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 […]
For any of us to understand what happened in the equity market, we need to see what happened over the last 5-6 years in the USA. Since 2007 the US has been using a very unconventional kind of a policy. From a base of having US $ 900 billion in 2007, it let the base […]
‘Subra I need to make a US $ 1000 payment by November, should I do it now or later?’ – this was the 3rd forex related query. The earlier 2 were from parents talking about paying the fees of children studying abroad. All were worried about the US $ hitting 70 or 75….and wanted to […]
For all those people who think that doing business in India is worthwhile because we are an inexpensive destination, please think again. Let us go to the basics of Economics: there are 4 factors of production needed for an enterprise – land, labour, capital, and entrepreneurship. Land: by no stretch of imagination is land cheap […]
Subra, is this the best time to enter the market? Boys, girls, fathers, journos, readers everybody asks me this question, almost every day. Many want to see if I change from what I said the previous week, some to go home and laugh saying – see the market has come down ‘this guy knows nothing’, […]
Recently I rounded up 10 friends and asked them to gjve a hurdle rate that their investment should give. Most of them had 8% for debt instruments and an amazingly fantastic range of 12% to 40% when it came to equity. Some of them BELIEVED that real estate HAD already given about 24% return over […]
Subramoney was the only blog which did not have a view on the most important media event of the day at 11am. So I decided to write my views (at 8 pm Wednesday) on PC’s budget to be presented on Thursday…here it is. It is the only post (I challenge you) to have such a […]