There are so many people today masquerading as financial planners, financial trainers, financial experts on media…I was amused when I heard the statement ‘Equity markets give good average returns’. If you ask me this is brilliant but useless advice! Why? Because to understand equity markets you need to understand Arithmetic Mean, Geometric Mean, Standard Deviation, […]
Hi kids of the graduating batch of 2013! There are certain things that I ‘forgot’ to tell you in 2011. It is also called ‘suppresso veri’ – well it is a legal language to mean ‘hiding of the truth’ but my job did not allow me to tell you the following. The following is also […]
Well well. Once upon a time long long ago we heard about Arithmetic Mean, Geometric Mean, Harmonic Mean and Standard Deviation. Then we promptly forgot how to use them. People keep asking me ‘When should I use AM and when GM? For relationship managers this is a very important question. AM is very useful when […]