Well one swallow does not a summer make…nor am I sure about this being a trend…however here it is. Real estate prices in Mumbai have (had) grown far beyond the typical working class person. So much so that real estate replacement price and not the product determines the final selling prices. So if you have […]
Property is seen as a safe asset. Most people have the following arguments for investing in property: – price can never go down – see prices in the last 10 years, my brother’s property has gone up 3 times !! Vow!! – God does not make more of it anymore, so prices can only go […]
How to marry a billionaire is a question many people reading my blog may be interested to know…here is an article..which seems to have a slightly ‘female side’ bias. However it has some useful tips. However it comes a little late for many of the readers of this blog – I see the average age […]
I had done this post long ago..sometime in July, 2009, when I met Prakash Mundhra for a Television discussion with Prakash Mundhra..about his investments. Today I am repeating this post…’cause it is worth reading about 🙂 Normally the MBAs I meet are the ones who start looking for a job by the time they are […]
This younger generation has no goals, no aims, nothing – we were so focused….so said a friend of mine. I am quite surprised and sometimes saddened when such remarks are made. Every generation has its stars, super stars, successful people, fraudsters, lazy bums, idiots,….in more or less the same quantities is the feeling I got. […]
 If you are a shareholder who started an asset management company and /or a life insurance company hoping to make money, God bless you! For those of us who are shareholders with the Birla, Hdfc, Tata groups – remember we are all funding the insurance and mutual fund businesses indirectly. Kotak bank, Hdfc ltd, […]
Recently met an old friend after a long time. He reminded me of an incident about 14 years back. This post is not about nostalgia…it is about building expectations. (the year 1996 to be precise) You must have heard in many lectures or read in some philosophy books that building expectations is the worst thing […]