Not sure how many of you read about the prosecution of HSBC in UK… Whenever I speak to big branded banks they tell me how – – they have a fantastic risk profiling process – due diligence done on all products, issuers, exchanges….blah, blah, blah – how the client has to sign off on all […]
You walk into a life insurance company and buy a life insurance policy for Rs. 7934/- per annum for a Rs. 1 crore sum assured. The company accepts the cheque and asks you to go for a medical test. What are the scenarios that can happen? Best case scenario, they can say, yes you […]
When people read my blogs they may be getting a feeling that I do not watch TV at all. I do. I have a very old TV – and the clarity is not too great, caveat. I make it a point to watch ‘Comedy Circus’ and I guess it is an amazingly good program, and […]
I am sure you are all dying to hear what is this word…..well the word is NO. Nahi chahiye. Nyet. Nein. Vendam. Nako. Nathi Jothu. Do not want….. the single word is NO. When I was reading an article recently I saw an article with similar headlines…it was an article in Newsweek and it said […]
Not sure how many of you have read ‘Straight and Crooked Thinking’ – it is a book about writing and speaking in a complicated / simple way. Now let us look at the mutual fund industry: Facts: Entry loads have been abolished. There have been a lot of redemptions in the equity schemes. There has […]
I will also do a story saying that the IFA is doomed…and have done one already. However when I say IFA is king I mean there is a huge market of IFAs to whom you can sell. Obviously like all customers the I F A too will buy based on Greed and Fear. The Greed […]
Many people have asked me – do you trade? and the answer has always been – ‘kind of’. I am convinced that you can build a kind of permanent portfolio – but you need to be thick skinned, and deaf to all the noise around you. I have been told by many well wishers that […]