The Sensex may have given 19% returns over 33 years, however it may not have given 19% in any particular year! This is fairly simple – the standard deviation is quite high, and good years are followed by bad years. Simple. In the year 2011 the sensex’s performance looks bad because of the poor […]
Not sure how many of you have read ‘Straight and Crooked Thinking’ – it is a book about writing and speaking in a complicated / simple way. Now let us look at the mutual fund industry: Facts: Entry loads have been abolished. There have been a lot of redemptions in the equity schemes. There has […]
I recently saw a post which said ‘Alert Investors already know about ULIPs’. Amazing half truth :). Once upon a time Arun Shourie said “In India what you say depends on where you sit”. This is so amazingly true – look at the Women’s Bill. BJP says it supports the bill, Congress says it wants […]