Ego and pride are not really useful elements any where. So even while investing ego, pride, etc. have to be packed away in a box and tightly secured in a box. Many investors I know have made money because of luck or research done by some other person. However when they apply their minds […]
this post is partially repeated…it had appeared a couple of years ago in this very blog… I am sure all of you know the cap seller and the monkey story. So why am I telling you the same story again? No this is not the same story, it has a twist. A cap-seller was […]
The most important thing about a regulator is he speaks in the language of the MOST powerful player. Period. So if it is RBI he will speak in the same tone as State Bank of India. If it is Insurance, it will sound like LIC and in case of mutual funds it used to be […]
I have referred to investment risk very many times in the past. This is a really scary risk in the Indian context NOW, as the inflation rates are sky rocketing. What exactly is Inflation risk? Inflation risk is the danger that an increase in price levels (normally for a sustained period of time) will […]
The Reserve Bank of India has just issued (I mean I just saw it at 9.30pm) a circular signed by its CGM – Alpana Killawala. This says the investigation of the cobrapost.com episode (where they had showed bankers talking about money laundering) will be over by 31st March, 2013. Great. The investigation will exonerate […]
When you have lived long enough on the planet, you have one great thing – the ability to look back. Obviously I can look back on investing and can look back about 33 years – when I started. It is also the same age as the relationship with my friend / philosopher / guide […]
In the 1960s if you wanted to buy a house, it was considered almost impossible to get a home loan. It was only in 1980 that Hdfc started giving home loans – and that too sensible amounts. That explains why Hdfc is so popular – people love the guys who gave them the HOME. Especially […]