@SEBI_India, Are you listening?

This is a reproduction of an email I sent out this morning to the venerable Securities and Exchange Board of India (SEBI) attempting an explanation of why I think they are barking up the wrong tree – dangerously – when it comes to imparting (much-needed)...

The Hitchhiker’s Guide to the Bloodbath

Bloodbath. Nosedive. Crash. The terror terminology has been unremitting and dramatic over the last few days. Constant reminders wherever you turn about how much doom and gloom there is all around the globe. And how the markets are in a blue funk. A global pandemic....

Tax Free Bonds — Should you?

As I write this, one tax free bond issue has just closed — oversubscribed 10 times — and another one is scheduled to open in a week. As you read this, others may have opened (and closed) or been announced. The government has plans (and authority from Parliament) to...

Equity Investing: Direct or Mutual?

A recent email from a reader asking which company’s shares he should invest in has prompted this primer on equity investing. It was a reasonable enquiry and one which a lot of advisors would doubtless be happy to opine on. However, we are not a lot of advisors and our...

Debt in the time of MoJa

(At the outset, apologies for all the acronyms in this article but they’re so much simpler to keep typing than their long-winded full forms.)  What happened? The recent Budget 2014 in the space of a few words wrought much havoc in the arena of investing in debt...