There is mis-selling in mutual funds. True or False? Frankly I do not know what is mis-selling so I cannot comment. This is what a rational person is supposed to say. But our powerful mandarins say yes, yes…we will legislate against it. Will the SEBI please stand up and come out with a white paper […]
For many people life is very clear. Parents decide what a kid should study, what they should do in life, whom should they marry, even when to retire. For some kids service is not an option. For some kids business is not an option. For those who are caught in between the decision to be […]
this is reposted because i have written a sequel to this…and that will appear in a couple of days… When a young enthusiastic kid (she reads the blog and finds it embarrassing if her name is used!) came up to me and said ‘Sir, if I have Rs. 10 crores in my life, I will […]
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 […]
At my age I should be on the side of the parents of 24 year olds – but funnily I am finding it difficult in many cases. This is perhaps because many parents are like Hiranyakashipu (please read Dasavatharam). Hiranyakashipu was a demon who had so much ego that he wanted to be God. People […]
Does it sound funny? Well it is not – it is a Gandhian concept (for the more ignorant people, I mean Mahatma Gandhi, no relationship to Feroze Gandhy who changed his spelling to Gandhi). Mahatma Gandhi too would have had many small problems – stomach ache, headache, injuries – but he choose to concentrate on […]
Just attended the 1st birthday of MoneyLife foundation – the magazine is older…Dr. K C Chakraborthy, Rbi deputy governer was the chief guest. Sanjay Nirupam of Congress (earlier Shiv Sena- the original) was also a guest… I liked the way Debashis introduced Dr. Chakraborthy. Dr. C is a nice, simple person who is quite humble. […]