I wrote a post on volatile markets a couple of days back and said: Is the market at a low? can it go to 15,000 – frankly I do not have an answer. today I received a note from Prashant Jain and he has used exactly the same nos. and the same words.. It is […]
Thanks to my style of writing many people ask me ‘What should be the strategy of investing for a small investor’ – the answer is simple. However we are Indians and we do not like simple things. If you have a brilliant mind, and think you can make money in your profession, and managing money […]
Here is a cut paste from the SEBI circular of what happened at their meet today: In order to help Mutual Funds penetrate into retail segment in smaller towns, the distributor would be allowed to charge Rs. 100 as transaction charge per subscription. No charge can be made for investments below Rs. 10,000. An additional […]
Some companies in India are more equal than others. Sahara is one such case. No clue about what they do. They can show a thumb to RBI, go to the Supreme Court over a matter, scare the regulator into taking action,…. Congrats to SEBI for passing the order – surely Sahara will say the matter […]
Arjun Parthasarthy – i think used to be a debt fund manager with IDFC mutual fund, and I have spoken to him a couple of times, long long ago. Now he runs a website www.arjunparthasarthy.com – I have not yet visited the site, but I found an article in DNA money authored by him. In […]
Osama is dead and Obama is rejoicing the murder. Surely 10 years ago – 9/11 Osama was rejoicing. Is there a difference between the two reactions? Well I do not know…. Taliban moved into the American airspace with American aircrafts….nobody in the USA knew about it…obviously. Obama moved into Pakistani territory, 30 km from Islamabad, […]
I did my CA so long back that in those days flying was considered risky and sex was considered safe! Well I did my articles in a firm called Sharp & Tannan. When our senior partner used to ‘finalise’ the accounts in his rather luxurious room WE have seen the clients sweat. He predicted the […]