I hope there is nobody out there with a gun to lynch me. Let me tell you about 2 contrarian calls that I had over the last 15-20 months, and which made me money. One was gambling that the dollar will strengthen – the world was willing to write it off. Moneycontrol carried the story […]
For a minute forget what the various parts of the financial services industry is telling you. The profitability of this industry seems to be fantastic. Let us take 4 parts of the industry: a. Banking: Over the years the biggest and the richest fortunes have been made by bankers. No doubt about it. Goldman Sachs, […]
This is a very, very old story and posted earlier, Now reposted, sorry! Kachua is an old client of mine – filled up SIP forms and keeps doing the SIP – now for almost 10 years. Kharghoshs were referred to me post 2008, in tears and in Red. Not sure how long they will last […]
Well not long ago in India there was a business group called the Ambani group. When we met as journalists or as analysts we were told that the younger brother Mr. Anil looks after finance. Then one day Mr. Anil Ambani wanted out and the elder brother said ‘let us split’ . So they split. […]
In an earlier post I had mentioned that 3 shares fell into a theme for me – good companies went into bad times (eps was down), realised its mistakes and took corrective action. The 3 shares were Essel Packaging, Cholamandalam Finance and Themis Medicare. I have no clue WHY, but Themis Medicare went up from […]