Let me start with the caveats. I am a shareholder of L&T, and have been a shareholder for a very long period. I did my articles in Sharp and Tannan, which means I have done the audit of L&T. It was a great audit to be in – you got good food, good work, lot […]
I can choose the headline first and then fit the story! Confirmatory bias we call it. If i decide to do the following stories, I can : 1. Sell Infrastructure funds, they have underperformed 2. Buy Infrastructure funds, they have underperformed, but now they will start performing 3. We need infrastructure so buy infra stocks […]
This is surely an attractive title…but Suzie Orman says she has a Money book for the Young, Fabulous and Broke! So this cannot be a title for my book… Now what is young? Young is what young does! So young is somebody who is 10 years younger to me and old is somebody who is […]
Well depends on whom you listen to! There are many options about how to invest in a mutual fund. Let us see some of the broad options: 1. Online or 2. Offline The options in offline are – a) You go to a mutual fund house branch, fill the form and rest assured that things […]
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, […]
Continuing the state of the Life insurance Industry… One very important part of this industry are the agents. Now the agents are of 3 types a. National Level Distributors (non banks), b. National Level Distributors (banks) and c. Individuals (largely local level). The N L D as they are called seem to be making money, […]
For a minute forget what the various parts of the financial services industry is telling you. The profitability of this industry seems to be fantastic. Let us take 4 parts of the industry: a. Banking: Over the years the biggest and the richest fortunes have been made by bankers. No doubt about it. Goldman Sachs, […]