A simple man starts a business. He then incurs costs, gives good service and makes some money. The money is enough for him to fund further growth, he expands and grows even better. Then he wants to establish himself further…BUT HE IS EXTREMELY WORRIED about his image and his business. Either he or his children […]
If I did not know how the government works (no even now I do not, but some readers may think I know), I would have believed that the brokers association has done a good lobbying job. That does not seem to be the case. However the RGESS (Rajiv Gandhi Equity Saving Scheme) is likely […]
For those who do not know I have not changed my broker and doctor for the past 33 years – and it has helped. My doctor is a homeopath who believes in detailed questioning, some little diagnostics and almost zero medicines. He has kept me off medicines for the past almost 30 odd years, and […]
A friend sent me a long list of life insurance policies that he had. It was only long – and literally carried no weight. None of the life insurance was bought because he needed insurance. The people who sold him policies were his doctor’s wife, his wife’s aunt, a colleague, a bank Relationship manager – […]
A friend called in to say ‘Subra even if one reader can start saying “I s…..d up and have made investment mistakes’ instead of saying the following: a. my aunt is an agent so I took a policy b. my father asked me to buy a house c. my relationship manager CHURNED my mutual fund […]
Believe me, buying a financial product is as traumatic as sitting with a doctor and discussing a report saying you have some killing illness. I am connected to many CXOs in the financial services industry and there is perhaps not one brokerage firm that has not offered its services to me. Among other accounts I […]
Warren Buffet is a great investor, and a great CEO for Berkshire Hathaway. He regularly makes very profound investment statements regarding the investment world…and the other managers. One of the statements attributed to WB is: ‘When all you have is a hammer, the world looks like a nail‘. This is easy to interpret. Take […]