‘Subra you did a post on do not trust an employee…can we trust a big branded financial company?’ asked a reader. Of course you can trust a big financial company as long as you can remember that: MF Global misplaced US $ 633 Million (or was it Billion or Trillion – when it comes to [...]
I am convinced that there is a mafia out there of loan givers, steel manufacturers, cement manufacturers, etc. who want you to buy a house. I have been talking to a couple of builders, financers, investors….and frankly not convinced that the real estate market is any where near mouth watering levels. Same is true for [...]
It would be so nice if Mr. Market had a blog where he could come and say ‘From today till Nov. 2014 I am going to be a bear’. Since there is no such blog or tweet we keep guessing whether we are in a bull market or a bear market…as outsiders mind you! It [...]
I am not even sure whether a conversation or strategy which some of us use should be part of this blog. However as an experiment here is a trend in some of our portfolios. I have no clue whether it will work in the future, it has worked in the past – say 20 months. [...]
If you have been in the equity markets for 30 years you have some advantages. First you have seen many players come and go. You keep wondering how many are genuine, how many are fake. Over this period you classify people into platinum, gold, silver, …and of course mud. Fund managers also come in various [...]
There are many comments and emails asking me why I am against gold and against real estate. Well I am not against gold, and neither against real estate. However what do you call a market which is completely dependent on new investors bringing their fresh money. Well some people call it a Ponzi scheme. I [...]