No, nobody likes to talk about death. But people have to die, do they not? Even Devanand had to die! http://www.subramoney.com/2010/06/if-you-died-tonight-what-will-your-family-do A long time ago I wrote a piece ‘If you were to die tonight what would your family do?’- here is the link http://www.rediff.com/money/2006/may/10perfin.htm My question to all readers is to take some time […]
It is not that the retail investor cannot invest on his own, it is just I think the odds are terribly against them. Let us look at some of the foolish statements that I hear from time to time: 1. I do not make losses in the market: A wife told me that this […]
A few days back I did a post asking whether we need a trainer for our physical training. I got a few responses on mail, some on the comments page and some on the phone. Many people did not know what a trainer is supposed to do. Well, a good proper trainer is supposed to […]
Let us consider 2 investors A and B (I thought a long time before choosing A and B was wondering whether to use real names, then thought it does not matter!). They both have the same income, went to the same school, married similar girls, have similar risk tolerance levels…well they are almost twins. A […]
The technology space and certain sequence of operations in the finance space are big secrets. For example if I have developed a trading algorithm I would not like anybody to know the algo – especially if it is working well for me. Here in likes a dilemma – if somebody wants should you teach…or should […]
Here is a query that I got from a person whom I know from my blog….(I do not know her except through emails, but she is a very smart professional). Here is the query “Had a visitor from xyz securities yesterday. He wanted me to open a trading account offline.I have a broking account which […]
remember this story was written in July 2011….in fact on 10 July…. Did anybody tell Dhirubhai Ambani that he was very lucky? Take a ‘Taleb’ian view on the success of the late Dhirubhai Ambani. He was a simple man, not very educated, perhaps very well focused, and dammit, GODDAMN LUCKY. Make no mistake there may […]