Can airlines really be profitable if ALL THE AIRLINES: – BUY aircrafts from the same manufacturers – Land at the same airports (and pay the same charges) – Use the same airport infra – recruit from the same pool – have a union that will decide the salaries and the bonus – fly the same […]
NPS (New Pension Scheme) was bad – I have rubbished it enough, but as if all that was not enough, the Parlimentarians have tried to make it worse. Why should a fund management company have only 26% FDI beats me. Stumped is the word. In the 1990s we allowed 100% FDI in Mutual funds, […]
‘The biggest risk in a portfolio is the portfolio creator’s inability to understand risk’ I have no clue whether Mark Twain, Warren Buffet, Peter Lynch, Taleb, or anybody else has made this statement…if they have not, here is a original statement from Subramoney. As originals are very rare, please remember you read it here first. […]
Either people do not understand or do not want to apply common sense….so some investment myths continue. Let me list some of the emails that I have received recently…. 1. ‘What ever you say about Gold, NO OTHER ASSET CLASS has given the kind of return that gold has given in the last 40 […]
When all of us feel that there is no risk, risk happens. Like all of us were sure that the markets will go from 21000 to 25000 it went to 9000. Market is a great humiliator -and exactly when you feel you have understood it all, it slaps you. At times it hits you in […]
About 6 months back I had a long list of shares to buy…rather discuss with my broker..let me share some of them.. 1. I thought Reliance was a great buy at Rs. 1150…he said hold on, do not be in a hurry. Today it is sub 800. 2. I thought Tata Motors at 1000 was […]
‘Life insurance is a solicitation business…..’ well no comments! Now Hari Narayan wants the agency channel to close down and only the bancassurance business to survive. Completely from my portfolio point of view, I am very happy. Banks are in a great position to know what you do with your money – and they have […]