The mistakes that I made in my equity investing have now been well documented. Now I will tell you some more shares where I did not make ENOUGH money. This is the mistake of spotting the opportunity but not having the brain power to stay through the full journey of wealth creation.
Infosys: My investing guru [...]
This is perhaps the most amusing comment i have read in recent times. I also like N Vittal’s statement – ‘you only hear bali ka bakra, do you hear bali ka haathi or bali ka Sher?’.
Similarly for many of today’s writers (including yours truly) the easiest thing to do is to attack the bakra. Catch [...]
Hello,
Congrats on the nice job you have got! With a degree from an Ivy League school this was a nice job to land. I know you have majored in Finance and are hoping to make money by the tons. Of course I will be sad if I see your picture in the newspaper – these [...]
There are many people who like to make lists – tallest, shortest, fastest…but one list everybody loves to see their name on is clearly the Forbes’ list. The Richest Man. Sadly only the person with the highest net worth can be measured honestly. I know of one businessman whose office went overtime on the net [...]
This is an amazing first hand story in the brokerage business. Once upon a time not long ago I happened to be associated with a stock broker who was the 3rd generation stock market broker. He was the Chairman of a brokerage company which we had floated to become a member of the National Stock [...]
Some amusing incidents…
A friend who heads wealth in a big branded organisation was sitting in his office…and I was one of the persons in the room when this happened. We were having coffee when his immediate assisstant came asking him to come along for a meet. My friend said all the right words..You must learn [...]
Why is it that in the case of Satyam and in the world wide mess it is largely the equity shareholder who is losing? Welcome to the world of moral hazard.
When you lend money to a bank (which may be insolvent even as you are lending) or to a country (which technically cannot become insolvent [...]
I have answered this question millions of times in my training and teaching sessions. And there are no clear answers. However students who ask this question need to understand that being ethical may be an end in itself. If something is an end in itself, how does it matter whether it should be done or [...]