Ego and pride are not really useful elements any where. So even while investing ego, pride, etc. have to be packed away in a box and tightly secured in a box. Many investors I know have made money because of luck or research done by some other person. However when they apply their minds […]
Sometime in 1994 a friend wanted to keep some money in a fixed interest bearing instrument. The amount was about Rs. 15000. He kept it in one company – let us call it Company A. Sometime in 1999 I was surprised to see that he still had his money there. I told him and […]
Peter Lynch managed money for a very short term, but did such a great job that he became very famous. He is also a very good writer – which means he has books which have sold more than a million copies. Awesome indeed. Some of the things that he said are really worth remembering, but […]
Must see this. Crest Animation is being touted as a MULTI bagger…which means X to become 10X or 20X. Sadly it has become X/10….multi bagger or multi BEGGAR? LOL http://www.moneycontrol.com/video/stocks-views/crest-animation-may-give-100200-returns-sp-tulsian_498274.html
There is a big problem all distributors face. When the product becomes good and has a successful track record, the distribution margins reduce. So it is a catch 22 situation. You work hard, collect money for a fund house, they employ a good fund manager who delivers good results…so the scheme does well. Then […]
In an earlier post I had mentioned that 3 shares fell into a theme for me – good companies went into bad times (eps was down), realised its mistakes and took corrective action. The 3 shares were Essel Packaging, Cholamandalam Finance and Themis Medicare. I have no clue WHY, but Themis Medicare went up from […]
Almost every body whom I meet asks me this question: “Should I buy gold?”. My answer is never straight (everybody around me says that!!). So I ask “Why?” The answer always is : “Because it is going up.” To me this answer is scary and completely stupid. If every body is buying an item because […]