For many people understanding risk and preparing for the same is unheard of and non-existent. Here we are talking about a nice educated class of people who hold high positions and handle a lot of money. Like a friend says “Risk for these organisations is the quality of people they have hired to look after […]

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This is the time that most retail investors lose patience, panic and hit the sell button. If you did that, you may not be wrong. But then you may not be right either. Remember the best money managers (no not a businessman like Warren Buffet) have done well by protecting the downside in their clients […]

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For most small investors the guys who come on TV with a slick suit are “more knowledgeable” than the guy in a dhoti. That is because as Indians we like “phoren” rather than Indian. So is our quest for knowledge. Those people who have been long enough in the market know that one man who […]

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What a true statement! Just remove real estate and replace it with “oil”, “gold” or “shares of Hdfc” – it does not matter. Asset prices fluctuate and is determined by demand and supply. Only thing is that this is a true statement – however the following conditions have to exist. 1. Uniformity of the asset […]

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I know this may sound sacrilegious, but the housing loan (mortgage) interest deduction is the most over-rated tax strategy in existence. I constantly hear happy “homeowners“ boasting about how much money they “saved“ with their mortgage interest deduction. Asking your boss to reduce your salary would perhaps have the same effect.   If you are […]

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