When you grow up in Ghatkopar and live there for 3/4ths of your life, most friends tend to be Jains. So over the past 10 days a lot of them called me to say ‘Michhami Dukkadam’. And as is wont, I repeated it. Little did I realize that I am communicating far, far more on […]
Most business people pay lip service to education and training. If you are a business man and know your business well you still need to learn about money. You need to be updated about HR. What about logistics? – really the works. Ask a group of business people if they’d be willing to attend a […]
Many companies are becoming like the film industry. Too much of the people costs are towards the ‘star’ – which leaves very little budget for other costs. Take a movie like Paa. It could NEVER have made money if Amitabh and Abhishek were to be paid market rates. However since it was a family made […]
The current generation of clients whom I meet is inheriting nice big round amounts of money. However since their own salaries are far, far higher than their parents, the amounts do not look big. This means the `inheritors` may feel bitter about some inheritance arrangements, but it is not leading to too much of litigation. […]
The number of people who advise investors to invest in Index funds is now increasing. Of course many of them are victims of the Great American media program. As long as Prashant Jain, Naren Sankaran, Nagnath, Sukumar are managing funds for me for a 2% fee why should I ‘index’ my portfolio? There are many […]
Sebi has discontinued the Edifar – a way of filing the returns with the exchanges, now what? Iris – a software company which has a significant presence in the personal finance info business has a service called corp filing. Corporate Filing Dissemination System….for the more curios people. This can be seen in www.corpfiling.co.in So if […]
One of the ways of getting financial information – and information about financial products could be the blog. Blogs are thought to be unbiased, but given the force of PR agencies and SEOs influencing blogs and the way people search…blogs may not be such a great souce. Competence among blogs is another major issue. The […]