I have never claimed that I can predict well. However having been a broker and having dealt with bankers, I made two predictions – both went wrong. 1. When the Standard Chartered IDR was lapped up by the Indian population, I had predicted on this blog and said ‘now there will be a spate of […]
When you speak to a CXO level of person there are somethings you do not want to hear: – You know our systems, na….this is how it works! – Oh! this is just a small error – it is not symptomatic. – I know it is wrong…but everybody in our industry is doing it. Yuck. […]
I just cannot believe the kind of things the average American does…and the way he harms his body… Some of these things which my grandma did can help him…: 1. Do not buy bottled water – fill up the bottle!: Most of them consume so much of soda (gas!) in the form of Coke, Pepsi, […]
I have been bursting crackers now for a few decades and obviously have some ‘cracker’ wounds, but nothing serious. About 3 years back my daughter’s teacher told her “when you go to burst crackers you should carry a bucket of water…just in case…” So in the first year my daughter carried water on the first […]
When I make a trip to say Kolkatta to do a one-day lecture, I take an early morning flight..and reach Kol for a 11 am lecture. Now what are the risks for me and the client in this whole situation? – risk of me not reaching there at all. How could this happen? Well let […]
I had done this piece for rediff in 2006. It is relevant today also 🙂 read on… The most important animal in the markets is the pig. It gets slaughtered whether the bulls have a party or the bears have a party. That pig is your lay investor. I am not a doomsday specialist or […]
One professor of a college wrote into a leading personal finance magazine: “I do not agree with you…Equity is not a great investment. The Sensex started in 1978 at a base of 100 and in 2007 reached 20,700. This means 207%. Now this means it has given a CAGR (think compounding!) of 6.9%. We could […]