How funny we keep seeing this cycle of ups and downs…In an up we believe there will be no downs…and in a down we believe there will be no up! I thinking cycling and running – two things that I do help you handle such situations well! If it is a route you know (or […]
This is a fantastic headline to catch people’s attention, that is all. I have no clue whether the market will go up, go down, remain sideways,….NO CLUE at all. I mean it, really. I was in a bank class when the index had reached 10,000 (year 2008 I think?). One of the kids asked me […]
There is a trend that is visible and scary. Many people think that websites, magazines, blogs (including this) can substitute for actual work. Let me explain. Rakesh Jhunjhuwala and Vallabh Bhansali are the more famous names so I am naming them. Both are Chartered Accountants – Vallabh a rank holder at that. Both put in […]
“Investing should be more like watching paint dry or grass grow. If you want excitement take $ 800 and go to Las Vegas.” This is what Paul Sameulson the Nobel Laurete Economist from US had to say. In the Indian context I tell my students and my clients if you want a “kick” – […]
If you do not know why a big brokerage house is doing something, copying them because they are a big house is a sure way of wealth destruction. If you cannot find an attractive idea, keep your money in the bank account. Cash does not bite. If you want to trade, think like a trader. […]
These are stories about a few friends. I have 2 friends – aged about 57 years. They were classmates and are now very close to retirement. Their investing philosophies are so different that I could not believe that the accumulated amounts could be so far away from each other. One of them did his MBA […]
Last week I was speaking to one of the bright kids I work with. For practical purposes let us call him George Orwell. This kid (25 years old) was born in 1984 and has just started on a nice salary. He spends well but can put away a nice amount on a regular basis, but […]