This is a very old story…you can attribute the wise man to be Moses, Buddha, Tenali Raman, Birbal….choice is yours. The story goes like this…. There was a man who was digging a well. He was hoping to strike water soon. One man came up to him and said ‘Arre you are digging for water […]
Fortunately or unfortunately most of the net wealth that I have created is by being in the markets and for long periods of time. However this did not lead to a career in Portfolio Management Services – simply because the method of compensation and the amount of compensation did not attract me at all. If […]
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. […]
The same experts who in 2007 said markets are fairly priced at 21000 are saying it is overpriced at 18400. Are they wrong or is the market wrong? Last week Shankar Sharma said he likes auto stocks. He was particularly bullish on Ta Mo. Ta Mo is one of my favorite stocks. When Mr. Ratan […]
This series could seriously be made into a book…but have decided to put one a day Client: Good Morning Haresh, how are you? Haresh: Good sir, market is looking a little weak…what do you think sir? Client: Yes, I agree, but what about Hero Honda? H: Sir, HH looks good, I feel. Client: Yes…good results […]
Many people have asked me – do you trade? and the answer has always been – ‘kind of’. I am convinced that you can build a kind of permanent portfolio – but you need to be thick skinned, and deaf to all the noise around you. I have been told by many well wishers that […]
For those who were born in the 1980s…and who take 8-9% growth for granted they should take a lesson in History! Just when I saw the rocking performance of Bajaj Auto – 80% y-o-y growth – and a net profit for the year Rs. 1700 crores! When Rajiv Gandhi came to power he allowed motorcycle […]