What a true statement! Just remove real estate and replace it with “oil”, “gold” or “shares of Hdfc” – it does not matter. Asset prices fluctuate and is determined by demand and supply. Only thing is that this is a true statement – however the following conditions have to exist. 1. Uniformity of the asset […]
The jokes are just not stopping. A friend had bought a unit linked insurance plan from a company. As is wont with friends, he called me a month after he had received the statement. He was shocked to find that he had paid Rs. 200,000 and the statement was showing an investment of only Rs. […]
If you see some of the comments on my blog, Mr. Iyer has said that “kanyadan” is the highest form of donation – only thing is many women have said this is not true. After all, my daughter is not my asset – is it not? I do not know, but i like the www.akshayapatra.org […]
I had done this piece for SENSEX – a magazine run by the BSE (the mumbai stock exchange or bombay stock exchange) Reminiscences of a Stock Operator (Wiley Investment Classics) by Edwin Lefèvre Once upon a time, quite long ago – the US was a highly unregulated market. Very briefly, Jesse Livermore’s life as a […]
It is nice to be greedy when everybody is fearful….and vice versa! Surely you have heard this many, many times. One version of this is what ROBERT G ALLEN has said. To quote “Many an optimist has become rich by buying out a pessimist!
If you read what John Templeton says, you will believe that you need to create a diversified portfolio – a little of Japanese stocks, lots of American, some emerging markets, etc. in equity alone. Apart from this some debt – short term, long term, etc. Warren Buffet on the other hand says you should concentrate […]
I have really been overwhelmed by the response to my postings on charity. So I thought I will do one more posting on the same. Many people find it very difficult to believe that a bunch of middle class friends can get together to build a temple, or set up a poor feeding initiative. That […]