stay hungry, stay foolish
A Story of Indian stock market by Santosh Nair I had an induction course at my MBA Campus and a 2-day induction session at my first job at SBI capital markets. The inductions still left me unprepared for the real stock markets. I suggest this book as an induction material for all present and prospective [...]
A satirical note. Please dont try to invest in them. U-turnCoin - This is a negative cryptocurrency. All political leaders are given 100 coins by the election commission. As soon as they do a U-turn in policy, one coin is detected from their wallet. They cannot contest an election after they have exhausted all their [...]
By Donald Keough – A Coco-cola executive and with foreword from Warren buffet. This book immediately jumps into the best books on business in my list and simply put not many books are worthy of a foreword by Warren buffet (Halo effect). While, there are many books that talk about reasons for business success and [...]
Twelve classic tales from the world of wall street. The bizarre move in Gamestop stock last week prompted me to read this book especially to understand a similar stock cornering incident that was executed by a single person. In 1923, Clarence Saunders the promoter of Piggly Wiggly stores was involved in a corner and had [...]
An Autobiography of Anupam Kher. The first time I watched Anupam Kher on screen was in the Movie Karma – the Multi starrer and I would repeatedly as a kid enact the scene “iss thapad ki goonj suni tumne”. For people of my generation characters like Anupam Kher, Kader khan and Amrish puri were the [...]
“It is easy to get anything done in India provided you know whom to contact with how much money.” I had heard Josy Joseph on TedxGateway in 2016 and his talk was gut wrenching and so is no holds barred book investigating the dirty mafia of politicians and industrialist nexus. While, the book may seem [...]
An Authorized Biography of the very private man Azim Premji. They are 4 business leaders who have influenced me a lot Narayan Murthy, Azim Premji, Bill Gates and Steve Jobs. Any book which helps in getting to know more of these personalities is a welcome. The book does justice in trying to get all [...]
Exeptional Book in explaining biases while trying to understand business performance.
Why I feel very wealthy and successful after reading this book and hopefully stay. The Psychology of Money by Morgan Housel is a very interesting read and a must recommend for all people for understanding and managing personal finance. The book is easy to read and structured into small chapters talking about each topic. It [...]
Q1 FY21 results of Zee entertainment was an exercise by management in trying to shore up investor confidence in governance and give some straws of hope to the few bullish analyst and investors to hang on. Governance building measures: Isn’t good faith enough? Company committed to Qtrly disclosures of balance sheet and Zee5 data along [...]
ZEEL a 15k crore market cap made provisions/write offs of Rs 1500cr of write off and claims in a qtr!!! . A company whose promoters who have lost almost all shareholding (Mere 4.77% left) – write-offs should be seen with dollops of salt. Let’s look at the write offs/provisions/ claims in the quarter Inventories write [...]
Elcid Investments is a listed entity on BSE with a Market cap of mere 18 lakhs. However, the company is an investing company and owns 4.3% or 4.06 lakhs shares in Asian Paints which means an investment value of Rs 6800 cr or Rs 3.5 lakh per /share. The company has two subsidiaries: Murahar Investments [...]
In 2011 cricket world cup, India had entered the Quarter finals in World cup and I fancied a chance of India reaching the finals to be played on Wankhede. I reached out to a close friend with strong connects and was able to source tickets for World cup final whose MRP was Rs 7k each [...]
-Co-authored with Vidish Mantri The northern lights have always fascinated me and I with my nephew decided to travel to Norway this winter (Jan 2020) for the experience. To increase our chances of viewing the northern lights, we decided to keep enough days in Tromso (4 days) and added Svalbard (3 days). Svalbard archipelago fascinated [...]
Today marks 1-year of me quitting the corporate rat-race and doing away with the addiction of a salary. The idea behind this was to now spend more time in doing things that I really wanted to do. I had a very satisfying job as an Equity Analyst and the only role I ever had [...]
The reason to get into any bet or trade is to take an advantage of the pay-outs because of the edge that you have. The edge could be a function of knowledge or skill. In sports, poker or trading, the side that wins in the long run is the one with Edge . In this [...]
Being stuck in Poker or Investing means that you are currently losing money. In poker, this could refer to your current session or this could refer to your cumulative results over a little while. Being stuck in investing or trading means that you continue to hold an investment/stock because you are losing money in it. [...]
15 days , 12 destinations , 15 role models , 500 youth , 8000 Kms Today I embark upon a 15-day long, national train journey that will take you 8000 kilometers across the length and breadth of India, to understand and build the India of smaller towns and villages through enterprise. Traveling along this train [...]
Years ago investor Mohnish Pabrai lost big on an investment in a troubled lender called Delta Financial. Soon after he did an interview with SmartMoney magazine: SmartMoney: How do you deal with Delta Financial, profession- ally and personally?Pabrai: Investing is a game of probability. Sometimes when you make favorable bets, you still lose them. Even [...]
Zee stake sale of upto 50% of promoters holding is likely to be concluded soon as per promoter’s statements in investor concall and on an interview with CNBC. https://www.cnbctv18.com/videos/business/zee-entertainment-stake-sale-to-conclude-by-early-july-says-ceo-punit-goenka-3489961.htm Also, the promoters mentioned that they have one binding agreement and expecting another after which the family will decide. One of them is financial investor and [...]