While Bansal has a lot of risk appetite, even a small finance bank licence may not be the answer to the puzzle
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Good morning [%first_name |Dear Reader%],
Today’s edition is all about risk tolerance—and how it’s different strokes for different folks.
Anand writes about how those approaching retirement might be better off erring towards caution and debt. But as Arundhati notes, there are some on the other end of the spectrum too, like Navi’s Sachin Bansal, who have a lot of risk appetite and are set to go full steam ahead on business models that hinge on securing a banking licence.
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Better safe than sorry
After a brief break, we return to our series on how to build a proper retirement corpus.
Whipped up by geopolitical tensions, soaring inflation, and steep interest rate hikes, the stock markets have been quite volatile this past month and a half. This has pulled down the bellwether BSE Sensex by more than 10%.
The market turmoil reminds me of this gem.
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And the Oracle of Omaha’s famous two rules too.