Most of the Governments of the world have been subsidised by the middle class. Let me explain. The biggest borrower in India is the Government of India – about 80% let us say. Now this government along with the RBI can decide the interest rates for most of us. They decide: at what rate PPF […]
Well I have no connection with the regulator unlike some of my esteemed friends. The regulator does not know me, and I doubt if he knows of my existence. I doubt it. So chances of him calling me for ideas about how to simplify the mutual funds for the common man are not just remote, […]
Too many people in the media are obsessed about fund management costs. This is not a bad thing – after all this is the ONLY thing to which we retail investors have access, right. Fund managers on the other hand (ok the 3-4 fund managers who I have spoken with and who have over the […]
When any asset class goes up and keeps going up…people start finding reasons for the same. Normally you cannot find a reason. When you cannot find a reason, you have to say ‘Buyers are more than Sellers, so prices are going up’. Hey, this is just not sexy enough for our media. Imagine me going […]
Many articles in the media sound like PR handouts of the BFSI space, and it makes for amusing reading. Let us take articles saying ‘an income fund or a liquid fund is better than a bank deposit because it is tax efficient….etc. I do agree with that logic, and I do think that income funds […]
Let us face it, when the market was at 15000 most media stories were how: a) people had lost lots of money in the equity markets, b) how fixed deposits and PPF had given better returns over 3 years c) why people should be scared of the equity markets. One good thing about the media […]
I started off as a fan of Meru cabs – largely using it for airport trips initially. In fact at one point Meru became an addiction especially in Delhi and Bengaluru. In other cities Meru became very useful especially because I had no clue about distances and the geography. Then Meru started looking more and […]