“Invest like Mukesh Ambani” or “Invest like Warren Buffet” or “Vallabh Bhansali”…are all very sexy and very very media like advice. And typically stupid, wrong and impossible to implement advice. Do not even read such articles further. Face it. Whatever it is, in this birth you are not Buffet, Ambani, Jhunjhunwala or Bhansali. Fact is, […]
Do I have to tell you where I heard this advice? ….so here it is: 1. If you are not confident, keep your money in cash: ‘Cash is king’ goes the argument. My take: If cash is king what is inflation? I think sitting on cash till the market improves is an amazingly stupid piece […]
Fund Managers need stories to sell the fund to the investor. Will they ever, ever say sell equity funds and wait in liquid funds? No. Will they sell equities and wait in cash on your behalf. NO. They cannot and should not. This is exactly where a PMS can step in. However I would recommend […]
I have done a lot of articles on valuation in the past – and let me repeat, I am a old fashioned investor. I believe that I buy a share so that I can get CASH much more than what I outlay. I prefer seeing more cash up front (dividends) and not have to rely […]
It is not easy to give simple advice. It is ever more difficult to follow them. Simply because if you do follow them and make money, your MAIN assumption in life ‘what is complicated is good’ is shattered. Ok here are some old nuggets which I have said in the past, saying it now, and […]
Why do we pay money to watch a film? Simply because we love to see the good man win and the bad man lose. This is basic to a film. So when we go to a movie the director starts building up the image – the bad man does bad things and the good man […]
The Government of India’s cheapest source of funds is of course by cheating the Indian saver. Pay him BELOW the current inflation rate, and all the money will belong to you….. However that alone is not enough, so you sell shares of Coal India. I hold a couple of ‘000 shares of Coal India. Can […]