Whenever I do a program on investments or personal finance, people rush to me, and ask “Are you saying direct investment in equities is so difficult, that we should not do it ourselves?” My answer is normally yes. That is because for most of the people I meet – whether they be Relationship Managers in […]
“If you spent 13 minutes last year guessing about the economy and the indicators, you wasted 10 minutes”. I am not sure about whether I got the wordings correct, but Peter Lynch said something to this effect. I am myself not a big believer in asset allocation strategies based on the state of the economy […]
Many friends in the media will feel let down by this post! After all the media spends so much time and effort on the macro. Telling people that they should look at market cycles, inflation, demographics…. Warren Buffet says ” Ignore the Macro, Focus on the Micro”. Clearly business should be concentrating on what they […]