When we were younger – the time when we were deciding where to study – most of us would not even think of studying abroad, unless we got a scholarship. Make no mistake – my dad could have afforded and would have paid for my education in the US. I got an offer for doing […]
The more money you have the more demanding you need to get with discipline in managing it. I remember a client with Rs. 200 crores of investible surplus once making a very very stupid investment of Rs. 5 crores in a PMS run by a foreign bank. I was aghast because he never did anything […]
Yesterday I was lucky enough to attend the 9th India Investment Conference (#IndiaInvConf) arranged by the CFA Society of India and it had a title of “Investing Insights for Uncertain Times”. Uncertain times and Volatile markets – these words have been used (over used) over the past 150 years at least, if not 200! Why […]
At the start let me tell you that the number 5 came from thin air – I could end up at 6, 7, or 4 – it does not matter! When I meet doctors, or generally anybody who attends my session I ask them one question: What scares you about your money life? Or “what […]
Success is not so much about money. Tushar Kapoor, Abhishek Bachhan, children of successful people like Rohan Gavaskar, etc. were born with a silver (golden?) spoon. They did not (do not) need any great success in life for a decent life style. Clearly none of them ‘earned’ enough to have the current life-style. However, all […]
I have written so many times about improving as an investor..here are some more. This is from a speech I gave to a bunch of equity enthusiasts..but it is not very original. Like I have always said I have stood on the shoulders of far superior investors and far superior writers. Here is an attempt […]
The underlying theme of this blog is to change the way you think about equities. If you have been lured into equities by some glib talking bank RM or IFA be aware that equity is not as sexy as you think it is. Or you were made to think. One of the biggest grouse I […]