It is amazing how people will not do simple things to make money! Start early, index your investments, do not interrupt the compounding process…..but will continue to do stupid things. In 1600 it was tulips, in 2012 it was Social Media! The fall in market capitalization of Groupon is about US $ 20 billion, and […]
Let us look at 4 of them: Reliance Power ( P/e of 81, obviously not paying dividend) or Tata Power (p/e of 20 and dividend yield of 1.35), or Ntpc (p/e of 13 and div y of 2.62) or Nhpc (p/e of 8 and div yield of 3.31). could not decide, but told myself when […]
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 […]
Well none of us know what next…but let us look at the crystal ball: – we are at 16,200 on the sensex as I write this post. Do not rule out a 25% jump in about 12 months time – which is more than 3 years yield in the debt market. – we all knew […]
From all my posts if you have come to the conclusion that I am against PSU companies, you may not be very wrong. Are the employees in these companies to be blamed for their plight? Yes and No. I have known extremely committed and well meaning PSU employees. I used to know a person in […]
Normally the public sector units trade at a lower price earning multiple (p/e multiple for those who did not understand the full version). This is largely because there is a general feeling that the owner (manager) does not care too much about the main shareholder. To expect the ‘corrupt’ or ‘indifferent’ employee to work for […]
If you see the fund performance in India, most, if not all fund managers have schemes which beat the the sensex or the nifty. Have you wondered why it is easy to beat the indices in India but fund managers in the US find it very difficult to do so? There are just too many […]