When a company or an individual has NO borrowings, it pays no interest, right? Well no. Let us take the case of a company first. Interest is what you pay for using some other person’s cash. Well if you use an asset you are paying interest in another form – called rent. So if you […]
Here is a mail from a reader A….a. I cannot profile her, I know not. Assuming she is a typical middle class person…her experience is interesting. Looking for comments from readers on what she should do… “Want to share my experience with the readers and Subraji. 2 years ago I and my husband bought amulya […]
I remember a friend saying when he got a tip to buy a share the first thing he would ask the person is – will I be able to sell 500,000 shares without impacting the price of the share? Accumulation happens over a long time, however exit could happen suddenly and swiftly. Also the company […]
LinkedIn came out with an IPO and became an instant hit. I am personally against IPOs – and my reasons have nothing to do with LinkedIn. I am on LinkedIn and have benefited by being on it. However I am not for buying an IPO -EVER. Now LinkedIN was a company created in 2003 and […]
So SEBI has one more work for mutual funds. They are supposed to be the conscience keepers for corporate India. Good news. Next they may be asked to get a ‘good behavior’ certificate from unit holders – saying I will redeem them only for legitimate purposes. I will not use the proceeds for buying a […]