As a person moves from age 22 to age 62…his portfolio too keeps changing. He/she gets some knowledge, some IFA advice, some Citibank’s help, some help from Motilal Oswal, some Hdfc bank RM, some broker, some classmate, blogs…and suddenly thrusts a ‘portfolio’ which he has created over time. Now if he has earned well, his […]

Read More →

Amazingly stupid thing to ask. Seriously amazingly stupid. Of course lumpsum IF YOU HAVE THE UNDERSTANDING AND STOMACH to take volatility. If I had Rs. 1.5 crores to invest today, I would take a bet on 3 shares, period. Rs. 5 million in each share and go to sleep. However if a school teacher with […]

Read More →

Long, long ago when my head was full of black hair and foolish ideas I managed to attend a small meet by the senior Mr. Munjal. When asked by a journalist ‘should I buy Hero Honda shares’ he said ‘all 2 wheeler companies will go through a boom’. He was so right – Hero Honda, […]

Read More →

It is not as though I have not said such things in the past. It is not that you have not read it – even in our book ‘You Can be Rich too – with Goal based Investing’, just writing once more..Remember Principles are etched in stone. They do not change with date or with […]

Read More →

It is not being an investor for long periods of time and not get bored. Think of investing like running a marathon. Somewhere in the 19th km you are wondering why you did not sign up for 21km. Not just that your body is tired, it is that your mind is bored. Then think of […]

Read More →

I have held many posts in the advisory and investment management business. The posts I have held – I continue to hold some of them – are investor, trader – position trader and day trader, value investor, deep value investor, stag, broker, primary market underwriter, research analyst, research analyst for a merchant banker, personal finance […]

Read More →

  When viewed as zcb (zero coupon bond with a 20 year duration) the share (including the mutual fund scheme with Growth option) looks like a bond that has a high credit quality, awesome liquidity, very low friction, a rising coupon and WE HAVE CHOSEN a very long time horizon. By saying that we will […]

Read More →