People do not do too much research before they buy shares – I am talking of the new investor! I met a few people who had gone long on Options of PSU banks and made a lot of money. They do not realize that it was SHEER LUCK – and it could have gone the […]
This is a result of being in the 4th decade of my investing life. Not all the lessons were personally learnt – some where learnt from the reading, teaching, talking, dreaming, writing, commenting about investing. So if you see some points from other authors, writers, commentators do not feel outraged. We both may have copied […]
Financial analysts try to determine the value of a stock by calculating a company’s discounted “free cash flow”. This is based on a series of computer models with assumptions about future sales, earnings and growth rates. These models are only as good as the programmers and analysts that build them. What you end up with […]
Why doctors need to maintain accounts…why any of us need to maintain accounts? reasons are the same.. Doctors are almost mortally scared of accounts and accountants. They love money, but hate accounting – especially the details. Hey Doc, understanding a balance sheet does not mean you need to know HOW to make it. After all […]
You are a young 35 year old couple and are saving for multiple goals – being debt free, buying a bigger house, children’s education, being a reserve in case either parents run out of money, …etc. You sit down as a couple and are reviewing your portfolio, what do you exactly do? Lemme guess you […]
Cash flow statements are of a recent origin – it was not available to us in the 1980s – and we had to create it ourselves. It is a statement which shows the inflow and outflow of cash – for a particular period of time (like the Profit and Loss account). It shows you how […]