I have always wondered why people do a lot of comparative study while buying a fridge or a car but not too much effort is put before signing up on a ULIP for Rs. 50,000 a month for 30 years! You are giving up a big, big chunk of your life’e earnings to a product […]

Many people have a view on the D’Mart IPO and keep comparing it to the Reliance Power IPO! Their concern is the premium that the grey market is currently showing for the Rs. 300 IPO. Well D’mart is different: it is run by a value investor RKD knows what it is to create wealth for […]

Having interacted with a few old people’s homes and many elderly people and youngsters looking for such facilities, let me tell you the gaps. Two ways of looking at the gaps are 1) use this as a checklist when you are looking for an old age home and 2) see the gaps and try to […]

Sorry but for somebody who has been in the markets since 1979, I have NOT said anything new about investing which has not been said before. If you find anything original in my blog, I can assure you it just means you have read less than me. Everything that I have written has been or […]

If you have ever complained to God about him not giving you some things (and who has not?) stop the thoughts. Immediately start writing a notebook of why you have Gratitude and towards whom and for what. It is a very powerful exercise of Thanking God for what he has given us. I do not […]

I have a friend who is part of a religious group which runs a school in tribal Maharashtra. What started off as a small school with 40 students is now a big school with 800 students. This obviously speaks about the popularity of the school. Why is the school popular? they provide good lunch, uniform, […]

So it was the 14th ping that set me thinking that I should do a note on the D’mart IPO aka Avenue Supermarts. This is going to be a longish note, so keep about 20 minutes to read and digest the whole thing. While all other Retailers are struggling, D’mart has hit all the right […]