The skill in the Investment Game is manifold. Keeping your cool from an index of 21000 to 9000 and then back to 21000 is not easy. In fact keeping your cool from 2000 to 21000 over a 4-5 year period was not easy for most of us. Now again the index is at 25,000 (03 […]
I am asked the following questions very often: -Will you advice me on Portfolio Management of Direct equities? -Will you be my broker? -Will you just tell us what you buy and sell? I have said no to all this – and do it every week!! Let me tell you why. Portfolio Management is an […]
People who read my blog regularly would have seen me contradict myself many times. That is the bane of fund management. Especially when you are managing somebody else’s money for a fee. This post is to explain one such contradiction. Most of my regular readers know that I do not like PSU companies. Bad/ poor […]
We are amazingly smart people and remember all that we did, right? No. Wrong. Let us criticize the MI management for a minute. They gave up Dinesh Kartik, Maxwell, Jhonson , but kept Harbhajan, zaheer khan The question is what made them choose the latter and give up the former? Well I assume that a […]
More and more people want to invest in equities, but have no clue how. Then there are some who are so worried about volatility that they prefer putting money in banks and paying 30% tax on interest, but will not put money away EVEN IN A LIQUID fund! Can you lose money in equities? Of […]
Last week I was speaking to one of the bright kids I work with. For practical purposes let us call him John Galt. This kid (25 years old) has just started earning a nice salary. He spends well but can put away a nice amount on a regular basis, but is not doing so. I […]
It must have been in 2006 when a senior banker asked me to meet his neighbor’s cousin. She had lost her father (her mother had died long ago) and was having some problems understanding her late father’s portfolio. She had no clue of her father’s portfolio, but she kept saying that he would regularly buy […]