“Invest like Mukesh Ambani” or “Invest like Warren Buffet” or “Vallabh Bhansali”…are all very sexy and very very media like advice. And typically stupid, wrong and impossible to implement advice. Do not even read such articles further. Face it. Whatever it is, in this birth you are not Buffet, Ambani, Jhunjhunwala or Bhansali. Fact is, […]
Mostly people look for capital gains. Not sure why …maybe it is the media effect or friends effect.. Sadly not enough data is available in India about the returns – even company websites do not have the details. For e.g. I cannot know how my shares have fared if I bought Wipro in 1980 for […]
I am very excited about doing a series of articles on lying with figures. One of my students sent me a Wharton study and the following line caught my attention. I thought it should be shared. Many of you have seen the ratings done by many websites about fund performance. “We are the world’s best […]