One thing I like about Manish Chauhan of Jagoinvestor is that he reacts to every mail that he receives. I do not. Well normally I do not. However once in a while I do. When I said that Financial Literacy is nobody’s baby, one Mr. Abhi wrote the following…Below that is my reply: “Abhi Very […]
People have been asking me to write about Equity Research…and I cannot even make a list of topics in Equity Research, because it is too damn vast. So let me try to say what are risks that a common man / lay investor should avoid. This is the first among them…. IPOs are priced in […]
Why do we maintain business accounts? Now before you give me some BS, let me tell you. We maintain accounts SIMPLY BECAUSE it is necessary by Law. We do not maintain to know where we are going, where we should go….blah blah. Please keep that for a professor’s classroom. So why do doctors maintain […]
I am still wondering (for the past 20 years!) what attracts people to the financial services industry? All business houses feel the great urge and need to set up an NBFC and then try to grow it to a bank. Not even one has been able to succeed in this (yes I know you are […]
Continuing the Fundamental Analysis series…here is another post. What really is a Balance sheet? It is a summary of the assets that a company owns and the money that is owes to outsiders. Remember as far as the company is concerned, you the shareholder, is an outsider too. Remember – it has its own existence? […]
A promise is a promise….! So here is the first installment in how to read financial statements…. Let us start at the very beginning….when a company files its Annual Accounts it files the balance sheet, Profit and Loss account, auditors report, directors report…ARE THESE TRUSTWORTHY? Well they are as trustworthy as your OWN CV. […]
Many kids or most kids should I say aspire to do their MBA. Sadly the MBA degree in India has too damn high a standard deviation. From the top range IIMs to the ones at the bottom, the gap is too much. The question is – if you are doing your MBA or have done […]