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I noticed someone reading MoneyLIFE magazine and asked to see it more closely. I am usually indifferent to money-related topics of discussion but one needs money to live and, of course, it is logical to be aware of such issues. As I picked up a few issues of MoneyLIFE to flip through, what immediately attracted my attention were the brilliant covers that go perfectly with the themes...
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Changing Tracks

CD manufacturer Moser Baer is changing tracks. Avoid the new song

Data storage media manufacturer Moser Baer is changing tracks and the market is expecting a lot from it. Moser is a leading player in removable data storage media and ranks among the top three optical storage media manufacturers. Its products range from floppy disks to compact discs (CDs) and digital versatile discs (DVDs). The...

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When Funds Have To Philosophise

Mutual fund prospectuses need to be drastically changed. They do not force fund houses to report performance but make them write out high-sounding nonsense such as “Investment Philosophy”. Unable to philosophise much, funds produce some general pap under Investment Philosophy.

As it is, funds are finding it increasingly hard to come up with new ideas. Not only should the investment...

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