If you were a big businessman would you create COMPETITION for yourself? Kind of a stupid question right? Let us see what the Government of India does! In the life insurance business it already OWNS India’s most valuable player viz LIC. However it creates SBI, Star Union Daichi, Canara Hsbc Insurance, Idbi Fortis, ….and I […]
I have been asked this question a zillion times and I have answered it a zillion times….so there is a sense of exhaustion. So here is a Buddha Story…… One day an atheist comes to meet Buddha – and he comes early morning so that nobody can see him coming…and meets Buddha. As soon as […]
When the index was at 21000 we all were sure that it was just a little while..and we would be at 25000….well it never happened…then at 9k we were sure it would be at 6k..but it never got there either. The way we think so, is affected by the ‘Recency effect’ – the events closest […]
Well well. Once upon a time long long ago we heard about Arithmetic Mean, Geometric Mean, Harmonic Mean and Standard Deviation. Then we promptly forgot how to use them. People keep asking me ‘When should I use AM and when GM? For relationship managers this is a very important question. AM is very useful when […]
If you do not understand the basics of a subject..statistics do not help you. So if you do not understand investing..it becomes easy for the salesman to tell you a story..with numbers.. If you understand cricket you will appreciate the examples: Inzamam Ul haq.. has a better batting average than Sachin Tendulkar in New Zealand. […]
Dear Sir, I have just retired. I do not have any pension and have got my provident fund settlement from company of Rs. 25 lakhs. I would like to invest it in a safe, risk-free instruments and also get good returns. Pooja Jayaraman Typical Media answer: This is your life time saving, and you are […]
As is customary there is now a series of interviews to find out whether we are in a bull market or a bear market. Udyan Mukherjee is speaking to a host of experts to ask for their views. Rakesh Jhunjhunwala – (whose call on the IT stocks last June was bang on target) says we […]