Sir John Templeton said that the four most dangerous words in investments are “It is different this time”. I am sure we have heard this a million times! “India is growing at 9%”, “There is no alternative for international funds” FIIs are looking for growth. At this growth rate, India is cheap! Correct. But please […]
When it comes to buying any asset – I am using it loosely there is a tendency to borrow. Borrowing actually helps you immediately by allowing you to buy beyond your means. The problem with most things we buy is that once we buy it, it ceases to hold any attraction for us. That is […]
How will the markets be? He thought for a little while and said “It will be Volatile” – this answer is at least 100 years old. It was given by J P Morgan. And this answer is true today, and will always be true. After all prices are a function of exchange rate, demand, supply, […]
This is just a continuation from yesterdays post….so i will number it from 7 7. Finance is very simple, however simplicity is out of fashion these days. I heard that like common sense, responsibility, etc. Simplicity was also cremated, and so people require very complex sounding solutions. 8. The IFA who tries to give simple […]
Instead of telling you about why resolutions cannot work (mid Jan is too early to dampen your spirits, right)…let me tell you what I have observed about Investors: 1. Out of sheer respect for age, they tell me that they will do something but do not do: When I do a training program in a […]
No. This article is not about how Ram started saving when he was 21 and Ravan started saving at the age of 34. Then go on to say how Ram saved much less for a lesser period, and still has more money than Ravan. I am saying much simpler things. Ask anybody who is above […]
All investors are value investors. Or they at least like to believe this – so let us see why V. I. is so difficult to achieve, even though philosophically it is easy to understand. You just need to be buying when everybody is selling, it is so simple!! Well one amazing sentence that ‘market experts’ […]