My neighbor of many years had about 900 shares of Hdfc (pre split) so now he should be having 4500 shares. His portfolio was not too great, but this share somehow he listened to me and held on from 1980 onwards…so it had grown. He had a very ambitious broker – and my genius neighbor […]
Many companies are today in some kind of trouble. It is fashionable to cut something or the other in the name of a slowdown – so right from the toilet paper to sugar in the coffee everything is under some scrutiny. However, it is difficult for many CEOs to cut salaries and bonuses. So even […]
A couple of weeks back I had written a post about how the slow down will hurt some industries. Fairly clearly those companies (industries) which have a high cash burn ratio – and who cannot reduce fixed costs will bleed first. Financial services industry – life insurance, broking retail, general retail – are all vulnerable. […]