PMS accounts have drawbacks too. For starters, there are all kinds of money managers: good, bad, mediocre, and cheats. Clearly, it’s not worth paying for anything less than the best manager you can find. You cannot also find out who is good and who is not on any unbiased platform. There is no way how […]
If you think private fund managers (as in people running PMS services for private clients, not employed in Financial services companies, but stand on their own feet) are all greedy, you may be wrong. Here are 2 fund managers with a fantastic reputation. One was in a top job before he started his PMS services […]
A man was searching for something in a dark room. He was crying, weeping, screaming and yelling. He was upset. He was making a mess of the things kept in the room. He broke some and tumbled on others. Yet, what he was searching for, he could not get. He was blaming his wife, children, […]
So India was kicked out of the Twenty 20 World Cup, and a billion fans are crying about it. Correct? Let us see what we can learn from here: 1. In the T-20 format, it is far more difficult to predict than in other forms. Just as how no fund manager knew at 21000 sensex […]
Over the last many years after interacting with people I still cannot understand human behaviour. I can only say that I tried doing something! Over the past 3 days we did an event called the “India investment show”. Fund managers, analysts, company managements, come and make presentations – and the common man can walk in […]
Invest in an index fund – they will outperfrom the active fund managers by a mile. This is quite a normal advise by many financial advisors – especially those who charge a fee for advising rather than a commission. Of course indexing has its advantages – one of the most important being you are not […]
A few days ago I had spoken about the ‘Honest truth’ – Ajit Dayal (who runs a mutual fund and a big mutual fund distribution business) is the author. He has recently written about the ET discussion on mutual funds. He sounds a little sore about not being called to the summit. Surprising, because the […]