I have a friend who is a brilliant technical analyst. Make no mistake, I have seen tons of Tech analyst, he is among the very top. I do not like Tech Analysis, esp because I rarely take SIGNIFICANT trading position. Even though there are many companies which I KNOW are terribly over-rated, I do not […]
So many people tell me (OMG and I politely nod) …here is what I wish to tell them: Subra, I made money…. a. buy getting ESOPs in my company b. buy buying a house for Rs. 30 lakhs, now it is worth Rs. 90 lakhs and only Rs. 12 lakhs of the loan is to […]
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 […]
If you see the fund performance in India, most, if not all fund managers have schemes which beat the the sensex or the nifty. Have you wondered why it is easy to beat the indices in India but fund managers in the US find it very difficult to do so? There are just too many […]
Hindu Business Line is a good newspaper….and they normally do good stories. Here is a story based on THEIR reporting of the Rajiv Gandhi Equity Scheme. Most people have not been able to comment on the RGES because the details are sketchy. From the Hindu Business Line article, I learn that: It is a scheme […]
I have been asked this question a zillion times and I have answered it a zillion times….so there is a sense of exhaustion. So here is a Buddha Story…… One day an atheist comes to meet Buddha – and he comes early morning so that nobody can see him coming…and meets Buddha. As soon as […]
I kept saying that the market perceives that the worst quarter – for a short time at least was the Q ended Dec 2011. Why this quarter? The interest rate increase was felt fully, sales were down…and obviously profits were expected to be down. It is in such a time that the shares (which had […]