If I told you that if you had invested Rs. 10,000 in Wipro in 1980 and held it till now it would be worth Rs. 630 crores…it would be that. Perfectly accurate, but completely and totally useless piece of information. This is also called Financial pornography. It can excite you, but serve no purpose other […]
Imagine you are a celebrity or notorious it does not matter. Let us say you are Narendra Modi or worse, you are Obama. Can you really watch television? Every channel wants to give ‘gyan’ or ‘knowledge’ on how to run the country. Suppose you are Mr. Narendra Modi..and you switch on the news channel…. Every […]
Most of us love to see our portfolios on a ‘as much as you can’ basis especially in a bull market. We think our portfolio goes up because we click on the mouse and see our portfolio. Is the market up today? what about oil? gold? Real estate? And ah..Indigo? Sun Pharma? are you that […]
On many forums there are many solutions for the psu banks. Most of the solutions are – privatize them, merge them, etc. There can be other solutions too… Make a list of all the psu banks in terms of an over all score. Tell the bottom 5 that they cannot accept new deposits, cannot open […]
Why is the banking sector in a bad shape? RRR (Raghu Ram Rajan) has surely shaken up the banking sector. I heard that routine matters that would take 4 minutes are now taking 45 minutes at the BOARD level instead of being disposed off by the MD. Fairly everybody is here to protect his backside, […]
The market that is likely to emerge from the rumble of the actions of Raghu Ram Rajan is likely to be very different from what it destroyed. I am a big fan of RR and what he is doing in the banking sector is commendable. HDFC Group chairman Deepak Parekh has cautioned the government and […]
Do you customarily turn to you adviser for asking him questions related to investing? For picking schemes? for tips? for generally chatting about the market? Do you get an answer which is difficult to find on free / paid websites? Do you think he/she has given you good advise over the past 3-4-9-15 years that […]