From all my posts if you have come to the conclusion that I am against PSU companies, you may not be very wrong. Are the employees in these companies to be blamed for their plight? Yes and No. I have known extremely committed and well meaning PSU employees. I used to know a person in […]
I think this is not an article, this is a caveat. When you read my articles, please understand that I suffer from the following biases: 1. City bias: I have lived my life in the comfort of a city with good infra. The infra has been deteriorating over a long period of time, but I […]
I get kinda irritated when the kids I teach ask me questions for which they can find answers on the web. What is a hedge fund and what is a mutual fund is a question that I have been asked a zillion times..so here is an attempt..I hope you like it..expect it in the next […]
Mostly people look for capital gains. Not sure why …maybe it is the media effect or friends effect.. Sadly not enough data is available in India about the returns – even company websites do not have the details. For e.g. I cannot know how my shares have fared if I bought Wipro in 1980 for […]
Arjun Parthasarthy – i think used to be a debt fund manager with IDFC mutual fund, and I have spoken to him a couple of times, long long ago. Now he runs a website www.arjunparthasarthy.com – I have not yet visited the site, but I found an article in DNA money authored by him. In […]
It is funny how many people want to get returns far (the operating word is far) greater than the index! Over a 54 year period my father has got a return greater than 14% p.a. in Hindalco. This is not good, it is great. The two important things are ‘r’ the rate of return and […]
Let us take a typical Punjabi wedding in north India….there are many people who carry guns and fire in the air. Why the do it does not matter, but they do it. Or let us take the case of a kid who is asking his mother permission to go to a friend’s house – and […]