Whenever there is a group activity, and there are costs, pricing comes into play. The problem is NOT everybody understands costing. I would daresay that most people do not understand costing at all. Let me give you an example from a Running club. These are the costs incurred for conducting a run: Transport (Rs. 1200), […]

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A thing looks expensive or inexpensive, healthy or unhealthy, good or bad – depends on the lens through which you look. Just change the lens from short term to long term lens, clarity comes on its own. Take a sweet for example. For the short term (30 seconds on the lips/tongue) it looks great, but […]

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Hindu Business Line is a good newspaper….and they normally do good stories. Here is a story based on THEIR reporting of the Rajiv Gandhi Equity Scheme. Most people have not been able to comment on the RGES because the details are sketchy. From the Hindu Business Line article, I learn that: It is a scheme […]

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Two mutual fund agents had similar stories to tell. Am not sure whether other IFAs too have a similar story to tell, but here it is.. I F A grievances: 1. Clients are short term pleasure seekers: both the IFAs have been in the business for more than 10 years and have upwards of 500 […]

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