Nice to see many many many articles, blogs, even legislation which are meant to ‘help’ the uninformed, poor investor. Let us look at the assumption of what these intellectuals and bureaucrats think about the behavior of the end investor: 1. The investor is rational: Fair assumption based on the Economics that they have been taught […]

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‘My Grandson has run up a HUGE debt…fool he is, so I am going to repay it in one shot’…………….said a friend’s father. Chuckle chuckle….DO NOT REPAY the loan I said. I said again R bhai, do not repay your grandson’s debt, it is not worth it. He was really shocked – knowing my anti-debt […]

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Two Judges of the Supreme Court have passed the Judgement which has said that there was a 2G scam and have given their reasons. Everybody is happy with the judgement – Prashant Bhushan, Anna Hazare, Raja, NDA, etc. So far so good. Let us see what was (should be?) the government’s role in Infrastructure development? […]

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One advantage of being in the industry for long is you establish contacts. …so you hear stories. Some you remember some you forget. Some journalists tell you stories, some call you for stories… If you were in school in 1977 and looked at Arun Shourie with stars in your eyes….you thought all journalists should be […]

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Oh no this is not in the Indian context, but when you use Google to tag some stories…you do hit on some interesting stories. A few days back Balakrishnan had written a page on the Moneylife site why you should buy from a bank relationship manager. I said chuckle, chuckle. Had neither the intent, willingness […]

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Long ago when I asked the mutual fund regulator’s office why there were no Mergers and Acquisitions happening in the mutual fund industry he said ‘because it is easy to get a new license’. Chuckle Chuckle. Now 3 companies Indiainfoline, Union Bank of India with KBC Asset Management and India Bulls have all got the […]

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Recently saw a ‘reputed’ group promoted life insurance company treat its employees shabbily. Norms were made to sack people. So a large scale sacking happened. When the large scale recruitment and branch opening was happening we were at the side lines saying ‘chuckle, chuckle…’ Now we cannot say chuckle, chuckle,…because a few thousand jobs have […]

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