Sometime in 1994 a friend wanted to keep some money in a fixed interest bearing instrument. The amount was about Rs. 15000. He kept it in one company – let us call it Company A. Sometime in 1999 I was surprised to see that he still had his money there. I told him and […]

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Let us get it right, the real rich do not borrow. Never ever for personal expenses, buying assets or personal INVESTING. Borrowing and investing is a very foolish thing to do for most people. Will a Mukesh Ambani or a Kumar Birla take a personal loan to buy shares? Tough to answer this question? No. […]

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Let us start at the beginning….what is Libertarian Paternalism? Well it is a subtle way of making people towards rational choices. For example when a person joins for employment the employment form includes an AUTO sign up for an index fund. Say NPS to the extent of 3% of basic salary. The employer also contributes […]

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Fund Managers need stories to sell the fund to the investor. Will they ever, ever say sell equity funds and wait in liquid funds? No. Will they sell equities and wait in cash on your behalf. NO. They cannot and should not. This is exactly where a PMS can step in. However I would recommend […]

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how many of you have noticed that the Sensex and the Nifty may have gone nowhere in the past few weeks…but I have seen some explosive growth in: Cholamandalam Finance, EID Parry, Carborundum Universal, Tata Motors, Cummins…. just an observation and back patting myself…. PS: i MAY¬† have a trading position in these shares too… […]

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When the index was at 21000 we all were sure that it was just a little while..and we would be at 25000….well it never happened…then at 9k we were sure it would be at 6k..but it never got there either. The way we think so, is affected by the ‘Recency effect’ – the events closest […]

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So many people are asking me: Is it a good time to buy shares? Is L&T a good buy….it has fallen by Rs. 400? Is it time to put money in the Nifty? Should I average my Reliance Industries – I had bought it at Rs. 1200! Should I buy Suzlon..I had bought it at […]

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