Ask any person what is their biggest asset? Well it sets them thinking….and then the facts… Most people do not know what is their biggest asset. They then say – it is ‘ my house’ , ‘my equity portfolio’, my car, etc. However then I lead them to the next question: Have you borrowed for […]
It was really long ago when I met Mr. Ramesh Chauhan, the erstwhile owner of Thums Up, Limca and Gold Spot. It was some time in the early 1990s that this deal happened. I was asked to do a valuation of the brand – and well, I did it. The final selling price was very […]
Frankly I do not know whether gold is an investment at all. Over longer periods of time it has been a preserver of value rather than a grower of value. It is not backed by cash flows – you have to find a greater pessimist (only when you believe that there is going to be […]
I have nothing new to say..but surely this group is starved of ‘income’ and therefore cash flow. The markets especially equity markets love cash flow and certain cash flows at that. If certainty and cash flows are missing, the p/e takes a hammering…so the market capitalisation of the group is down…from great heights reached. Ok […]
Ask any person what is their biggest asset? Well it sets them thinking….and then the facts… Most people do not know what is their biggest asset. They then say – it is ‘ my house’ , ‘my equity portfolio’, my car, etc. However then I lead them to the next question: Have you borrowed for […]
Most people do not know what is their biggest asset. They then say – it is my house, my equity portfolio, my car, etc. However then I lead them to the next question: Have you borrowed for your house? They jump and say yes. My house cost me 93 lakhs – i put Rs. 12L […]
One question on the top of everybody’s mind is of course “When will the markets recover?”. That is not just a difficult question to answer, but at best is a wild guess. However, the fun of prediction is to occasionally get it right! The market is a cruel barometer of corporate performance. In the preceding […]