Indian promoters are making hay while the sun shines. 2024 will end up being the best year for IPOs. Let’s begin with our take on IPOs : we don’t like them 😊. We love them as a process, since it is such an integral part
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
“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
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
The above is such a simple and yet profound statement, shared by Vinit Sambre, CIO at DSP Mutual Fund, during a conversation we had last month. Back in the day, information inefficiencies used to be a huge arbitrage in equity markets. However, with the advent
I know we are well and truly into the new year, but I still think that it’s not too late to share our piece for 2022. Let me take this opportunity in wishing you, your family, your loved ones and all of us a very