Uncertainty gets the best out of smart people and gets the best of markets to invest! During uncertain times, investors get jittery and also nervous. Immaterial of what the outcome is going to be that uncertainty kills the markets. Actually news (good or bad) gets priced into the market. And they can move forward from […]
Those of you reading my blog know that I am paranoid about quality of strong, independent and reasonably fair management when I buy a share. To me it does not matter whether the prospects of a business are good or bad – that is at a later date. So let us talk about the NSE […]
The financial service industry – including its regulators – believe that more disclosure is better. Sure, more disclosure is better. Having dealt with retail investors over a long period of time – 30+ to be precise, I am not so sure. Giving people more and more written information couched in legal jargon does not really […]
No lottery ticket winner has lived happily with the lottery ticket money… https://www.bloomberg.com/news/articles/2012-12-13/lottery-winner-jack-whittakers-losing-ticket
Posted by a regular reader Kavim Bhatnagar….. BEWARE of Cancellations Against MakeMyTrip (MMT) Bought Tickets I recently tried cancelling a Ticket that I had bought through MMT. The Domestic Ticket was Priced at Rs. 6950/- and while processing cancellation online, MMT showed Airlines Cancellation Fee Rs. 6200.oo and MMT Penalty Rs. 300.oo Thus Total Refund […]
A couple of days ago somebody had posted “if you know that the market is going to go down..what is the harm in selling some shares and then buying it back”. Good question, and almost a rhetoric in terms of rewording: “if you know that the market is going to go down…YOU MUST SELL SOME […]
The problem with porn is it gives you wrong ideas, and wrong things to hope for. So if you have read the following in the ‘financial media’ it is time you made some corrections: You can invest like Warren Buffett: Well you cannot invest like WB, simply because you are NOT Warren Buffett. Over the past […]