As the equity markets have fallen 50% in this calendar year, 2009 markets have to be up! How appealing – and could it be wrong? You bet it can be. I am a little cramped for data – I have the March ending indices and just ran through it. It is not true at all […]
Copy from Satyam’s Audited accounts. No comments, only an extract fyi. If you thought frauds start with greed, I agree. If you think you can lie with your mouth open, AND with your mouth closed, I agree. Here is a nice extract, read on and conclude why the BOD kept quite. I am not commenting […]
Since everybody was now talking of Corporate Governance, I decided to see what it actually means. Well Wikipedia defines corporate governance as follows: Corporate governance is the set of processes, customs, policies, laws and institutions affecting the way a corporation is directed, administered or controlled. Corporate Governance also includes the relationships among the many stakeholders […]
about 10 days back did a program on Utvi on behavioural finance…here is the transcript. http://www.utvi.com/personalfinance/financial-investment-india/15714/investing-sans-emotion.html# – is where the original is, for the others, here it is being reproduced! Investing sans emotion UTVi News Desk Published on Dec 18, 2008 MUMBAI: Leaving emotions out of your financial decisions is tough. After all, it’s about […]
Recession, slow down, pessimism about the Indian economy (of course because of the recession in the U.S. economy) are words that become common place in local lingo! Everybody and his aunty is now convinced that the Sensex will touch 5000 very soon, and the last place to be investing now is the equity markets. […]
Financial advisor designations and Equity valuations – there are so many of them that you put all together, you can create an alphabetic soup. And life comes a full circle for me. When I started life (a few moons ago in the ‘80s) as a Chartered Accountant, I naively thought and believed that people invested […]
At last the market went up by almost 500 points yesterday. Not bad for a market which has had a very rough year so far, with the Sensex with more than 50% loss for the year. This is literally the worst market crash since 1993. The bull run of 1992 was followed by a 46% fall in […]