Watch, listen, and learn. You cannot know it all yourself. Anyone who thinks that they do, is destined for mediocrity. Donald John Trump. Obviously Donald Trump has said this with respect to life. This is amazingly true for markets. Ken Fisher calls it the TGH – the great humiliator. The minute you think you understand […]
I hate reading ‘draft proposals’ – and this hatred came from the student days hangover. When we were studying for the CA exam we had to know the ‘ACT’ and the changes that were made in the 6 months before the exam. Now if we read the ‘draft provisions’ there was a chance that we […]
Long ago when a good friend of mine was learning the basics of astrology, his father (and teacher) gave him a horoscope and asked him for his opinion. He said “it is a lousy horoscope” – this guy has no marriage, he will never own a house, he will not amass wealth, ….”. His father […]
It is always difficult to sell and do business, especially if you think that the ‘other’ profession you do is teaching. Let me tell you about a friend who came to me enthusiastically to buy life insurance (3 stories actually) One was a good friend – he said he wants to pay Rs. 20 lakhs […]
Madhu Soman of Reuters writes well – and is a keen watcher of equity markets and real estate (especially in Wadala and Kerala!). He had written an article for REuters – on 16th October, 2008 – and it was subsequently carried in ET.Here are the first 2 paras where Shankar Sharma….read on! “The world of […]
Ayn Rand says “money is the root cause of all good”. Indian philosophy says ‘money increases desire – and like ghee and wood to a fire – increases desire and misery’. Immaterial of whether you take the western view or the eastern view, all of us have at some point chased money, have we not? […]