http://www.subramoney.com/book-written-by-me/
Here is a complete and full list of books that I like my students to read. Extremely long, and randomly written i hope to write reviews on all these books and it should be available soon. Some of these book reviews have already appeared in the In house magazine of BSE called Sensex. Some of [...]
If you read magazines, newspapers, etc. or watch the business channels you would have been convinced that people chase performance. Constantly ‘experts’ come on television and print media and say ‘people’ should not chase past performance. Actually articles and programs encourage people to churn or chase performance.
Do you know what a rating does? It rates [...]
Many people know that Saraswathi (Saraswati) is the Goddess of Learning. Learning of course is important. On google you will find a lot of articles which say “what i learnt from Warren Buffet”, “what I learnt from Peter Lynch” or what I learnt from Rakesh Jhunjhunwala” or “what I learnt from Charles Munger” or “What [...]
Welcome the Bear Markets!
Although we saw a furious short-term rally last fortnight, we have entered into official bear markets territory as of early this month. (In the US bear markets are defined as a drop of 20% or more from a previous high.)
This is a good thing. Smart and Legendary investors understand this. Ordinary investors [...]
It is customary in film circles to say “i was inspired by Kishore Kumar or S D Burman or …” what have you and then copy their song – either partially or in toto.
In fund management too you can copy and the advantage is your money in the bank, is yours.
Your money does not tell [...]
Here is a complete and full list of books that I like my students to read. Extremely long, and randomly written i hope to write reviews on all these books and it should be available soon. Some of these book reviews have already appeared in the In house magazine of BSE called Sensex. Some of [...]
Past performance is not an indicator of future performance. Every mutual fund you own says something that in its literature. And yet, ignoring the past–in investing or in any other field–is rarely a wise move. What we should understand is that the past is only a proxy for the future. Peter Lynch says this very [...]