The mistakes that I made in my equity investing have now been well documented. Now I will tell you some more shares where I did not make ENOUGH money. This is the mistake of spotting the opportunity but not having the brain power to stay through the full journey of wealth creation. Infosys: My investing […]
One reader (SR) sent me some details like age etc. and asked me “Can I Retire, my age is 41 years”. Answers like ‘yes’ or ‘no’ is perhaps very easy to give. Completely irresponsible too. Let me explain. If I were a doctor and a 41 year old man came and said ‘this is my […]
Hypothetical conversation between a GOOD INVESTMENT adviser and a potential client…. Circa 2007 end: Client: Mr. Adviser I have some shares in my portfolio can you please tell me whether I will make some money on them! Ad: Sure client, tell me which are the shares that you are talking about please? C: The shares […]
WoW that is amazing, right? banks become brokers, so what is in it for you? Well, er, sorry, but NOTHING. Really, nothing. Ok, do you know how a shop sells cell phone connections? – 99% of the customers will not care whether they buy a Bharti Airtel, Tata, Reliance….so the shop keeper sells the ones […]
If I do a quick analysis of my portfolio, I have made money largely from companies very high on compliance. The groups are Tata, Murugappa, Sundaram, Birla, Hdfc, Multinational companies. Not sure whether clubbing Multinational companies in one group makes sense – largely it is the American companies which have shared their prosperity with their […]
Markets fell by 240 points yesterday and has fallen 230 points already today. For people like us markets means sensex! Markets are driven by 3 factors – Earnings of the companies, the future expectations (price-earning ratio) and the liquidity in the market. In the current market earnings are at their peak – the next couple […]