What if money wasn’t the goal… but the tool? Deepak Shenoy and Shray Chandra dive deep into how money can enable experiences, freedom, and meaning, instead of becoming an end in itself.

00:00 Intro
02:33 GDP, Good Life, and Getting Real About Returns
15:14 The Real Cost of Wealth (and the Price of a Good Life)
31:20 Planning for Joy, Not Just Returns
43:34 Compartmentalize to Live Fully
01:04:04 I have enough money, what do I do now?
01:13:23 Is winning in life all about money?

In this episode, Deepak and Shray unpack the SEBI allegations against global trading giant Jane Street and explore whether this is a case of shrewd arbitrage or market manipulation in India's underregulated options landscape.

In doing so, they reveal deeper structural issues. An outsized derivatives market, regulatory blind spots, tax inequities, and unchecked index power that favour global giants over domestic traders all act as leading factors to the outsized profits made by the firm. The episode ends with a call for reform: position limits, STT rationalisation, index oversight, and a level playing field to restore market integrity.

Indian retirement planning for long has been centered on your children being successful and them supporting you in your golden years. But, times are changing, with the rise of nuclear single child households, new pension options and easier access to capital markets, retirement planning also has to change.

In this conversation, Deepak and Shray discuss the various options you have to set up a retirement corpus. Be it investing in a pension scheme or managing your own investments, they provide the pros and cons as well as the steps you need to take to do so. They also suggest policies that if implemented, could make retirement planning simpler.

The earlier the better is the mantra for retirement planning and this conversation will help you get started.

00:00 - Intro
01:18 - Choosing Your Retirement: NPS or UPS?
15:36 - The real math behind the Unified Pension Scheme
22:33 - Can private sector employees build their own pension?
28:54 - Forced Savings: A behavioral take on long-term wealth
35:43 - Guarantees, gradually: structuring safer payouts as you age
39:33 - Tax efficiency and corpus optimization
44:17 - Managing Volatility: Behavior & long-term thinking
51:27 - The structural risk behind public pension guarantees
57:55 - Belief in the System: Will pensions and markets survive?
01:03:13 - Where do I even start?
01:14:52 - Why India needs its own 401(k)
01:19:36 - The roadblocks to retirement reform
01:23:44 - Will Equity Returns Moderate?