I meet people in the ‘well-off’ cadre. I mean people earning not less than Rs. 3L per month cannot be called ‘not doing well’ correct? Some of the things that I tell them, is impossible to believe. Not sure HOW many of you will even believe this (Subra do not think you know everything and […]
It is amazing how people will not do simple things to make money! Start early, index your investments, do not interrupt the compounding process…..but will continue to do stupid things. In 1600 it was tulips, in 2012 it was Social Media! The fall in market capitalization of Groupon is about US $ 20 billion, and […]
I have done a lot of articles on valuation in the past – and let me repeat, I am a old fashioned investor. I believe that I buy a share so that I can get CASH much more than what I outlay. I prefer seeing more cash up front (dividends) and not have to rely […]
It is not easy to give simple advice. It is ever more difficult to follow them. Simply because if you do follow them and make money, your MAIN assumption in life ‘what is complicated is good’ is shattered. Ok here are some old nuggets which I have said in the past, saying it now, and […]
At what age should one retire? How much money should a person have for retirement? Is retirement an age or a sum of money? Are there any great activities that I love to do which is PULLING me towards retirement or is the calendar PUSHING me towards retirement? These are questions that an individual […]
Aamir Khan did a story in Satyameva Jayate where he painted the doctors black. He said: there are huge (50%) kickbacks generic medicines are not prescribed, only branded ones are doctors perform unnecessary operations. Let us take the case of other professions: Chartered accountants, insurance agents, etc are also accused of  kickbacks unnecessary complications in […]
This year the xbrl return filing is likely to be extended to a bigger range of companies…Not sure whether and if it will happen, but that is what one hears. Last year was the first year of xbrl filing and year ending March 2012 will be the second year. Tagging of the 3 financial documents […]