Ego and pride are not really useful elements while investing. Many investors I know have made money because of luck or research done by some other person. However when they apply their minds a little on the shares that they buy, they think they are doing research! My research for example, is completely outsourced to […]
My equity broker has a very high self esteem, spends a lot of time in meditation, practices and teaches Reki, and generally leads a very healthy life. I asked him once to explain the reasons of his peace of mind – he really looks tranquail. His choice of friends, clients, food, books, etc are all […]
Recently a friend passed on an article by Ajit Dayal – Evolution of the barber – or something like that. To summarise the article Ajit had said when he was young he went to a barber he said “chop it off” and the job was done. However today the barber tries to sell you gel, […]
Gurur Brahma Guru Vishnu Guru Devo Maheshwara Guru Sakshat Parah Brahma Tasmai Shree Guruveh Namah! Most Indians (sorry this may be homogenising all other religions!) know this prayer. Today is Teachers’ day. It is one profession for whom my fascination will never end. I recently met a Pediatrician with 35 years ex experience – she […]
Here is a story …said in a very spiritual context. It is just as applicable to us as ‘fund managers’, ‘relationship managers’, ‘ifas’ or…what have you. When the markets do well, we keep saying ” I got the client 43% returns” if you are such a genius why is your portfolio in the Red this […]
This is of course an old article inspired by Mr. Buffet’s thinking – or Mr. Graham’s thinking, language and concept of Mr. Market. It appeared in Moneycontrol long back….however things have not changed much. Mr. Market: Good trader but a terrible investor. When you push that ‘Place Order’ button or get that confirmation in the […]
When the guy/ girl selling “financial planning solutions” comes to your house and you happily part with the cheque is it her fault for asking or your fault for giving? This is a question I would like to ask all people who complain “I have been mis-sold to”. It is ridiculous that suddenly a retired […]