There are many kids of today whose parents still believe: – PSU jobs are safe and the best -dealing with a government agency is good, because they will not cheat you Sure Psu jobs are the best -ask the retiree from Air India who has not been paid his dues…for the past few years. So […]

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A friend called me with a surprising question. Let us call him M.D. He bought a house in Navi Mumbai for about Rs. 80 Lakhs, – of this about Rs. 55 lakhs was funded by a loan from the State Bank of India. Over the last 4 years he had paid a lot of interest, […]

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When my young sis Chandra Anil gave up a lucrative job in the Tech space and took up a job in helping kids..we were not surprised. She graduated when Y2K was at its peak..and she told me …’Sorry, tech jobs are boring. How exciting can it get when you change a ddmmyy to ddmmyyyy? Blunt? […]

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The more I see other industries the more I am convinced that financial mis-selling is causing lesser damage than others. For example a person may end up buying a higher commission product..that is about the worst thing that can happen. I have heard horror stories from gynaecs about the kind of horror stories in their […]

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Is the financial service industry doing anything for society? I mean is there a VALUE ADD or is it just getting more and more out of the value adding channel? Not sure? Ask MBA colleges – the financial service industry is a big saviour. Whether it be ICICI, Hdfc, Kotak, Indiainfoline, – all their arms […]

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These are stories about a few friends. I have 2 friends – aged about 57 years. They were classmates and are now very close to retirement. Their investing philosophies are so different that I could not believe that the accumulated amounts could be so far away from each other. One of them did his MBA […]

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  Am more than convinced that frauds are just waiting to happen – all you need is some little effort. In case you start a “We save stray dogs by covering them with blankets”. All you need is some good campaign, a nice network, some religious leaders to back you, some social leaders to get […]

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