MoneyLife has a story about how HSBC Bank took singer Suchitra Krishnamoorthy for a ride over a five year period by promising an extravagant assured return of 24%. Here’s the link Suchitra is quoted as saying that it is a…
MoneyLife has a story about how HSBC Bank took singer Suchitra Krishnamoorthy for a ride over a five year period by promising an extravagant assured return of 24%. Here’s the link Suchitra is quoted as saying that it is a…
When you understand the difference between learning and formal education, you will suddenly realize why financial literacy and education efforts does not work. Let me start with a question. Do you learn driving or do you educate yourself yourself on…
While talking to a group of Engineering students today, I gave them the good news that you don’t need to be an automobile engineer to drive a car. (Okay, you knew that already! :p ) And it applies to driving…
What is the meaning of information, and what is its purpose? Dr. KC Chakrabarty, Deputy Governor, RBI asks in his speech on “Beyond CBS, Fast Forward to Bank 2.0″. Excerpts: Peter Drucker in the New Information Revolution has said and…
My perception of Saraswati is as the Goddess of Learning. I have also been told that she is the elder sister of Lakshmi, the Goddess of Wealth. So Lakshmi follows Saraswati all the time. So, if you have the right…
That’s what the book, Your Money & Your Brain by Jason Zweig says! Zweig simply points out that making investment decisions is one area where intuition and snap judgments simply don’t work and where our first reaction is usually the…
As I traveled across scenic Raigad, talking to students about personal finance and investing, I am constantly reminded of my favourite quote: I want to learn, but I don’t want to be taught Learning and Teaching is intertwined but we…