‘Hello Subra sir where is the market headed’ Me: I do not know. Inv Aspirant: Come on sir, you have been so long in the markets you will surely know. Me: to know where the market (I am assuming you mean Sensex, which is a derivative of the top 30 stocks in the Indian stock […]

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Here is a fictitious conversation between an asset-manager and an asset manager’s regulator. Asset Management Association: Good Morning, Mrs. Regulator. R: Good Morning, please take a seat. AMA: Sir, our business is not profitable at all, we need some help. Regulator: Oh yes, the Sarkar was also telling me that we need to help you. […]

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Most stories going around in the world are only about dishonest, misselling, cheating agents..do any of you have any idea about a few honest agents? The agency business is funny. Managers get people who are reasonably good in sales, but not too knowledgeable about the product, and make them agents.. here is a story: “I […]

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On a trip to Gurgaon recently I had a funny experience. I go there for training at Hdfc bank. Since the Gurgaon addresses are not normally easy to find, we use 1 or 2 known private taxies. So one such guy (typical Delhi name: Lucky) has a cell number and I call him. He confirms […]

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