A few industries that I have been seeing from close quarters – and have very strong views on are food and health, pharma, financial services. One thing clear in all the 3 industries – the more you complicate, the more money you can make. So whether it is a Kellog, or a Gillette they can […]
All the advise that you get must be saying ‘Look you jerk you do not know how to handle your money..give it to a mutual fund, life insurance company, brokerage house…and they will manage it for you’ …correct? Well most of the financial media, the people who write, the people who appear on the […]
This morning I was watching television and an expert came…. He was asked what shares to buy…he said buy pharma. He then said buy GSK…. Then he was asked which shares one should NOT BUY…and he said: Do not buy Realty stocks, infrastructure stocks, auto, ….not sure what else..but auto, infra and realty were surely […]
One reader has asked ‘How will I benefit by reading your book’. An honest answer is ‘I do not know’. This is because in life there are 3 important things in behavior change. First is knowing what is good for you (Learning – Saraswati), then finding a guru – means a person whom you respect, […]
Every time I talk about equity investing, I ask my audience to invest in 2 notebooks of 200 pages each. One notebook to write down what makes you buy / sell a share, what price you are paying, transaction charges, etc. Sometimes I also ask them to write what ‘gut’ feeling that they had. So […]
A few days ago I had done a small note on Ayn Rand. She was a Economic Philosophy writer who found that US A had too much governmental interference. If you are a student of Economics you understand the word ‘rent’ in the correct sense. Rent seekers are those people who have been able to […]
To win the elections, we will go to any length. Since we do not have anybody auditing our books, we will cook, lie and cheat, so is the Congress slogan. To help Chidambaram say he has controlled the “inflation” at 4% per annum he holds the price of petrol and diesel at $ 50 a […]