Fund Managers need stories to sell the fund to the investor. Will they ever, ever say sell equity funds and wait in liquid funds? No. Will they sell equities and wait in cash on your behalf. NO. They cannot and should not. This is exactly where a PMS can step in. However I would recommend […]
Osama is dead and Obama is rejoicing the murder. Surely 10 years ago – 9/11 Osama was rejoicing. Is there a difference between the two reactions? Well I do not know…. Taliban moved into the American airspace with American aircrafts….nobody in the USA knew about it…obviously. Obama moved into Pakistani territory, 30 km from Islamabad, […]
If you do not understand the basics of a subject..statistics do not help you. So if you do not understand investing..it becomes easy for the salesman to tell you a story..with numbers.. If you understand cricket you will appreciate the examples: Inzamam Ul haq.. has a better batting average than Sachin Tendulkar in New Zealand. […]
http://www.subramoney.com/book-written-by-me/ There have been many quotes about Sachin Tendulkar. Why even Sanjay Manjrekar has quoted about Sachin (that is Sanjay’s greatest claim to fame). However this is one which is great: “When Sachin Tendulkar travelled to Pakistan to face one of the finest bowling attacks ever assembled in cricket, Michael Schumacher was yet to race […]
There is now a decent size clamor for Sachin getting the Bharat Ratna. Easily the most prestigious award in the country it is normally given when person is dead or dying. There was no dispute when Pandit Nehru got it. Of course that was at a time when people like Maulana Abdul Kalam said government […]
Shariah Investments in my portfolio, no thanks! Benchmark Mutual fund announced a Shariah compliant fund recently. Of course many mutual funds (Reliance, UTI, to name 2) are all in the process of launching and managing a Shariah compliant fund. What is a Shariah compliant fund? And what does it do? Shariah, the religious law of […]
Very rarely have i done a non finance posting. However there were 2 events which were stunning, so I thought it might interest some of you. It is about fiction being followed by truth. Sony TV carries a program called “Comedy Circus” and I think it is a great program on creativity. They carried one […]