Here is one more story on attitude towards money. A few days ago I attended a function – a sangeet function for a friend’s daughter’s wedding. Here was a gathering of rich people…some rich and showing off, some rich and not showing off. Met an old friend who introduced me to another old friend (Europe […]
Whenever there is a talk about investment (greed) or insurance (fear) there are a few statements that I hear, and it does not help at all! Let me elaborate on those statements: 1. You have Colgate? I wish I had bought that share WHEN IT WAS THAT CHEAP! – you can replace Colgate with Hdfc, […]
No not another ban, just another blog. Please also see ‘Sebi bans ulips’ post and the comments. Now we have another problem – the sports minister Mr. Gill has found that the DLF ad contains the word India – and that should not be allowed. Amazing how Mr. Gill has nothing to do but find […]
I had to speak at a Church (Parish) in Mumbai on Investing. In a religious gathering it was necessary to keep in mind what the scriptures said about investing. So the topic I chose was ‘Scriptures and investing’. The Christian community is quite conspicuous in its absence in the financial services field – especially in […]
http://www.subramoney.com/book-written-by-me/ I started the previous post by saying that my portfolio has the benefit of one of the finest wealth managers in the country. So the mistakes here are completely mine. If he had a chance I would not have bought any of the following shares. Trusting the Chairman / CEO of a company: No […]
There are many myths in investment management …let us break some of them: Buy low and sell high: Such a simple statement to make, and impossible to do in real life. Buy cheap and sell dear. People would like to think this is easy to do, but remember whether a share is high or low […]