a friend runs a school for tribal people…this is Maharashtra… I once asked him ‘How are the students faring in the exam?’ He laughed and said ‘I do not really know….I am sure a 9 year old is walking 7 km to and fro to the school…because the food is good’ So true…reminded me of […]
Just stepped down in our building to stand near a dead body being removed. Had no intention of going to the cemetary…suddenly there were not enough people willing to touch a dead body. Whatever be the reason this was the first funeral of a person whose name I do not know. This was the mother […]
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 […]
Thank God I am not an expert on debt. Or of debt repayments for that matter! The caveat first – I hate debt. I hate debt. I hate leverage. I rarely do an Options trade, nor do I ever buy a share in a Futures trade. All assets have been paid and bought. Now let […]
I have seen a couple of people related / close to me who had a illness / suffering. One of them took it like “God choose me to have this suffering..I am the chosen one”. Went through Cancer treatment ..well almost laughing. The other person wanted the sympathies of everybody else. Went through a lot […]
An industry can be called successful only after we see the status of all the stake holders. We saw how the employees and the sales force was feeling. Let us see something about the ‘customers’ and the ‘owners’. The customers of the life insurance industry can be divided into 3 categories: a. Those who understood […]
Caller: Mr. Subra I am happy you have taken my call…I am 73 years of age and have about 98% of my net worth in equity.. Me: My GOD! Sir I am aghast ..how can you have all your net worth in equities alone..it is too risky do you not know? Caller: Sir I did […]