So many people are asking me: Is it a good time to buy shares? Is L&T a good buy….it has fallen by Rs. 400? Is it time to put money in the Nifty? Should I average my Reliance Industries – I had bought it at Rs. 1200! Should I buy Suzlon..I had bought it at […]
About 6 months back I had a long list of shares to buy…rather discuss with my broker..let me share some of them.. 1. I thought Reliance was a great buy at Rs. 1150…he said hold on, do not be in a hurry. Today it is sub 800. 2. I thought Tata Motors at 1000 was […]
There is a bunch of investors with whom I am friends with. Some of them are real rich and some of them are super rich. Let us say apart from a nice house with a value of about a Million US $, they would have a net-worth ranging from a Million US $ to 10 […]
This morning I was watching television and an expert came…. He was asked what shares to buy…he said buy pharma. He then said buy GSK…. Then he was asked which shares one should NOT BUY…and he said: Do not buy Realty stocks, infrastructure stocks, auto, ….not sure what else..but auto, infra and realty were surely […]
Every time I talk about equity investing, I ask my audience to invest in 2 notebooks of 200 pages each. One notebook to write down what makes you buy / sell a share, what price you are paying, transaction charges, etc. Sometimes I also ask them to write what ‘gut’ feeling that they had. So […]
If you wondered how a company can fudge its accounts, well here are some things that they do: – show less expenses: if you want to be more profitable -show more expenses if you want to be seen as less profitable from real life. – increase profits by showing revenue expenditure as capital expenditure – […]
One very important thing to know while investing and hoping to create wealth is to know about smartness. Which means when you have a good fund manager who is willing to treat all his unit holders equally, you need not have a high IQ. Also when you are investing directly it is better to know […]