In the 1990s big corporates would borrow money from banks and lend it to smaller corporates. All of them played this game – Bajaj Auto, Tube Investments, Parle, Ranbaxy, etc. as lenders and smaller companies like Shaan Interwell, Indiana dairy, Sun Ceramics,….as borrowers. However the overall return that the lenders got could not have exceeded […]
In the year 1984 Indira Gandhi was killed ….no I am not saying anything about that dastardly act. However what followed that was a systematic massacre of innocent sikhs which was conveniently dubbed as ‘riots’ – and the mobs were led by a bunch of Congress hooligans some of whom are of course still in […]
buy only from a branded store….after all in order to protect their image they will ensure that they keep only good things. buy only branded goods..after all in order to protect their image they will ensure good quality go only to a branded hospital…blah blah blah the HIGHER the price, the better the brand… well […]
Yesterday I had posted a link to Deepak’s blog showing how sensex EPS projection is at best a futile exercise…. well today I am posting a link to how ‘big bang’ retail can create problems, stories, etc. to make a case for itself. Take the case of Gillette – once upon a time (say 125+ […]
One good thing about being in the Equities business for long is you meet only those people who have created wealth for themselves! So you do meet people who have personal net-worth ranging from Rs. 2-3 crores to people who are in the Rs. 1000 crore + net-worth. Many of them are now in their […]
bloggers are a funny lot..they are a part of the media, but they are not dependent on advertising. So as an investor the blogger can afford to look at say 2-3 fund houses, he can criticize the authorities….can generally have fun at everybody and if you thought only I laughed at ‘experts’ think again…Deepak has […]
Here are the details of a couple …and they had an amazing story. I took their permission to share the story with you… He is 42 she is 37 years old. He works for a huge pharmaceutical company and earns well. Lots of cash, lots of goodies. His total savings as of now Rs. 8-9 […]