I have 2 friends – aged about 57 years. They were classmates and are very close to retirement. Their investing philosophies are so different that I could not believe that the accumulated amounts could be so far away from each other. One of them did his MBA and joined ITC – and stayed there for […]
The equity markets will improve in 3 months, 7 months, 9 months…..you have heard them all, have you not? Let us see what is likely to happen in 3 months. The global auto market will not improve, we cannot see any great recovery in the US auto – so the Indian suppliers will not benefit. […]
There is no single or fixed location or exchange where debt market participants transact. Also very sadly small investors have no role to play. Which means as a lay investor you can invest in equities (far more difficult to understand) but cannot invest in debt markets (easier to understand). Dealings are done over phone, and […]