When a friend who has Rs. 3 crores of aum says I need to create an income stream for my parents what do you do? worry about the loss of aum? suggest a MIP with 10% equities or tell the truth – the Senior Citizens Saving Yojana – now made convenient by being able to […]
Once upon a time long long ago I was part of an organisation which did the statutory audit of Hindustan Petroleum. My contempt for Public Sector Units only grew greater. However the people working in some of these organisations were far, far superior to some of the guys I met in the private sector. However […]
There are many people who like to make lists – tallest, shortest, fastest…but one list everybody loves to see their name on is clearly the Forbes’ list. The Richest Man. Sadly only the person with the highest net worth can be measured honestly. I know of one businessman whose office went overtime on the net […]