Manish talking to Puneet: Here is where I disagree to some extent , If you disagree that Tradional Insurance can beat Term + Balanced Funds in long run , then you are disagreeing the fact that Equity investments risk goes down in long run , Take two case Case 1 : A buys Traditional Insurance […]
There is a fantastic group in South India – the Murugappa group – for me they have made money. That is a good test of management. I have been an investor in EID Parry, Cholamandalam Investment and Finance, Carborundum Universal and Coromandel Fertilizers. All these have been in my portfolio for long periods of time. […]
A few days ago I was watching a personal finance program on ET TV. How some statements are now being thrown about is very surprising – and amusing if one were not bothered about the side effects. A portfolio for a 55 year old individual (5 years to go for retirement) was about 50% in […]
Thanks to the fact that I write and also run a blog, I get a lot of questions expecting ‘Yes’, ‘No’. Invest in ‘Hdfc Growth fund’, or ‘do not touch unit linked plans’ kind of answers. This to me is difficult. Even when people ask me “What do you think of Tata Steel?” (Ok when […]
Want to lose weight? Simple! Ask any body. You will get the following answers: • Join a Gym – a good one, ok? • Go for a walk every day for 3 hours • Do yoga. My cousin benefited immensely • Go on a starvation diet • Buy that ‘sauna-belt’ you can reduce weight exactly […]
While doing a risk review of a portfolio, I stumbled on a portfolio with 55 mutual fund schemes and 52 direct equity investments. When the investor asked me what was the risk, I said there was ‘concentration’ risk. I also told him he was running the risk of ‘over-diversification’ . He asked me to speak […]
I have a brilliant friend who has worked for many big and important media houses. He told me once – when he was heading a magazine – “I have made up my mind, please do not confuse me with the facts!”. This was when he was doing a story on mutual funds and unit linked […]