There are many myths in investment management …let us break some of them: Buy low and sell high: Such a simple statement to make, and impossible to do in real life. Buy cheap and sell dear. People would like to think this is easy to do, but remember whether a share is high or low […]
There are many companies which have given fantastic, scorching returns. Microsoft, GE, Berkshire Hathway….are some examples. Berkshire Hathway, well er is a fund..or so you thought. Let me tell you, it is not. Mr. Buffet is a brilliant businessman, fantastic stock picker, (fantastic bargain picker – look at the recent offer to pick good bonds […]
Continuing with my Saturday’s blog…Reliance did list at a discount to the “perception price” of Rs. 450 + a premium of Rs. 150-160. It tanked to 390 and then zoomed past 430! So the poor investor who is stuck with the share procured at 430 does not know what to do? I have had people […]