‘We learn from history that we don’t learn from history’ – Desmond Tutu It is a tendency of most, if not all, that bends us on doing investment mistakes repeatedly. Our own ego is one that pins us down saying “how can you go wrong? It is not possible, because you are the smartest guy […]
Billionaire investor and author Howard Marks co-founded Oaktree Capital Management, which is one of the world’s biggest distressed-debt firms. A renowned contrarian, his insightful assessment of market opportunity and risk are well known in the investing world. Here are a few pointers from his time-tested, fundamental philosophy. 1. Grasp the essence of contrarianism. When others […]
One may invest in mutual funds with the help of a financial intermediary i.e., a Mutual Fund distributor/agent in a Regular Plan OR choose to INVEST DIRECTLY i.e., without involving or routing the investment through any distributor/agent in a ‘Direct Plan’. ‘Direct Plan’ and ‘Regular Plan’ are both part of the same mutual fund scheme, have […]
The fees for class of 2017-19 batch of IIM-Ahmedabad will be Rs. 21 lakh for the two-year MBA course. Laptop computer, personal expenses on boarding, travel, clothes and laundry are extra. https://www.iima.ac.in/web/pgp/apply/domestic/expenses This is 400% higher than what the B-school charged in 2007. If the fees of the management course continues to rise by an […]
NSC is deemed to be encashed on the day the holder becomes an NRI, while PPF account is deemed to be closed if the status of the account holder changes. With changes in investment rules for select small savings schemes, the government has said such accounts will be closed before their maturity in case status […]