Recently I rounded up 10 friends and asked them to gjve a hurdle rate that their investment should give. Most of them had 8% for debt instruments and an amazingly fantastic range of 12% to 40% when it came to equity. Some of them BELIEVED that real estate HAD already given about 24% return over […]
1. You should not fall in love with your stocks: too many of the newbies having ‘read up’ some literature feel that one should not fall in love with your portfolio. Completely wrong. I agree the company does not know that you exist and frankly the company could not care, but it is stupid to […]
Not sure how many of you have heard about the book ‘Investment Fables’ – it is a book by Damodaran, and an easy read for the layman. It is not a typical alpha, beta kind of valuation book. This title may not be exactly appropriate, but it is actually a response to many many […]
Hi I started my blog in Jan 2008 – so it is now 54 months old. Not some iconic passage of time! In the beginning there used to be 10-12 readers, now there are about 5k regularly and once in a while it peaks to 15000. This is normally because of some link by yahoo […]
Awesome news item saying that IRDA is cleaning up. Great. The way the financial services sector is structured, it should not be difficult to do it. There is only one downside. 38 mutual funds and 16 life insurance companies will close down. So the media being supported by them will shut down. No more sponsors, […]
There are a few myths in Economics and here is an attempt to handle a few of them. The worry is that these myths are so ingrained that we may all find it difficult to even accept that it is wrong. However, wrong it is, and let me start by enumerating them: 1. There is […]
“My husband does not lose money in equity markets – you know we doubled our money in the Maruti IPO’ vow I said…and as usually probed …. she said “Oh my husband only applies in an IPO, so he says we cannot lose money”…vow! There are 2 routes to the equity market. One is called […]