Radhakishan Damani’s tryst with the Forbes Billionaire Club has been a short one. He entered the Club last year in the midst of much fanfare but has been unable to hold on to the position. However, there is no reason to despair because a slight uptick in the stock market should put the ace stock picker back in the reckoning
When Jim Rogers, the maverick legendary trader, bluntly declared that he was “disillusioned with India” and was “selling all his shares”, the local Gurus took umbrage and showered him with the choicest of abuses. Now, in the wake of the steep correction in the markets and the widespread disillusionment with NAMO, the Gurus are gracefully admitting that Jim Rogers may have been right after all
Average Raju investors like you and me usually hold whiz-kid investors in awe. We believe that their stock picking skills are far superior to ours and that is how they get to manage billions of dollars. However, the reality is that novice investors are better than, and have an edge over, their whiz-kid counterparts say experts
Porinju Veliyath’s dexterity in buying and selling stocks ensured that he got out of one of his favourite stocks just before it got hit by a regulatory taint and suffered a melt-down. Porinju pocketed a fortune from the stock though investors who followed his footsteps may not have been as lucky
Investors have always had the lurking suspicion that some unscrupulous analysts may be indulging in the nefarious practice of pump n’ dump. This is now proved true in investigations carried out by the SEC. The shocking aspect is that even highly reputed research houses are party to this
Amar Ambani of IIFL has evaluated the Q3FY16 performance of several stocks and given buy/ sell recommendations with price targets
Novice investors are so shell-shocked at the merciless destruction of their wealth that they cannot wait to see the end of the Bear market. Saurabh Mukherjea has identified the tell-tale signs that will tell us when we are at the end of the downward spiral and it is time to go bottom-fishing
The three musketeers of the Congress Party, Sonia Gandhi, Rahul Gandhi and Manmohan Singh, have launched a vicious attack on Prime Minister Narendra Modi and accused him of destroying the Indian economy and causing colossal losses to hapless investors. For once, NAMO’s Bhakts are on the back-foot and maintaining a deafening silence
Today, in the midst of the carnage, Saurabh Mukherjea had an “I told you so” expression on his face. He warns that there is more downside coming and that we should stay out. We need to listen attentively to his advice with all eyes and ears open
The stock market is like a jungle where you either perform or perish. Given the high stakes involved, the tolerance for non-performance is limited. Fund manager Prashant Jain has his back to the wall because his major contrarian bets have backfired and his schemes are under-performing. Investors are getting restless. Will he be able to turn the fortunes of the Fund around before it is too late?
Recent Comments