I have known many men who have died in their 90s. This has meant that they lived off a) their portfolio b) their pension or c) with their children. The average age that I see that a person lives in retirement is about 25 years. Retired at 60 died at 85 or retired at 65 […]

The young kids go through a lot of spending peer pressure. The places where they eat, the brands that they buy, the shops that they buy from – all are ‘peer-decided’. However many of these kids go through a lot of stress. 2 girls earning Rs. 25,000 per month may be having very different needs! […]

In a bull market (like the present one) people tend to see their portfolio far more often than in a bear market. How do we know this? American research. In India we cannot do research and data driven articles – we just don’t do enough research anyway. Right now you are not sure if it […]

In 1999 we were members of the National Stock Exchange – a membership got by writing a simple exam in Raja Shivaji School aka King George at Dadar/Matunga. WE went for a meeting to Citibank and they showed us a machine which allowed you to buy a refrigerator or aircon without going to the shop! […]

I am not qualified to say whether you should invest in an AIF, I am just saying “what should be the pre-qualification in an AIF? If your LIQUID net-worth is less than Rs. 10 crores (I mean other than the earmarked GOALs money) and you are willing to risk say 50% of your capital, while […]

I used to consider the performance of my portfolio to be fine – but did not take enough credit for DOING NOTHING aka sitting tight. Now let me tell you that it seems to be an art! One devotee in a temple was asked to serve food to a long queue of people – and […]

Thaler may not have realized how much he has NUDGED the mutual fund industry in India! I have been doing a round of meeting CEO of the mutual fund industry, and it has been a pleasure. This is a mid journey report – and I may do one more, but no promises yet. Behavioral Design […]