Only thing about markets is NOBODY knows what will happen in the future. Some of us sound like a genius by saying the same thing again and again. Some other brave fools go to the roof top and say ‘Market will go up 22% this year’ and the market makes them look like fools. However, […]
I have written tons on how to invest…and clearly I think reading the investment MAGAZINES and watching TV are no-no-never in my scheme of things. read selectively, switch off the tv and stay on for the long term….have been my mantras.. but here this is what Fool.com has to say http://www.fool.com/investing/general/2012/08/14/3-simple-ways-to-stay-sane-in-the-market.aspx#.UCxGGKnibxo
‘My Grandson has run up a HUGE debt…fool he is, so I am going to repay it in one shot’…………….said a friend’s father. Chuckle chuckle….DO NOT REPAY the loan I said. I said again R bhai, do not repay your grandson’s debt, it is not worth it. He was really shocked – knowing my anti-debt […]
When Tata Motors launched Indica, I was skeptical, sold the share and bought it back at 25% of the price at which I sold. Just luck I guess, but I will live with that. A brilliant observer of the auto market Adil (of Car and Bike fame!) told me “I told T Motors they should […]
I am convinced that there is a mafia out there of loan givers, steel manufacturers, cement manufacturers, etc. who want you to buy a house. I have been talking to a couple of builders, financers, investors….and frankly not convinced that the real estate market is any where near mouth watering levels. Same is true for […]
I had a long, funny and sometimes heated discussion with an equity analyst. Not that he is a great analyst – nor is he a bad one. However like most fund managers he believes ‘equity returns are a function of timing’. He says…’see if you had invested Rs. 100 in the index in 1980, it […]
In the pre Sebi and pre NSE days, the BSE (actually it used to be called The Stock Exchange, Mumbai) used to do its settlement once in 15 days. Then it came down to once a week… This meant a lot of weak players would do transactions for a much longer period than what they […]