Typically, the advise given is ‘do not be sentimental about your investments’. People also ask me ‘Tell me some shares like shares in your portfolio – like Gillette, Colgate, Hero Honda, LnT, Tata Power, EiD parry,….et al which I can also buy and forget for a long period of time. Hey investing is NOT about […]
I have been accused of the following: Keeping gold prices low. People losing out chance to buy gold/ land / real estate because of my writing. Hilarious because I have rarely taken a stand for or against. I do not consider it for my portfolio – SHOULD mean nothing for you. I have consumed about […]
Hindu Business Line carried an article by Aarti by the same title. She starts by saying it is blasphemous to even ask this question. I agree that it is the way the media has ‘asked’ people to think. However, I belong to an old school of thought. It is easy to say ‘costs are everything’. […]
Fiat money is about trust. You trust your government, hence you keep all your money in currency form, right? Take the case of a common man…and his conversation with a acidic Subra of Subramoney.com: Client: Hi Subra, I wish to discuss my financial life with you…May I? Subra: Sure Client: I have bought …..xyz […]
Hey the agency model is NOT working. Well it is not working as it was intended to at least. A group of people start a bank. They work in the bank. Then they appoint employees to work there. They appoint qualified people. These people are supposed to be moral, ethical, ….etc. These people cheat. They […]
The word reverse split is used in 2 contexts – one in the running parlance and one in the stock exchange / equity market parlance. In the running parlance it means running the second portion of the race FASTER than the FIRST portion. For example if you run 6 km in the first half an […]
Normally the public sector units trade at a lower price earning multiple (p/e multiple for those who did not understand the full version). This is largely because there is a general feeling that the owner (manager) does not care too much about the main shareholder. To expect the ‘corrupt’ or ‘indifferent’ employee to work for […]