Picking up the thread from last time, I move on to Jim Rogers.Jim Rogers is unique in the sense he has traveled round the world twice once on a motorcycle and later in a custom-made Mercedes.He is amongst the few investors who have actually traveled the world twice in search of pastures for investment.He had started the Quantum Investment fund with George Soros which gave a return of 4200% (You read it right) when the S&P return for the same time was 42%.Jim Rogers discovered stocks in an Eastern European economy bought them cheap, popularized...
Friday, 24 July 2009
Saturday, 18 July 2009
Masters of Investing: Peter Lynch
Posted on 23:20 by Unknown
Lets take a break from focusing on the markets and have a peek at the Masters who built fortunes in the markets.As and when time permits, I would try and post about the greats of Investing.Peter LynchPeter Lynch is one of the masters of the modern era of investing. He built up a career in Fidelity, the world's largest mutual funds.He has written 2 Best-selling books, "One up on Wall Street"and "Beating the Street". These books are a must read for any investor in the markets.He has a simple investment philosophy which can be imitated successfully...
At Crossroads Again
Posted on 06:44 by Unknown
It was a spectacular rally this week. We bounced off 3918 and are at 4374 in no time.So where could we head from here?Fundamentally:Results are pretty decent. TCS results beat the street. They have tightened the Operational efficiency. In plain terms, cost cutting rather than new orders.For me, the most significant result was that of IBM. IT looks to have arrested the downward spiral. When the recession ends IT will bounce back the strongest because of pent up demand. The companies which make use of recession induced belt tighteneing will be the...
Saturday, 11 July 2009
The Road Ahead?
Posted on 07:56 by Unknown
It was a tumultuous week for the markets. The largest weekly loss since October 2008.The budget kicked it off by not living up to its expectations.Fundamentals:The key trigger for further rally was the Union Budget. It has disappointed sorely. FIIs were net sellers about 2 weeks before the budget also. Budget gave them fresh impetus to sell.The budget is out of the way and the 2 next triggers are Monsoons and Q1 results.The monsoons at best this year would be average. This will impact rural demand and also cost the government in relief packages....
Monday, 6 July 2009
Expectations kill the Budget
Posted on 06:58 by Unknown
The news channels hyped up the budget and raised expectations to sky high levels.The Budget was a good one considering the time the government had to prepare it.It was not good considering the expectations set out by the Economic Survey.Removal of FBT, GST roadmap, Commodity Tax roll back all are good signs.As the FM pointed out budget is not the only forum for reforms.One more good signal was that the government is not going to let stakes in companies fall below 51 pc. This clears all the speculation on disinvestment.The next triggers for the...
Friday, 3 July 2009
Economic Survey and Rail Budget point to a Reform driven Budget
Posted on 06:31 by Unknown
The Economic survey pointed to a reform oriented budget. It spoke of all the things which are needed to drive growth ahead.The Rail Budget was good in the terms that they were not many populist measures which would burn a hole in the Railways pocket.The Budget could be a good one because:1. Government has a strong mandate. This is the year where its most likely reforms can be done.2. The government has taken a tough decision like hiking fuel prices.All this points to a reform driven budget.The key things I expect from the budget are:1. Roadmap...
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