Are we in a bear market or in a bull market? Frankly nobody has been able to answer this question when the market is on! 3 months or 6 months later everybody will tell you that “May 2008 to Oct. 2008” we were in a bear market, however now we are in a bull market. […]
Money in the hand today is worth more than money that will come in tomorrow. Obviously money has a time value. However questions are never asked like this… For example a friend has a small cozy flat in one of the suburbs of Mumbai. He paid Rs. 77,000 for it in the year 1976 – […]
Being a trainer has its advantages – and it has its disadvantages too! The advantage is I have a ring view of the industry – and have shared it with many of my students. The disadvantage is one tends to get critical or some times hypercritical of events in the financial services industry. If you […]
Many good fund managers are beating the Sensex and the Nifty by a long margin. I am also seeing many individuals (yes the kind of people I meet is skewed) beating the index, and many times by a big margin. This is also because when I see my own portfolio (or my families portfolio) there […]
There is a lot of things that Western Economies – both European and American economies can learn from the Asian economies. Now if a few Indians were to say that – or Chinese economists were to say that, hmmm the big guys may be offended. However there is one of ‘them’ saying it…and loudly…nice to […]
People outside the financial industry may not realise the ails of the industry! Let us look at the brokerage industry. Not long ago – circa 199o even until 1999, brokerage rates were falling but still was about 2% per transactions. Then the corporate sector war started – chasing the top line to come out with […]
at various levels the common man has been told lies. The common man being the common man, he believes the newspapers, the television channels, the experts who come on television, the advisers, the media experts…..and everybody and everyone. Let us see some more of the lies that he/ she believe: 1. India is a socialistic […]