Ram Buxani left Indian shores for Dubai in 1959 when there was no Indian Diaspora in the Gulf; Dubai had no power, water or airport and Buxani was just a good typist without a college degree, in search of a better life. Today, he owns a sprawling oceanfront bungalow in the posh locality of Jumeirah. Over the past five decades, his rise as a level-headed and conservative businessman has paralleled his reputation as a conscientious and sensitive voice for the non-resident Indians," /> Ram Buxani left Indian shores for Dubai in 1959 when there was no Indian Diaspora in the Gulf; Dubai had no power, water or airport and Buxani was just a good typist without a college degree, in search of a better life. Today, he owns a sprawling oceanfront bungalow in the posh locality of Jumeirah. Over the past five decades, his rise as a level-headed and conservative businessman has paralleled his reputation as a conscientious and sensitive voice for the non-resident Indians," /> Ram Buxani left Indian shores for Dubai in 1959 when there was no Indian Diaspora in the Gulf; Dubai had no power, water or airport and Buxani was just a good typist without a college degree, in search of a better life. Today, he owns a sprawling oceanfront bungalow in the posh locality of Jumeirah. Over the past five decades, his rise as a level-headed and conservative businessman has paralleled his reputation as a conscientious and sensitive voice for the non-resident Indians,">

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I have seen many bubbles in my lifetime in Dubai as companies have come and gone

06 December 2007 Ram Buxani left Indian shores for Dubai in 1959 when there was no Indian Diaspora in the Gulf; Dubai had no power, water or airport and Buxani was just a good typist without a college degree, in search of a better life. Today, he owns a sprawling oceanfront bungalow in the posh locality of Jumeirah. Over the past five decades, his rise as a level-headed and conservative businessman has paralleled his reputation as a conscientious and sensitive voice for the non-resident Indians,&url=https://www.moneylife.in//article/i-have-seen-many-bubbles-in-my-lifetime-in-dubai-as-companies-have-come-and-gone/847.html" target="_blank" >

ML: We like to start at the very beginning – where were you born?
RB: I was born in Hyderabad, Sindh, which is now in Pakistan. When I was five years old, the Partition happened and we had to leave. Unlike Punjab and Bengal, which were divided into two and gave their people a choice of where they would want to stay, the people of Sindh did not have a choice. Sindh was a part of...

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Ram Buxani left Indian shores for Dubai in 1959 when there was no Indian Diaspora in the Gulf; Dubai had no power, water or airport and Buxani was just a good typist without a college degree, in search of a better life. Today, he owns a sprawling oceanfront bungalow in the posh locality of Jumeirah. Over the past five decades, his rise as a level-headed and conservative businessman has paralleled his reputation as a conscientious and sensitive voice for the non-resident Indians,&url=https://www.moneylife.in//article/i-have-seen-many-bubbles-in-my-lifetime-in-dubai-as-companies-have-come-and-gone/847.html" target="_blank" >

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The Sensex has surged by 500% in the past four years and mutual funds have done exceptionally well for themselves. Many have given great returns to their unit-holders. Many new fund companies are coming into existence. There are hundreds of funds to choose from. Isn’t this great for investors? Unfortunately, mutual funds are a highly-flawed and over-hyped financial product. Their actual...

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