If a pharma company comes out with an IPO can it do a private placement at a favorable price to doctors? If an amc comes out with an IPO…..to IFA? to RIA? to Bloggers? Well Sebi has said no. An amc cannot allot shares to IFA. It creates a conflict of interest according to SEBI. […]

I am a runner. A bad runner, let me warn you. However, I meet a lot of good running coaches. The best coaches give you simple advise. For a beginner it is just “get up every morning and run” and “stay motivated”. After he becomes a regular runner, the trainer includes speed workout, hill work […]

LiC is the biggest life insurance company in India, and still has a market share in excess of 70%. This is an awesome number in a growing market. With all my intelligence I asked the CEO of a private insurance company (in 2001 mind you) “How much time do you think you will take to […]

How do you spend your money? No I am not getting moralistic on how you should spend your money, just asking. I know of young people – I mean in their 20s and 30s who use all 3 methods of spending, and I have nothing against it. However when you use all 3 methods, tracking […]

Overconfidence is the worst investment bias, and I have done posts on that. Let us see what can be done to avoid over-confidence….or what I think will work. Keep a notebook and write down the reasons why you buy or sell a share: even if you get a buy or sell right, you might get […]

When we are children we know what we know and what we do not know. We readily admit that we do not know. We even admit that we do not understand. We ask our teachers when we do not understand. However, when we reach about 7-8 years of age, we start behaving like adults…and get […]

Let’s say the analysts were expecting a company (even of the standing of Colgate or HUL) to declare an EPS of Rs. 20.50 but it ends up earning Rs. 19.0, how does the market react? It panics. To be more precise the media shrill goes up, and the analysts come and give tons of reaction […]