Nasscom Leadership Summit has always been a place for good story-telling and provocative thoughts. This year, the spark came not from a software veteran or a BPO moghul, but a captain of an old economy industry. Anand Mahindra, vice chairman and managing director of Mahindra & Mahindra drew from mythology to call for game-changing innovation […]
It takes 20 years to build a reputation and 5 minutes to ruin it. If you think about it, you will do things differently. This is what Warren Buffet has to say about reputation risk. Frankly this is perhaps the most ignored aspect today in financial product sales. Most people who are looking to selling […]
Imagine a pyt comes to you and is selling you a complex currency and interest rate derivative. Your Director Finance and CFO do not understand the product after 3 rounds of explaining. So the pyt goes to a rating agency and gets a certificate saying this product is “Category B”. Now the ego of the […]
I have been asked this question a zillion times. Earlier to my personal experience with a South based famous group medical life insurance provider my answer may have been different. Now I am convinced that you should take it only from NEW INDIA or one of the public sector providers. Do not mistake me. I […]
When it comes to buying any asset – I am using it loosely there is a tendency to borrow. Borrowing actually helps you immediately by allowing you to buy beyond your means. The problem with most things we buy is that once we buy it, it ceases to hold any attraction for us. That is […]
This is not an article on market timing! I am still not out clearly on whether we are in a bear market, bull market, recessionary market, growing market or emerging markets! This article is about why you must invest TODAY! You must invest if you wish to have a corpus available for some life time […]
This is a joke on financial advisors. A rich man changed his advisor and was not to happy. While at a club, his friend asked him – hey how is your new advisor. The rich man said “Oh! he is good. After shifting to him, I sleep like a baby. I cry every hour!! 🙂