When you went to redeem your units did you get a feeling that they were trying to stall your redemption? 3 mails which I had received made me sit up and think. Is there a pattern, I am not sure. However even when i have attempted redemption I have got the following reactions: – You […]
I have written a lot of obituaries for the Indian mutual fund industry….let us see what an American Investor pays for investing in a mutual fund. Most American investors go through a Broker-Dealer or a financial planner who acts as a B-D. Forget the myth of a fee-based financial planner – he is as difficult […]
It is surprising how the whole world wants a quick fix for everything. Instant weight loss, instead muscle gain, instant riches – trade forex, watch cnbc, …so go and get a quick fix. Write a cheque for $ 1 Trillion…and hey presto all problems will be solved. Correct? Either I am old fashioned or boring, […]
Well this is not a ‘how to guide’ – just a talk that I had with a ‘turn around’ specialist. I met him at a social function and what he said was interesting. Hence the blog article. Many of the things he told me were intuitive. So I will not dwell on things like cut […]
Is Warren Buffet wrong and seen as slipping? Well I could never read Snowball – i thought it was too boring. But now I have renewed respect for the author, so may read it http://epaper.dnaindia.com/showstory.aspx?queryed=3&querypage=6&boxid=30690538&parentid=115947&eddate=May%20%206%202010%2012:00AM However I may not agree with Alice on the Goldman Sachs case. There is too much heart burn all over […]
Only a person who has slept hungry may be able to appreciate this. While writing about the first incident I get goose pimples – and the incident is etched in my mind like it happened yesterday. It happened in 1988 or 1989, not sure about the year. I will not name the participants as most […]
Have you wondered why compounding works? Because most people who have passed 7th standard ‘think’ they understand compounding, but many do not. In July, 2006 I had done an article for rediff.com ‘How to become Rich with just Rs. 100″. I have no clue as to how many people read this article – it is […]