Here is an article which almost looks suspicious because it is in The Economist. Also coming at a time when Mr. Ratan Tata is being badgered by the media this is a nice article. Read on…it is nice..by the way I am an unabashed admirer of the group…my Mom grew up @ Jamshedpur and still […]
Property is seen as a safe asset. Most people have the following arguments for investing in property: – price can never go down – see prices in the last 10 years, my brother’s property has gone up 3 times !! Vow!! – God does not make more of it anymore, so prices can only go […]
Bankers in Europe did not behave like this when they were paid moderate salaries. By the time they were in their 50s and could retire they still had to worry about their partnership in the bank to be sold. Indian, Japanese and some other East Asian bankers are not in the same set as the […]
Almost every day somebody asks me this question! This question can take many forms – sometimes a student doing is engineering asks this question or sometimes it is the student’s parent asking this question. Even when a kid is 5 years of age parents need to plan for a ‘good’ education. Good education normally means […]
When people talk to me about retirement – they compare themselves to their parents. There is a large population that has already got it wrong. I met 2 people who have crossed 85 years – BOTH said ‘I thought I will die at 76-77, my father died at his age of 74, I did not […]
As part of the management of a company I need to conduct interviews. Now if I understood technology, I could have asked questions on technology. My knowledge of technology, macro economics, micro economics, HR, accounting, marketing strategies, – is limited. Most students would look at me ‘Are you from Mars’ if questions from Dalton, Sheldon, […]
“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” – […]