There are so many people today masquerading as financial planners, financial trainers, financial experts on media…I was amused when I heard the statement ‘Equity markets give good average returns’. If you ask me this is brilliant but useless advice! Why? Because to understand equity markets you need to understand Arithmetic Mean, Geometric Mean, Standard Deviation, […]
Once upon a time we had sports. Then the sports became a business. Once it becomes a business, money maximisation becomes a must. So all games have to look ‘great’. So billiards has a lot of coloured balls (what the media did to make you shift from b/w to color is a different story altogether!). […]
No people do not ask me this question, they tell me. “I am sure you will agree…during such times one should sit on cash”. I almost wince. I do know that oil is floundering, the US $ is rising. Yes there will be a Greek vote, yes the Euro is clueless. Japanese currency’s strength is […]
A few days ago I did a post sayings ‘Indians are under-insured’. It was so good that Dr. Khan came and commented (!).. However some of the comments were really saddening! When a person died (and his son died with him) – his wife got more money on the child’s policy than what she got […]
A very delicate topic…and an interesting one I guess. Also there cannot be some general rules regarding how relationships get built. However I have heard of fathers on either extremes – those who are great and supportive and those who can leave scars on their kids. For those who have seen Anupama (an old Hindi […]
The best example that I have heard as a trainer regarding averages and standard deviation is the following: If one leg of yours is in the oven, and the other in a freezer, on an average you are comfortable. This is a big learning in statistics – the word average makes no sense […]