So you lost a bunch of money in the market, right? You bought Crest Animation, K S Oil, Punj Lloyd. None of them are likely to be anywhere near your cost for the next decade or two. Or you bought Kingfisher shares because somebody came on Television and told you it is a great buy. […]
I have referred to the low p/e of psu companies many times in my past posts. For many people who do not have any exposure to the government’s way of working, this may sound surprising. Let me also clarify that calling the government a rogue does not mean I am saying that the private sector […]
We have a general police force which is expected to tackle terrorism. To me this is a joke. A cruel joke at that. First of all the police is expected to tackle traffic, general law and order, VIP bandobast, runaway marriages….well it is like a joke. Then there is political interference to deal with. Let […]
Mohan Chand Sharma a senior police officer has been shot dead by terrorist. Of course a few tears will be shed for him, the delhi police, the delhi state government and the central government will issue statements. Some money will be paid to his widow and slowly all be forgotten. Does his wife feel at […]
The share markets around the world have been home to more than its fair share of scandals. There have been scandals from accounting, fraud, rigging, insider trading, audit committees not doing their work, research reports for different audiences, back dating of esops, and initial public offerings. Maybe you’ve just lost a fortune in the market. […]