I have spent half a century on the planet so have a lot of friends, classmates, cousins, friends who have spent similar amounts of time on planet earth. I have a lot of friends who are runners, and cyclists too. A few days ago one young friend was cribbing about the price of petrol. […]
If you are a Tata Motors watcher, the sales of Nano should worry you, right? Well, not so fast. The sales of Nano will not do any great magic to the sales of Tata Motors. Nor will it affect the margins. To make an impact on the books of Tata Motors, Nano has to sell […]
What can feel better than going to a New Car showroom and driving out on a new set of shining wheels? That blue sedan or the red hatchback which you always wanted to buy…is now yours! Wow! But just hold it. Have you considered the real and total cost of owning a New vehicle? […]
this was written in 2007-8 and appeared in an abridged form in moneycontrol …. Hello, Congrats on the nice job you have got! With a degree from an Ivy League school this was a nice job to land. I know you have majored in Finance and are hoping to make money by the tons. […]
I was sitting on a pile of sugar shares, and sugar is doing well. Frankly I think 2010 and 2011 are likely to be bullish for sugar mills profitability will only get better. The retail sugar price is unlikely to come down and this ensures good EPS. Given good eps and buying by institutions sugar […]
There was an amazing news item now. Mr. D Swaroop said Rs. 15,000 crores was paid as commission to the insurance distributors, so they have decided to eliminate commissions. Fantastic idea, should be immediately implemented! Vow! So the investors save Rs. 15,000 crores. A quick calculation showed that the insurance companies paid Rs. 22,000 crores […]
The power of compounding – inflation is negative compounding! Over a long period of time all things get expensive. Remember the first time your mom sent you alone to buy bread? What was the price of bread? Re.1? Rs. 4? – well today it is Rs. 20. That is inflation. I remember my Dad topping […]