An Investment classic published in 1852. People like crowds. The bigger the crowd, the more people show up. Small crowd, hardly anybody shows up. -Gallagher With Gamestop, Tesla, and Bitcoin being the most talked-about investment idea in the last few months. I decided to get back to the first principles of understanding and knowing manias. [...]
Author: Vikash Mantri
Book review #Eight of 2021: Bulls, Bears and Other Beasts
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 [...]
Fictional Cryptocurrency in India
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 [...]
Book review #Seven of 2021: The Ten Commandments of Business Failure
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 [...]
Book review #Six of 2021: Business Adventures by John Brooks.
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 [...]