Whenever the receptionist in our office wears a pink dupatta, equity markets go up by at least 50 points. I have no clue whether you would buy shares based on something like this. However, now I am being offered shares of Talwalkar (the fitness people) priced at a price-earning ratio of 44. The logic? Subra, […]
Almost every body whom I meet asks me this question: “Should I buy gold?”. My answer is never straight (everybody around me says that!!). So I ask “Why?” The answer always is : “Because it is going up.” To me this answer is scary and completely stupid. If every body is buying an item because […]
Many companies are today in some kind of trouble. It is fashionable to cut something or the other in the name of a slowdown – so right from the toilet paper to sugar in the coffee everything is under some scrutiny. However, it is difficult for many CEOs to cut salaries and bonuses. So even […]