Every time I talk about equity investing, I ask my audience to invest in 2 notebooks of 200 pages each. One notebook to write down what makes you buy / sell a share, what price you are paying, transaction charges, etc. Sometimes I also ask them to write what ‘gut’ feeling that they had. So […]
SEBI, IRDA, Ministry of Company Affairs are all very concerned about the small investor. Tch, Tch..aaiyo pavam (bechara in Tamil)..so they make all the right noises. Let us hear them: 1. Make motherhood statements: when a regulator or a journalist makes mother hood statement like – ‘Subra do you agree that the retail investor should […]
If you wondered how a company can fudge its accounts, well here are some things that they do: – show less expenses: if you want to be more profitable -show more expenses if you want to be seen as less profitable from real life. – increase profits by showing revenue expenditure as capital expenditure – […]
Well none of us know what next…but let us look at the crystal ball: – we all knew that there were scams. Some have come out, many have not yet. – a scam eruption HAS to by definition bring the markets down – as an acknowledgment of the eruption. – markets could remain low / […]
Mr. Subra my name is A…K. These are some of the facts about me. Please tell me whether I am on the right track please. Facts: AK is 52 years of age, works in a semi-government company. He has a house in Mumbai (current estimated worth Rs. 85 lakhs, located at Mulund). He drives a […]
So many people today advising on equities that it is good fun talking to some of them. Two good offers that I have got recently are quite stunning…not really relevant for me but here is the story. First is a big deal in terms of size – it is worthwhile for the broker to do […]
Frankly I do not have an answer…but let us see what can happen. Lots of people who have made money on the up ride from 9k to 20k whom I know are happy to sit on cash earning 10 to 10.5% p.a. interest. See the IDBI bank ad – it is screaming a rack rate […]