Some lessons of investments, which need to be reiterated, lest we forget. These were learnt in the BULL markets for the next BULL as well as BEAR markets: 1. Stunning, shocking things which have never happened before will happen. With some great regularity. 2. No individual, organisation, state or country wants to look at long […]
Fiat money is about trust. You trust your government, hence you keep all your money in currency form, right? Take the case of a common man…and his conversation with a acidic Subra of Subramoney.com: Client: Hi Subra, I wish to discuss my financial life with you…May I? Subra: Sure Client: I have bought …..xyz […]
In the pre Sebi and pre NSE days, the BSE (actually it used to be called The Stock Exchange, Mumbai) used to do its settlement once in 15 days. Then it came down to once a week… This meant a lot of weak players would do transactions for a much longer period than what they […]