When an extremely smart friend – a young CA – about 15 years younger to me called me and said “there is no style purity in Icici Pru Val discovery fund” I was surprised. I do know that a Val discovery fund CANNOT have a style purity!! It has to be market cap agnostic, industry […]
Most people invest in 10-12 fund houses thinking that they are diversifying well. Actually when you meet many fund houses, you realize that each one of them has a different agenda at different points in time. For example Hdfc Mutual fund today MUST be having an agenda to show a high aum (normally they are […]
The Unusual Billionaires – one book which I have been postponing…but will read shortly! The author Saurabh Mukherjea, of Ambit made a presentation at the Morningstar Conference in October, 2017, Mumbai. Here are some excerpts… Most of us know that investment decision making is about fundamental investing. The fundamental investing starts with looking at the […]
I have dealt with rich people or very rich people for a long part of my life. Right from filing their Income tax returns to going with them to the Supreme court to fight with their partners, brothers, cousins…to doing their investment analysis. Here are some of my observations about why they keep getting richer. […]
At my age attending Investment Conferences is not of much use. Not that I do not have anything to learn, just that I do not have enough time left in life to be implement new learning. So learning is not of much use – except of course to write blogs. What did I learn from […]
I attended the MIC in Mumbai 2017, and those who follow me on Twitter and FB saw my tweets. I also did 2 posts – one about what Uday Kotak said and one for the perma bull Ridham Desai. Here is a kind of penultimate post on what the other biggies said – Prashant Jain, […]