“Of one thing be certain: if a CEO is enthused about a particularly foolish acquisition, both his internal staff and his outside advisors will come up with whatever projections are needed to justify his stance. Only in fairy tales are emperors told that they are naked.” – Warren Buffett Making a projection to impress the […]

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One big time broker who is also a CA….was involved in a fraud case. He went to jail – as did his father. Father-in-law was lucky he was spared. The father told one of my friends: “I do not know what my son did in life, but thanks to him I saw the jail”. For […]

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