A friend called in to say ‘Subra even if one reader can start saying “I s…..d up and have made investment mistakes’ instead of saying the following: a. my aunt is an agent so I took a policy b. my father asked me to buy a house c. my relationship manager CHURNED my mutual fund […]
I receive so much of advice these days on my inbox, that I would die if I read them all. So sorry I stick to a few people whom I can talk with, and reports I ignore. I do read reports of 2-3 brokerage houses – only if it is not STOCK SPECIFIC. One topic […]
I hope there is nobody out there with a gun to lynch me. Let me tell you about 2 contrarian calls that I had over the last 15-20 months, and which made me money. One was gambling that the dollar will strengthen – the world was willing to write it off. Moneycontrol carried the story […]
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 […]