Mutual funds have this odd old habit of pushing investors to invest in equities. Sure we are a country with poor equity penetration and must be encouraged. However most of the CXOs of the MF industry keep forgetting that the last link is always weak. In any sales the last link is not so well […]
At the outset let me tell you that I am not a big fan of Buffett. Uday Kotak and Mukesh Ambani among others have created more wealth over the same time frame. Many Indian fund managers have got better $ denominated returns…so on and on. Here I am trying to compile some quotes which I […]
I always had a lot of respect for Morgan as a writer….do not be surprised if I am subconsciounsly trying to copy him…I have been reading him for too long…here see this story..it is stunning… http://www.collaborativefund.com/blog/overcoming-your-demons/
A few years ago I switched off the television. I had found that TV is a big impediment to learning. It simply fills your head with ‘urgent’ things which are not important at all. Imagine on a day of the RBI/FED meet there is so much noise about the meet and asking a million people […]
A couple of days ago Mumbai was inundated with rain water. Ok with water. Some of it rain water, some gutter water and some sea water caused by the High Tide. And yesterday a 117 year old building collapsed and killed about 20 people. In both cases the people of this great country and city […]
Let’s face it – Infosys in cricketing parlance is more like a Rahul Dravid or Dhoni and is not like Kohli or Ashwin. It is a spent force and there is very little juice left. It will have to do gimmicks like bonus and buy back simply because it does not have anything imaginative to […]
As a small shareholder should you be ‘responsible’ for what the company does? Are you morally responsible for all farmer suicides if you are a shareholder of Monsanto? Are you ‘responsible’ for all the cancer caused by ITC? Or should you stop enjoying Haldirams product because the owner was suspected and tried for murder? Should […]