In 1993 when the NSE was formed we were told it will be run by professionals. Professionals in India means they wear a tie and suit and swear in English. Non Professionals meant they wore a dhoti, spoke in Hindi (and English) and swore in Hindi. As a fan of Ayn Rand a few of […]
I am asked this question very often. Typically it is “I bought GMR infra for Rs. 70, now it is 8 what should I do?” or “I bought Jain Irrigation DVR for Rs. 54 about 3 years ago it is now at Rs. 57 what should I do”. This request comes in the form of […]
Subra one does not know whether I will pop off at 45 or like A K Hangal at the age of 98. So in order to live peacefully, I need to create a serious amount of income and wealth. – So said a reader who is about 40 years of age. He also said ‘the […]
Let me start by saying that I do not know of any investor with serious money (upwards of US $ 1 Million) who works on DIY basis. Just none. And the number of people I know in this set should be in excess of 100. That is not insignificant. I am not saying that they […]
Whoever told you that Value Investing is easy must be a professor, not an investor! During times of inflated asset prices (where the earnings are refusing to catch up with our ‘expectations aka PE!) an investor needs a lot of patience. In addition to avoiding eventual (potential I should say) losses by overpaying, patience allows us […]
this man would come on TV and bash up people. He gave awards to the most successful Indians – inside Rashtrapathi Bhavan…and now he is going to pay a few crores of back tax… Income Tax fines Prannoy Roy & wife for Rs. 30 crores each for hushing up income in 2010-2011