If there is one lesson that we should have learnt from all the shenanigans of the geniuses in the financial service industry - whether they operate on Dalal Street or on Wall Street - it is this: size is not any indication of safety.

Just as you thought the mutual fund industry (or those that dominated it for the past decade) would have finally learned to focus on what is good for the investor, comes a last gasp attempt to perpetuate a business model that has stunted the growth of the mutual fund industry and worked against the interest of the investors.

I tossed this comment at friends of mine who work for Wall Street or know people who work at Wall Street firms. And they kind of gave me a strange look.

So, what does it take to be a Tiger? To excel at what you do. To be a winner. And to be admired for what you are good at.

The traders and speculators are confused. They don't quite know what to make of the millions of pages of data and news flow that is generated every day.

I wish gold falls by -50% to Rs 9,000 per 10 grams. Now, don't get me wrong: I own some units of the Quantum Gold ETF (QGOLDHALF is the scrip code on the NSE) and have no plans to sell it in the near future. And I think that Chirag and the team at Quantum AMC are doing a fabulous job as the fund manager of the Quantum Gold ETF and keeping you informed of their views on gold via The Golden Truth

There are various ways to harm nations and their people. One can send terrorists across the border by land, as many in Kashmir have discovered. One can send terrorists across the border by sea, as we in Bombay have discovered.

Many years ago, a cousin asked me: "How do you spell fish?" I was probably 18 years of age then (that was 31 years ago for those who wish to calculate my age). My cousin was 24 years old.

If there is a god of justice, he must be living in Wall Street. Or employed by governments to write policies that ensure finance companies continue to rule the world.

Are the Indian stock markets about to breakdown? Or are the markets pausing and letting out some steam before they breakout and head northwards towards some higher level?

Thankfully, we did not fire the Fund Manager! And - my good fortune - the Board of Quantum Asset Management Company Private Limited did not fire me.

Or should the Board of Quantum Asset Management Company Private Limited fire me? Or, worse, should investors in the Quantum Long Term Equity Fund bail out and put their money in some other equity mutual fund?

We live in a strange world. Millions in India would like to buy homes to live in. Or offices for setting up a new venture. Or shops for starting a business.

It is now official: people from New Delhi are rude. Not only do they move around with guns in their cars to shoot women who question male drivers on why they cut lanes, but Delhi drivers are ill mannered.

Now that gold has crossed the psychologically important level of USD 1,000 - and stayed above that level for 4 trading days - the question in everyone's mind is: what next?

Quantum Long Term Equity Fund was launched in February 2006 as India's first direct to investor mutual fund product. The 1st calculation of the NAV of Quantum Long Term Equity Fund was March 13, 2006 (the Inception Date).

While politicians are busy leaving less carbon footprint from their self-imposed measures of travelling economy class on planes and on trains, there is another austerity drive which is not reported in the press.

Life was simple in the good old days. I went to my barber near Churchgate station in Bombay and sat on the waiting bench. When they said, "Next" I strolled up to the barber chair; sat down and waited.

So, this is the plan. I am heading to 7 cities in South India and will be happy to meet with you. Quantum Mutual Fund bought a white Tata Sumo Grande, plastered it with our logo (Quantum Mutual Fund, Profit with Process) and with our web site address - which is www.QuantumMF.com

"Huh? What is that supposed to mean? Why should a mutual fund have a "capacity" limit?"