It may sound quite obvious, but ACCOUNTABILITY is vitally important for the success of an organisation or a PORTFOLIO. Many people who start their own business are never accountable to ANYBODY for their organisation’s success. Imagine a 32 year old leaving his job to start his own business. He can just rot and do nothing. […]
No lottery ticket winner has lived happily with the lottery ticket money… https://www.bloomberg.com/news/articles/2012-12-13/lottery-winner-jack-whittakers-losing-ticket
When you invest in equities, you invest for the long term. Write this down and repeat it to yourself EVERYDAY of your investing life. It is worth its weight in Gold. Oops worth its weight in Equity. That’s more valuable. So the question to ask / consider HAS to be LONG term in nature, right? […]
I got these personal finance ratios from an American Website and I do not know how it will work in India…but hey here it goes. But first the caveats..these ratios are for a common man. It will not work for a very low end person earning Rs. 50,000 a year or for a person earning […]
“Subra you are very lucky that you got a chance to buy shares at low prices in the 1980s and 90s, but today it cannot work”. So said one famous TV anchor. That brings us to the question: “Is the buy and hold strategy no longer a good strategy?” is the strategy finished? Should you […]
The more famous scams impacting the share market in India have been the following: (no I am not going to the Mundhra scam, too old) The Harshad Mehta scam of 1992 – a banking scam The Ketan Parekh scam – a banking scam Hometrade […]
Experience, cannot be taught. Patience, cannot be taught. It takes a 100 to be a Century – this is what the ad by Century Mills said when they turned 100 years old. Not enough data is available for India, so let me quote from American facts: In 1964 the Americans held on to a share […]