Do I have to tell you where I heard this advice? ….so here it is: 1. If you are not confident, keep your money in cash: ‘Cash is king’ goes the argument. My take: If cash is king what is inflation? I think sitting on cash till the market improves is an amazingly stupid piece […]
Last week I bought some auto, and telecom stock. In case of Infra I am seriously looking but cannot decide what to buy. Have met a few promoters and know a couple of big companies too well – so touching becomes MORE difficult. The toughest part of investing seems to be to change gears. Last […]
Hey the agency model is NOT working. Well it is not working as it was intended to at least. A group of people start a bank. They work in the bank. Then they appoint employees to work there. They appoint qualified people. These people are supposed to be moral, ethical, ….etc. These people cheat. They […]
When Nanda’s grandson was involved in the famous (infamous?) BMW case, Nanda was rumored to have spent upwards of Rs. 7 crores. As a person who has seen 4-5 cases go to the supreme court, I can believe this figure. Recently I heard of a Senior Lawyer charging Rs. 25 lakhs for a 2 day […]
There is nothing called a ‘Buy and Hold’. Repeat. There is nothing called a Buy and Hold in portfolio management. Whether it is a Warren Buffet, Peter Lynch, Vallabh Bhansali, Chetan Parikh, …..what sounds like B and H is actually active management. They buy shares and then follow the company through out its journey. In […]
In a country where English is spoken only by the elite, SEBI has done another very unnecessary thing. However, I am not criticising the regulator, just stating the facts. SEBI in its wisdom decided that all mutual fund accounts in which there has been no activity for the past 6 months will be called […]
Women need to plan for their retirement more than men need to – because they work for a lesser period and live longer. However they do have some major obstacles towards achieving this goal: 1. They study less: Academically women do better, but even in communities where education is important girls are NOT encouraged […]