“Don’t invest in pieces of papers (stocks), invest in great businesses underlying them” – Warren Buffet “When we own portions of outstanding businesses with outstanding managements, our favorite holding period is forever.” – Warren Buffet These quotes by the master investor sums it up [...]
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Given the very steep expectations, I think Mr. Jaitley should be commended for meeting or exceeding the expectations of most of the key global and Indian stakeholders like Global investors/ FIIs, Indian Industry captains, Indian brokerages/ Financial community, stock markets. Given that the Govt. ha [...]
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Hello readers, How Indian markets performed in 2015 vis-à-vis world markets: Before we get into 2016, let’s look back and see how the Indian markets performed in 2015 vis a vis the world markets. The Sensex was down by 5% with respect to 2014 closing levels (from 27500 levels to 26100). US equity [...]
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Its interesting to see how the market (Sensex) has gyrated in the last 12 months, from about 26000 levels in end September 2014 to >30,000 and back to 26000 again, from 27500 level at the start of the year to >30,000 and now down at 26600. This kind of steep volatility has surprised most of [&hellip [...]
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In recent times , Indian market and economy seems to have hit the cross roads with concerns of parliament and policy logjam, banking system stress , credit / investment cycle not taking off, rural or agrarian crisis, uncertain monsoon, slowing exports etc. The manic depressive market which was eupho [...]
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Global Markets have been fretting and perspiring about Greece going bankrupt for some time now. I am amused and surprised on why markets and media are so hyper on the prospect of Greece going bankrupt and exiting European Union .Let’s get this into perspective. Whats the big deal about Greece goin [...]
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Last few weeks has been a bloodbath in dalal street when the market due to combination of global and internal factors got spooked and hammered all the stocks down . Suddenly the market’s honeymoon period with Modi govt is over and the patience is running out fast, though the govt has been making t [...]
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“The most common cause of low prices is pessimism – sometimes pervasive, sometimes specific to a company or industry. We want to do business in such an environment, not because we like pessimism but because we like the prices it produces. It’s optimism that is the enemy of the rational [...]
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We had huge expectations from the 2015 budget presented by Arun Jaitley.It had been hailed as the “make or break” budget and most awaited budget in Indian history . Given the very steep expectations, I think Mr. Jaitley should be commended for meeting or exceeding the expectations of most of the [...]
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Hello readers, How Indian markets performed in 2014 vis-à-vis world markets: Before we get into 2015, let’s look back and see how the Indian markets performed in 2014 vis a vis the world markets. The Sensex was up by 30% with respect to 2013 closing levels (from 21170 levels to 27500). US equity [...]
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After a unidirectional climb for more than 1 year, multiple factors, mainly global ones led to about 7% percent or 2000 point correction in Sensex. These global factors ranged from year-end profit booking by FIIs, Rouble crash, Chinese manufacturing slow down, nervousness around Fed interest hikes [...]
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Efficient market theory is one of the key theories of modern finance. Widely taught in all Ivy league universities, it says that it’s impossible to beat markets consistently as markets are super-efficient in capturing all the relevant and latest information and events Therefore no living mortal ca [...]
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