While personal income tax occupies the maximum attention, a country’s budget encompasses much more. Ultimately, a Union budget is quite similar to a household’s. It’s a detailed statement of income and expenses. We share 4 key numbers from this budget and how India fares on
Charlie Munger, Warren Buffet’s long-term partner at Berkshire Hathaway, said “It is remarkable how much long-term advantage people like us have gotten by trying to be consistently not stupid, instead of trying to be very intelligent.” It might sound fairly simple and easy to adhere
I look forward to the financial year ends. That’s a time, me, and our analytics team at BuckSpeak go down a few rabbit holes, to dig relevant insights. The small and mid-cap rally in equities was almost crazy this financial year. You can go through
“I probably trust the answers that come out of ChatGPT the least of anybody on Earth.” — Sam Altman, CEO of ChatGPT-maker OpenAI, remarks at a forum in India, June 8, 2023. I was looking for quotes from 2023, that could perhaps encapsulate the year. I
“In war, prepare for peace; in peace, prepare for war.” – Sun Tzu, author, ‘The Art of War’ I know that Warren Buffet’s favourite holding period is, forever. However, most of us don’t have that kind of luxury as we have goals to fulfill”. Also, ‘timing’
We all strongly believe that India’s(economy) time has come, and it is at an inflexion point. On most parameters, the economy stands out and presents relatively a better opportunity than most major economies. So, have we changed our view to have come up with the
Memento Mori Stoicism talks about the concept of Memento Mori, which means ‘remember that you are mortal’. Before you label me as a depressed guy, hear me out (or rather read ahead 😊). Stoics believe that by remembering about death every day, instead of being
Getting Bored of your Investments? You are on the right track To quote Jason Zweig (Wall Street Journal columnist and one of my favourite writers on personal finance and investing) : Scientifically speaking, boredom is a mildly unpleasant state of mind usually triggered by a
FY 2022-23 was a year of ‘accumulation’ (reminded me of 2018-19). Corporate profits grew, Equity markets didn’t and hence valuations became reasonable. This meant, we could buy more for the same investment. Sometimes Investing can be that simple!!! This is the kind of year, we
In 1849, French writer Jean-Baptiste Alphonse Karr wrote “plus ça change, plus c’est la même chose “ – the more things change, the more they stay the same… Last 18 months in equity markets : While Small Cap index has corrected 17-18 % in absolute, the