Or Why you do not need an investment consultant ! If you need bypass surgery, you should find the most qualified surgeon available. If you’re getting sued, you should hire the best defense lawyer in town.These 2 are fairly obvious and I do not think you can do your own root canal surgery, brain surgery […]
‘How come you are so thin….and maintain yourself like that?’ -is a question that all slim / well maintained people (especially girls) are asked regularly. One question which they LOVE to ask BACK is ‘How come you are so obese’ – however that is considered impolite I guess? Let us look at what people do: […]
Today investing in equities is great fun, and interesting. So people go and read a lot of websites, books, magazines, articles – and find themselves nicely entangled in a web. Great. Then they read about the greats. So Warren Buffett tells them ‘Only those who do not understand what they are doing diversify’. Fantastic. Till […]
Here is a fictitious conversation between an asset-manager and an asset manager’s regulator. Asset Management Association: Good Morning, Mrs. Regulator. R: Good Morning, please take a seat. AMA: Sir, our business is not profitable at all, we need some help. Regulator: Oh yes, the Sarkar was also telling me that we need to help you. […]
If I did not know how the government works (no even now I do not, but some readers may think I know), I would have believed that the brokers association has done a good lobbying job. That does not seem to be the case. However the RGESS (Rajiv Gandhi Equity Saving Scheme) is likely […]
as a writer, blogger, investment adviser, I have searched up and down for a ‘good’ retirement plan. I still do suggest the Templeton India Pension Plan…but at an age over 45 – till then I suggest only a token amount of say 5-10k a month. here Babar Zaidi says something about creating your own plans. […]
Not very long ago people believed you finished your education, got a good job and relaxed. This is no longer true. Welcome to the next 20-30-50 years: 1. Taxes in all forms will GO UP: Frankly there is no attempt by any government anywhere in the world to become more efficient – this will force […]