I have never claimed that I can predict well. However having been a broker and having dealt with bankers, I made two predictions – both went wrong. 1. When the Standard Chartered IDR was lapped up by the Indian population, I had predicted on this blog and said ‘now there will be a spate of [...]
‘Surprisingly even mutual funds are judged by their size, not by their performance’ – why is this so asked a student. This is a good question – and therefore difficult to answer! This is like going to a doctor because he drives a Mercedes benz. He earns well is for sure, but does it mean [...]
A lot of the money that I handle directly (family only) and some people who claim to listen to me (I have no clue where they buy, whether they buy, or whether they have sold)…are bleeding because of these shares: Allied Digital (-67%), Arvind Products (-54%), Brand House (-34%), Crest Animation (-49%), Jupiter Bio (-39%), [...]
Vijay Venkatram of wealth forum …has done a detailed analysis of the mutual fund industry. He is asking a question uppermost in most people’s mind -are the men getting separated from the boys? Personally I wish he had done an analysis with just the equity fund – as one of the tables- which could perhaps [...]
Many people have been asking me this question…’You say all this…but where do you invest?’. Well very clearly I invest only in equities. Other than a small amount in debt (which should be say next 4-5 years household expenses) + some money in PPF and planning to open a Senior Citizen Yojana a/c for my [...]
Fortunately or unfortunately most of the net wealth that I have created is by being in the markets and for long periods of time. However this did not lead to a career in Portfolio Management Services – simply because the method of compensation and the amount of compensation did not attract me at all. If [...]