Saurabh Mukherjea and Andrew Holland, both top-brass at Ambit Capital, appear to be indulging in reckless guesswork in predicting the state of the market. While Andrew Holland has predicted that the Nifty will surge to 10,000 by December 2015, Saurabh Mukherjea has predicted that the Sensex will crash to 22,000 by the same time. This farce has irked the punters at MMB and they have demanded accountability from both stalwarts
Govind Parikh’s name is not familiar to us. He has been quietly scooping up top-quality companies and today his portfolio boasts of several magnificent 60-baggers. There is much that we can learn from this soft-spoken but savvy stock wizard
Prof Sanjay Bakshi, the authority on value investing, has propounded the startling theory that an aversion for loss can turn a conservative person into a gambler. The Prof explains that this paradoxical situation occurs because we lose sight of the distinction between “loss aversion” and “risk aversion”. In seeking to avoid “loss”, we miss out on great investment opportunities and also expose ourselves to risk says the Prof
Kalparaj Dharamshi, the veteran value investor, has made a mega fortune from stocks. However, he remains humble to the core, crediting Rakesh Jhunjhunwala and Radhakishan Damani for his success, and putting the blame for his failures upon himself
Howard Marks has drawn a masterful distinction between “fundamental risk” and “investment risk” and explained that while a top-quality stock may not have “fundamental” risk, it carries an “investment” risk if we overpay for the stock. The vice-versa is true for a low-quality stock quoting at throwaway valuations, he says. The moot question is how we can apply this wisdom to a real life situation
Ace stock pickers love to hate Jim Rogers, the so-called legendary maverick investor. His controversial statements about NAMO and Indian stocks always gets their knickers in a twist and they love to outrage about it
It is simply mind-boggling that while we are barely eking out a living, Nikesh Arora of Softbank is taking home an annual salary of Rs. 850 crore which is more than the collective net worth of our favourite stock pickers
While novice investors like you and me are squabbling over the merits and demerits of a concentrated portfolio versus a diversified portfolio, there are some amongst us who have gone the other extreme by buying all the stocks that they can lay their hands on
Even investment legends like Warren Buffett and Rakesh Jhunjhunwala would gaze in wide wonder at the incredible 2000x gain achieved by this amateur – ace investor. We need to pay attention to, and emulate, his technique so as to be able to take home mega gains from our own investments
Vijay Kedia, the self-made millionaire, never tires of advising anyone who cares to listen that we don’t have to stray afar to find the path to riches. Instead, all we need to do is to focus on “simple” and “safe” stocks with impeccable management pedigree and predictable earnings growth and remain invested in such stocks for years to come
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