Let us do some crystal grazing…where will the index end on 31st March, 2010? Frankly I have no clue. Neither has anybody else. That is the truth. But let us have some fun. If the market were to close at the same level as March, 06 (11280) it would have to go up from 9708.50 […]
I recently got an offer on email. Somebody was offering me a news letter which promised to double my money every 2 years. Got me interested in the model. Here all I had to do was to put just Rs. 10 million into this scheme. In about 20 years time I would have about Rs. […]
The cheer leaders are screaming once again – welcoming the 10,000 index. Whether it is television, print, or the internet – all of them have headlined the great reclaiming of the 10k index. The typical middle class guy is happy, but of course skeptical. The questions he is asking are the following: Will this market […]
I am sure you have been shocked by the headline! I find just too many people who think they can beat the index every year for a long period of time. In case you see the history of equity markets there are only a few people who have beaten the index returns consistently over long […]
No I am not reproducing the letter here. This is just some of the side lights from that letter. If the worlds richest man hires you, keeps you for 23 years that is proof that you are good. Just see what he says “When Ajit Jain joined us..we knew we had acquired a great talent. […]
this book review of “When markets collide” appeared in the Feb issue of Money Today… Signals for survival P.V. Subramanyam February 17, 2009 You have heard about the clash of civilisations; now read about the collision of markets. Mohamed El-Erian, argues that the global financial crisis is only the effect. The cause is the process […]
I recently read an article in a magazine saying that equity investments are easy to handle. It said you should invest in equities – and sell when you reach your level of expected return, then wait for the next bear market. I think it is an amazing idea, but misses the point completely. Let us […]