Is it worth being ethical and correct?

I have answered this question millions of times in my training and teaching sessions. And there are no clear answers. However students who ask this question need to understand that being ethical may be an end in itself. If something is an end in itself, how does it matter whether it should be done or [...]

Corporate Governance, my left foot!

Since everybody was now talking of Corporate Governance, I decided to see what it actually means. Well Wikipedia defines corporate governance as follows: Corporate governance is the set of processes, customs, policies, laws and institutions affecting the way a corporation is directed, administered or controlled. Corporate Governance also includes the relationships among the many stakeholders [...]

Equity Valuation: An alphabetic soup!

Financial advisor designations and Equity valuations – there are so many of them that you put all together, you can create an alphabetic soup. And life comes a full circle for me. When I started life (a few moons ago in the ‘80s) as a Chartered Accountant, I naively thought and believed that people invested [...]

Financial planner’s qualifications should be…

There is a complete alphabet soup as far as financial planner’s qualifications go! CFA, CFP, CA, ICWA, MBA, LLB, Bcom, Amfi pass, IRDA qualified, ….and still more. Does it really matter? Well your financial planner should know about you (perhaps most important), equity markets, debt markets, compounding, etc. Surely if you are looking for a [...]

Do you need a financial planner at all?

Uma Kannan is a good friend and an ex- blue blooded MNC banker. She calls herself a housewife, and is a great parent. Here she is taking potshots at her own ilk. She says when she was with the bank, she was a “rogue deal seeker” but she felt good in calling herself a relationship [...]