Wealth creation is a time consuming, easy to understand and very difficult to implement process. There are no cut fast rules on how to create wealth. Deepak Parekh, Uday Kotak, Rashesh Shah, Nirmal Jain, Raheja, Hiranandani, are all people who have created wealth by the greatest method. Run a good business, leverage with people […]
The mutual fund industry is going through a lot of crisis. New money is not coming in, people from other industries are not too keen to join the industry, aum is falling. Of the new money that is coming, it is clear that the older and bigger funds are doing well, but the smaller ones […]
For many people life is very clear. Parents decide what a kid should study, what they should do in life, whom should they marry, even when to retire. For some kids service is not an option. For some kids business is not an option. For those who are caught in between the decision to be […]
For many people doing their MBAs and CA there is always a challenge in defining financial services. Let us see what all financial services includes in India (as of now). Well it includes the following: Banking Life Insurance General Insurance Capital Market Services Mutual fund Leasing Hire Purchase Securitization Credit Rating Venture Capital Factoring Services […]
I am not even sure whether a conversation or strategy which some of us use should be part of this blog. However as an experiment here is a trend in some of our portfolios. I have no clue whether it will work in the future, it has worked in the past – say 20 months. […]
If you are a shareholder who started an asset management company and /or a life insurance company hoping to make money, God bless you! For those of us who are shareholders with the Birla, Hdfc, Tata groups – remember we are all funding the insurance and mutual fund businesses indirectly. Kotak bank, Hdfc ltd, […]
If your financial planner told you “The longer your time horizon, the more stocks you should own”. You need to tell him “Time isn’t everything. You must also consider I am a broker in the life insurance business!” It’s one of the basic rules of thumb: The more years you have to recoup losses, the […]