I can assure you life as an equity analyst is not easy. It was not easy in the 1980s when I was starting life and it is not easy now. The kind of expectation that we put on an analyst to give a call is not funny. I am talking of both the sell side […]
Many a times I have been asked what to look for in a company before you decide to buy a share. Let me tell you what I was asked to do by an FII running an International Blue chip fund. Their definition of blue chip did change from market to market and the markets that […]
There is a lot of talk about markets fluctuating, algo trading, high speed trading..etc. as the reasons why people money. High speed trading is nothing new. At various points in time various ‘hi speed’devices have been used. For example even when the Telegraph was used in 1840 for the first time the the US markets, […]
Some of my learning from investing: If your family is not risk oriented / risk understanding it is difficult for you to invest / trade in equities. Investing maybe a part time activity, but equity trading is a full time activity. If you cannot make equity trading your full time activity, DO NOT make it […]
When people get fancy degrees in investing, they get trapped in jargon. Luckily for me I got into investing before I had any degree. Let us look at some of the jargon. Value Investing vs Growth Investing: All investing is value investing. You put Rs. 100 today hoping to earn more than Rs. 100 over […]
What is the PE ratio? Ask a Fundamental Analysts and he goes gaga over PE and how it is the best way to decide whether to buy or sell. Great. However when a FA comes on Television he also uses words like “but the share has been heavily oversold”. The anchor in all earnestness goes […]
Today you got to hear / read the Nitin Mangal story on Wall Street Journal. Some of you who are young and idealistic may have found the story shocking. Some of the slightly more older people may have heard some such stories earlier. Some of you may think I am sceptial of cynical – well […]