continuing the myth busting on rent vs. buy …. “Renting is for poor people.” Of course renting is for poor people – very much true. But it’s for rich people, too. I know if I name some of the people who live in rented houses – with their designations some of you might torch me. […]
http://www.subramoney.com/book-written-by-me/ I am sure all of you know the cap seller and the monkey story. So why am I telling you the same story again? No this is not the same story, it has a twist. A capseller was looking for a place to rest in a forest. He found a nice big tree and […]
Thanks to Satyam, now independent directors are all asking for a one-to-one meeting with the statutory auditors. One satutory auditor I know, told the board, sorry “I did not check the cash on hand” – and the board insisted that petty cash (in 47 locations) should be checked immediately. This is what is called being […]
This is the second in a series of ‘myth busting’ articles..in all there are 6 myths. You will find a completely contrarian view in the print media! This is completely true some people think this is false! Only problem is people who think this is untrue do NOT know how to do fundamental analysis. For […]
I must consider my self very, very lucky. During the Harshad Mehta Boom, I bought an office space for personal usage. When the index reached 21000 I had no reason to sell. However just luckily I decided to get out of some very high price earning stocks like Tata Power, L&T, Hdfc, and invest in […]
The equity markets will improve in 3 months, 7 months, 9 months…..you have heard them all, have you not? Let us see what is likely to happen in 3 months. The global auto market will not improve, we cannot see any great recovery in the US auto – so the Indian suppliers will not benefit. […]
These days it has become fashionable to do articles on “investment myth busting”. Since I cannot claim to have started this myth, I need not end it either. Let us examine them slowly (One is what we can handle in one day) Myth 1: Stock market investments will always outperform bonds and fixed-return avenues in […]