If you were not around to see the -46% of 1993, but were around to see 2008, then 2011 would have looked quite bad. Seeing your portfolio shrink by 25% (worse if you did not have Bharti, but had more of Reliance!!)…and if you were a $ investor, it was worse. Including the 19% fall [...]
Well let us look at the Indian market from a foreign investor’s point of view: Indian markets (as also China) is down by 18% over the past one year. If you are a foreign investor add another 14% of currency depreciation. It is not a pretty picture, correct? It must have been quite a [...]
When appearing on television or when at a party where you do not want to be impolite what is the best advice to give? Let me first define best advice: if you hear it in 2000, 2010 or 2020 it should sound correct the regulator should not find it offensive it should not talk about [...]
I receive so much of advice these days on my inbox, that I would die if I read them all. So sorry I stick to a few people whom I can talk with, and reports I ignore. I do read reports of 2-3 brokerage houses – only if it is not STOCK SPECIFIC. One topic [...]
Last week a media person asked me a very good question. I thought it deserved a detailed explanation. She said “The world has not seen such a turmoil ever. You can say keep investing in a SIP for 2-3-5 years, but where is the evidence that with so much of volatility, for equities to do [...]
Warren Buffet is a great investor, and a great CEO for Berkshire Hathaway. He regularly makes very profound investment statements regarding the investment world…and the other managers. One of the statements attributed to WB is: ‘When all you have is a hammer, the world looks like a nail‘. This is easy to interpret. Take [...]