wealthymattersIn a room full of brokers, money movers, money managers and money handlers, there’s quite a lot of people interested in making more and more money faster and faster.

Somewhere along the way, in the midst of grand visions, its easy to forget one’s fiduciary responsibility or in the face of conflicting fiduciary responsibilities, forget the weakest to whom we have a responsibility.

Yesterday at #KotakMidCapMeet15 ,there were people actively selling the government’s line. There were even people actively attempting to silence pertinent questions and steer the debate in typical #Bhakt style.

Perhaps people were speaking their honest convictions. Perhaps pushing or at least being seen to toe the government line was best for their businesses and themselves. Perhaps they even believed that they were doing their patriotic duty and advancing the interest of the “common man”.

These days if you’re not gushing about the Indian economy and its grand future, you are bound to be called selfish, anti-national, dishonest etc. There is no acknowledgement that we as humans can’t always be right, and that sometimes some things are too precious to gamble with. Hence my beef with grand visions based on credit creation. The whole world can’t be controlled by executive orders. When things go wrong,future generations will pay the price. I find it hard to back ventures and teams without this self-realization. Read more of this post

%d bloggers like this: