There is a trend that is visible and scary. Many people think that websites, magazines, blogs (including this) can substitute for actual work. Let me explain. Rakesh Jhunjhuwala and Vallabh Bhansali are the more famous names so I am naming them. Both are Chartered Accountants – Vallabh a rank holder at that. Both put in […]

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I did not want to call this also Warren Buffets’ lessons, but it is one! WB says Short term forecasts are useless. He says “the forecast tells you more about the forecaster than the subject matter of the forecast” Cahrlie Munger and WB concur on one thing “market forecasts are like poison” it should be […]

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