Funny when we started life, there was a lot of time and a lot less money. I am not even getting into whether we were happy or sad. Growing old has one great advantage – you fantasize about the past. You think politicians were honest (that’s true Pramila Dhandavate and Madhu Dhandavate were still alive), […]
The term Bear Market is not easy to define. A loose consensus is when the market falls 20%, it is officially called a bear market. Let us say the market has fallen from 21000 to 17000, then it is a bear market. However, just hold on, life is not so simple! Too many pundits and […]
Arjun Parthasarthy – i think used to be a debt fund manager with IDFC mutual fund, and I have spoken to him a couple of times, long long ago. Now he runs a website www.arjunparthasarthy.com – I have not yet visited the site, but I found an article in DNA money authored by him. In […]
One advantage of being in the industry for long is you establish contacts. …so you hear stories. Some you remember some you forget. Some journalists tell you stories, some call you for stories… If you were in school in 1977 and looked at Arun Shourie with stars in your eyes….you thought all journalists should be […]
When we we were in school, we were told we should read the newspaper. So we did read the news paper. Then came 1977 – so Indian Express, Ramnath Goenka and Arun Shourie became a habit. OMG we would even discuss the newspaper. When a letter got published in the ‘letters to the editor’ column, […]
If you wanted to make a career in a sport would you just watch that sport on television and hope to be a world beater? No, I guess. Similarly if you want to be a good investor watching television or the pink papers or the personal finance magazines and websites may be not the best […]
Parroting ‘time spent in the market is better than timing the market’ is done by many journalists especially in the financial sector. However it does not giving the following advise: “It is your money. So if you are nervous about the market move into cash” When there are dark clouds, when you are feeling sad, […]