How many times have people told you “you should invest like Warren Buffett” or ‘You should invest like Peter Lynch’. Let us face it. You are Parag. NOT Warren Buffett or Peter Lynch. So you cannot invest like them. Let me tell you what one promoter told me once. He had controlling stake in a […]
Sometime in 1994 a friend wanted to keep some money in a fixed interest bearing instrument. The amount was about Rs. 15000. He kept it in one company – let us call it Company A. Sometime in 1999 I was surprised to see that he still had his money there. I told him and […]
To be successful you need to have tremendous Self Image. Now the line between self image, self worth and ego is not easy to draw. So one has to keep learning…. When a kid joins corporate India – he/she could get mauled by a boss with a huge ego. The kid has to know when […]
Let us look at 4 of them: Reliance Power ( P/e of 81, obviously not paying dividend) or Tata Power (p/e of 20 and dividend yield of 1.35), or Ntpc (p/e of 13 and div y of 2.62) or Nhpc (p/e of 8 and div yield of 3.31). could not decide, but told myself when […]
If you thought only Indian politicians talk through their hat…see what Obama said… “The Buffet tax will help us bridge the deficit”. This is exactly what a Pranab Mukherjee or a P Chidambaram tell the PARLIAMENT when they talk about the deficit. The truth is NO politician is worried about what he says because he/she […]
No, sorry you will not find the answer here. I do not want to join the cacophony out there. However I have found the following types of answers: 1. I do not know what to do, so no comments. 2. I will do what the big boys are doing. Pssst…do you know what the big […]
The biggest risk in the financial services business today is the Regulatory risk. The more the regulators think that they can prevent frauds and cheating the more they will move into the controls of a business. Sebi has been making a lot of changes in the mutual fund business – there is a good chance […]