Not sure how many of you will believe this, but when the DLF scrip was quoting at Rs. 1200, I asked the research head of A BIG broking firm – whether it is worth buying. He said ‘Sir based on MY accounting tolerance this share is worth Rs. 400 based on boss’s accounting tolerance and […]

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I know one lady whose husband is a graduate working in the Gulf. Typically like every Gulf employee he too is paid better than say an India job, but you really cannot get RICH on a job as a clerk. So her get rich quick schemes have included collecting money for shady chit funds, shady […]

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When markets fall, Price Earning ratios correct. Including the PE ratios of candidates who attend job interviews! Already one is hearing about a big broking firm closing down 100 branches. I have lost track of how many branches they have, so this is an absolute number and not a  relative number. What it means is […]

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