This is perhaps one of the biggest lies that is told to children when they are in school and college. Then you have people like Warren Buffett who say “It takes a life time to build reputation and a very short time to lose it”. So you tend to believe that reputation is very important, […]

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In the Indian markets when one asset class is losing, other asset classes also catch up fast. So if you think you have invested in real estate, equities and debt – you may not be diversified enough. In fact if you have diversified across asset classes at all points in time, one of the asset […]

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A few years ago there was a run on a bank…surely nobody wants me to name the bank, correct? Well I will not. RBI went out of its way to rescue it. When I was talking to somebody in the management of that bank, he said ‘It is actually RBI’s problem’ – we have no […]

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Are the Indian promoters who destroy shareholder  wealth the worst in the world? Or are there some who are worse than that? In the American context there were AIG, Citibank, Goldman Sachs, Lehman, Freddie Mac, Fannie Mae… or should we talk about the worst environmental disaster by BP? Well well, the list is long is […]

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