A few days back I had done a story about risky financial behaviour. I had said 1-6, so here are the another 6 – from 7 to 12. I did not want to say here are 6 in a set of 22…’cause I wanted to leave it open ended.. 7. Time diversification: You cannot pay […]
THERE are two relevant quotes that I came across: George Bernard Shaw once said, “Whenever I go to my tailor, he measures me up”. John Maynard Keynes, the economist, once quipped when he was accused of inconsistency: “When the facts change, I change my mind. What do you do, sir?” Risk management is all about […]
Many people who read my blog ask me one question. Am I against real estate investing? The answer is NO. It is a capital NO font size 72 dark, bold, …what ever else you want. However the common man – or most of the people whom I meet are so poorly equipped to deal with […]
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 […]
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! 2. In the previous bear market the sales force (brokers) were […]
Well he/ she should know life insurance and mutual funds for sure. Should know famous books and names of authors – so that they know where to turn to if they want to know behavioural finance. Or how a Random Walk works. They should also know that Nasim Taleb has written more than one book. […]
Yesterday a simple question in the parliment made Icici bank scrip lose about 10% of its value – and recovered 5%. What really happened is a simple accounting necessity for marking down the investment. Let us take an example, I have “bought” a CDO (collatarised debt obligation)- this is a bunch of borrowers of a bank securitised […]