How stubborn can Central Bankers be? It is surprising – and I am not saying it is easy to be a central banker..just commenting. Inflation in the US and UK are about 5% – if you ask the people living there (increasing ‘consumer confidence’ is inflation assisted). However the Central Banks are refusing to believe […]

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Most of the ‘average’ students today do an MBA and get a degree. Now this could be from a great college, a good college, a bad college or a downright stupid college. Let me tell you the salaries that were being offered for these graduates. It is really appalling. For example I remember that there […]

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Over the past few years that the mutual fund industry has existed it has not grown as much as people would like you to believe it has. There are about 800 schemes – equity / predominantly equity schemes. If  you sort the folios PANCARD wise, I do not think there are more than 100,000 reasonably […]

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