What ails the life insurance industry today? Well the biggest worry is lapsation. They have other worries too – like the Swarup committee report, the small ticket size, the poor public image, the lack of communication skills in the sales force…but clearly the biggest worry is lapsation.
It beats me completely as to how an industry [...]
http://www.subramoney.com/book-written-by-me/
Star Plus is perhaps the greatest cricket expert who has never played for India. Since they know everything about the game, they should be made the non playing captain of the team. Every ball bowled, every word spoken, every catch taken – and of course dropped, every injury is analysed threadbare.
Conclusion: Indian bowlers bowled badly [...]
On the 1st of Jan 3 wise men came on a television channel and spoke about investing. Obviously they are very wise and they have a role to play when they come on television.
One was the head of a big life insurance company, one was the head of a brokerage firm, and one was the [...]
This is perhaps the most amusing comment i have read in recent times. I also like N Vittal’s statement – ‘you only hear bali ka bakra, do you hear bali ka haathi or bali ka Sher?’.
Similarly for many of today’s writers (including yours truly) the easiest thing to do is to attack the bakra. Catch [...]
Well for all those people who thought that 2008 is long past us should wake up. The world economy is not picture perfect as yet, and we are still in tough times – but it may look smooth. After all the world is also seeing this kind of turmoil for the first time. The Pre [...]
Media loves to bash the financial advisors. The main accusations about FAs are – they sell products which the clients do not need, they sell products which have the highest commissions, they do not know all that they should know….etc.
Let me now bat for the FA. A good FA should be well qualified (let us [...]
There are many signals which are likely to confuse you about bear markets and bull markets. Unfortunately the market does not ‘pre-announce’ the start and stop of ‘bull’ and ‘bear’ markets. You need to look at signals – monetary, philosophical, psychology, and physiological!
You could look at how people behave, what they say and what they [...]
If you wanted to make a career in a sport would you just watch that sport on television and hope to be a world beater? No, I guess.
Similarly if you want to be a good investor watching television or the pink papers or the personal finance magazines and websites may be not the best way [...]
Now that entry loads have been abolished the media will want to don the role of an investment advisor. Not that it is bad for the media, it is disastarous for the investor. This column will try to demolish some of the media perpetuated myths. Today let us look at the top most media myth.
“When [...]
Markets in the country are going through a bad phase for sure. However, it may be an opportunity to buy if you are optimistic.
The main worries are -
1. There is a large sales force today far, far divorced from the end customer! They have no clue how the money is collected, aggregated, and managed. However, [...]