Here is an article which almost looks suspicious because it is in The Economist. Also coming at a time when Mr. Ratan Tata is being badgered by the media this is a nice article. Read on…it is nice..by the way I am an unabashed admirer of the group…my Mom grew up @ Jamshedpur and still […]
There are some changes happening in the life insurance industry! Some leadership positions are changing hands. The coming in of a new Managing Director in Hdfc Standard Life Insurance has had its impact perhaps…or it is just the old favorite Hdfc Bank pushing its sales force and getting some rocking numbers for Feb and March? […]
I am not sure how many of you have read “My experiments with truth’ – actually it is not such an easy to read book. However there are a few things that I learnt from that book (and my mom keeps saying it so it is reinforced!) 1. It is your duty to take care […]
I do a lot of training for IFAs – here are somethings that they wish they could tell their clients: – If you can find all the answers on the net, please ask that website to get you a printout of your portfolio when you want, why should I call the fund house? – It […]
One very important fallacy is called the ‘Sunk cost fallacy’ – which makes us throw more good money after money already gone bad. Typically a lender keeps lending money to one customer hoping that this will enable the borrower to do well and repay ALL the money. Another manifestation of this is called ‘Averaging’ – […]
A few days back you saw the posting of a kid girl who had spoken about her financial life – and how a mess was created. So here is the solution to the problem. Before I start, let me be clear that this write-up is not a plug for sympathy! I am just intending to […]
Normally I do not share a client mail or a distress mail with all and sundry – however I have removed the numbers and here is an anguish from a girl who loved her late father, but realizes the financial mess that the family has got into. Since she has written well, I thought I […]