True or False: Regulators are appointed to: a) protect the customers b) protect the manufacturers c) regulate and develop the industry d) to speak the language of the strongest manufacturer and help the well established ones. Zero marks to people who chose a, b or c. Let us take the Insurance Regulator’s role. EXAMPLE ONE […]

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I am planning to do a series of articles on how clients get ripped off, this is the first part. The manufacturer – distributor – client is a very funny relationship. It is a tussle where everyone wants to win (as usual) and who ultimately wins is difficult to know except over a long period […]

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Understanding mean, median, mode, standard deviation, regression, reversion to the mean – is a pre-requisite to understand financial markets. Let us see some simple examples: It rained 90mm in Mumbai on 22nd July. If it rains like this for 6 months continuously, Mumbai will be drowned. It was 43* C in Lucknow on 23rd May. […]

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