If there were 22 business channels would you be depressed 22 times because the market fell yesterday? That is the question you have to ask yourself. The same bit of news played again and again can cause more panic for you than help you. Television ensures market volatility. A lot of buying and selling ensures [...]
Buy Morgan Stanley growth fund. Yes the same close ended mutual fund that people choose to hate. Let us look at the logic. MSGF a fund by Morgan stanley fund house is a good well rounded large cap fund. Whenever a fund house launches itself it starts with a large cap fund. So this close ended fund [...]
I have been in the markets for a real long time. As a friend says when we entered the market flying was considered dangerous and sex was considered safe! I started learning about something called PRICE-DIVIDEND RATIO. I was told dividends are the only thing that a small investor knows for real, so he should [...]
Are the markets over heated? Are the PE ratios too high? are 2 questions that I have been asked a million times – right from the markets being at 3500 to 21000. And I have not been able to answer them. Only now I realised that the old definition of PE ratio – is the [...]
Sir John Templeton said that the four most dangerous words in investments are “It is different this time”. I am sure we have heard this a million times! “India is growing at 9%”, “There is no alternative for international funds” FIIs are looking for growth. At this growth rate, India is cheap! Correct please remember [...]
Many of my clients have a problem which they think is unique. This problem is called “Anchoring”. It means you have heard (or seen) about transactions which have happened at a particular price, then they expect that price for their real estate. Let me explain. I have an office space in Mumbai bought for Rs. [...]