The problem with risk is it is generally not visible. In most cases we wish to avoid it by PRETENDING that it is not there, or ignoring our inner voice which keeps telling us that there is risk. The worst thing is Risk is counter intuitive. Let me explain. In 2007 end and perhaps the […]
Here is a fictitious conversation between an asset-manager and an asset manager’s regulator. Asset Management Association: Good Morning, Mrs. Regulator. R: Good Morning, please take a seat. AMA: Sir, our business is not profitable at all, we need some help. Regulator: Oh yes, the Sarkar was also telling me that we need to help you. […]
1. Suddenly many jobs are being lost: Remember slowing down, closing down are not words that happen only to somebody else! It happens to the best. Only your salary is certain, the variable salary is really variable. I now know of several people who are EARNING about 60% of their claimed CTC. The variable […]
You have heard this so many times, but just once more -Tough times do not last, tough people do…. Not sure if it is the right thing to say now! Times are really tough. There are no clear signals. The rupee is weakening – BJP says it is because of the deficit and poor management […]
I am not sure about the social media and investment advice, but am worried about the people who talk about risk in the media! Let us see some comments: 1. At this point if you are afraid of the markets you should shift to a RISKLESS portfolio of debt funds, FMP and bank deposits. Yuck, […]
In all public forum nowadays (and even earlier) there is a tendency to blame the distributor. Let us see a typical debt market presentation: Fund manager: Hello, today we are going to talk about debt funds ‘Debt funds have done extremely well over the past few years….’ Journalist: Why is there no retail participation? FM: […]
This is an old joke – and you will find it on the net… Albert Einstein went to heaven and God introduced him to 3 people. AE asked the first person ‘What is your IQ?’ he replied – 190 sir! AE said ‘we can discuss my physics theories’..he asked the second person the same question..the […]