What Warren Buffett says about basic investing, spending, savings are so true, that MOST of us know it. However too many of us do not live it. So it is useful if once in a while somebody can just rejig the memory. If it does make a change in your life, thank HIM (I […]
The equity market is like a lion. When you see it take a couple of steps back, it is not to run away, but to spring with great vigor. Ok this may not sound too great, but you may not have heard it anywhere else too! You have been hearing Bill Gross saying ‘Equity […]
I am very, very old fashioned in my ‘valuation’ techniques. If you search through my blog you will see a lot of posts criticising the new gen valuation techniques. I used to like the PDR – price to DIVIDEND ratio. Then my valuation friends changed it to PER (price earning ratio). Of course then there […]
“Invest like Mukesh Ambani” or “Invest like Warren Buffet” or “Vallabh Bhansali”…are all very sexy and very very media like advice. And typically stupid, wrong and impossible to implement advice. Do not even read such articles further. Face it. Whatever it is, in this birth you are not Buffet, Ambani, Jhunjhunwala or Bhansali. Fact is, […]
There is nothing called a ‘Buy and Hold’. Repeat. There is nothing called a Buy and Hold in portfolio management. Whether it is a Warren Buffet, Peter Lynch, Vallabh Bhansali, Chetan Parikh, …..what sounds like B and H is actually active management. They buy shares and then follow the company through out its journey. In […]
Here is a link to the thoughts of Warren Buffet… I more than agree with most of the article…also because I believe it, you could call it affirmative bias. I know people who have made fantastic returns in property trading, gold trading etc. However I do not believe that real estate, bonds, and gold can […]
The Quarter ended – Oct, Nov and Dec 2011 will perhaps see the worst results. This is because this is the Q that will see the full impact of high interest rates, the worst economic data (cause and effect are very difficult to know), bad mood, …etc. When these results are announced, people’s worst expectation […]