i have a core portfolio – and a small trading portfolio. The amount allocated to the trading portfolio has not changed in the past 4-5 years. Take a bow, Ratan Tata, Tata Motors back to the Jewel position in your crown… In the recent past i had added Tata Motors (dvr), Cholamandalam Investment, Divis […]
One young fresh MBA girl walked up to me and said ‘I want to get really rich…if you give me just 1% of your wealth, I will be rich’. I said, I will make you rich and teach you to get really wealthy, WITHOUT giving you anything, but by just teaching you…HOW to get rich. […]
I kept saying that the market perceives that the worst quarter – for a short time at least was the Q ended Dec 2011. Why this quarter? The interest rate increase was felt fully, sales were down…and obviously profits were expected to be down. It is in such a time that the shares (which had […]
The Quarter ended – Oct, Nov and Dec 2011 will perhaps see the worst results. This is because this is the Q that will see the full impact of high interest rates, the worst economic data (cause and effect are very difficult to know), bad mood, …etc. When these results are announced, people’s worst expectation […]
Well I have a lot of presence on the web – fb, linkedin, twitter, then the obvious mails…etc. One of the websites I use is ‘moneycontrol’ – for prices and charts…funny thing is a part of my portfolio is there. I keep getting advice as follows: –Cholamandalam is the biggest loser in your portfolio..what should […]
If you wondered how a company can fudge its accounts, well here are some things that they do: – show less expenses: if you want to be more profitable -show more expenses if you want to be seen as less profitable from real life. – increase profits by showing revenue expenditure as capital expenditure – […]
The people with old portfolios – some of them in their ’80s is coming from a completely unexpected source (that is what risk is supposed to be, is it not?). My parents lost Cadbury, Kodak, Hoganas, ITW Signode, …significant shares in their portfolio to a ‘buy-back’ in the 1980s…or 1990s, not sure. Buy-back is a […]