to be […]
I am really surprised when people ask me ‘Are we in a bull run?’ Why ask – Of course we are in a bull run. Collapse of a few economies in the world – in the middle east. The European crises – Portugal, Spain, Greece, UK…well not in that order, but you get the drift […]
A friend had gone for an interview and she was asked… Interviewer: Why do you want to do this job? She: I wish to make a career here, learn and serve your customers to the best of my ability….. Interviewer: Bull. Complete bullshit. You need to pay the EMIs..so every morning you will start lying. […]
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Let us take a typical Punjabi wedding in north India….there are many people who carry guns and fire in the air. Why the do it does not matter, but they do it. Or let us take the case of a kid who is asking his mother permission to go to a friend’s house – and […]