Porinju Veliyath has given a glimpse of his maverick personality. He has rubbished fears that a stock is suffering from “absurd” and “irrational exuberance” valuations and has instead bought a truckload on the premise that the stock will be a powerhouse 5x multibagger in the foreseeable future
Radhakishan Damani, who once suffered the ignominy of being booted out of the Forbes Billionaires Club, has today attained a net worth of Rs. 24,000 crore (USD 3.6 Billion) in the wake of the stellar listing of the D-Mart IPO. No doubt, Forbes will now roll out the red carpet for him and ceremoniously usher him back into the elite club
The arrest of Yogendra Vasupal, Stayzilla’s co-founder, on alleged charges of cheating and non-payment to vendors has caused “shock” to the start-up community. However, hard-nosed investors are not at all surprised. They warn that it is only a question of time before the other start-ups collapse in a similar fashion if they don’t pay attention to basic norms of doing business
Mohnish Pabrai & Guy Spier, both eminent value investors, have declared that they are not interested in buying any stock which does not have the potential to give at least 5x multibagger gain. They also implied that such stocks are to be found in India. We need to stay alert and find these stocks before the hoi polloi does
Mohnish Pabrai & Aditya Puri have joined a long list of eminent luminaries who have read out the death sentence for e-com companies like Flipkart, PayTM etc. Investors in these companies should pay heed to the warnings and bail out before it is too late
Billionaire Charlie Munger, who is revered in India for his investing skills, has trashed the Country. He has called it “grossly defective” and opined that it has a “bunch of idiots”. Obviously, Charlie Munger’s opinion has not endeared him to ace investors
Kenneth Andrade, the whiz-kid stock picker, has confidently asserted that NAMO’s surgical strike of demonetization is a “huge positive” and that it is giving us the rare chance to scoop us top-quality stocks at bargain-basement prices. He has also given a hint of the sort of stocks that we should focus on
Samir Arora of Helios Capital has recommended a stock which has all the credentials necessary to become “the next HDFC Bank”. We need to listen with rapt attention because there is a chance to make incalculable riches
Today was a difficult day for novice investors because the markets cracked heavily over fears that Brexit would torpedo the Global economy. Fortunately, the Gurus salvaged the situation by handholding investors’ hands and soothing their nerves and preventing them from dumping their stocks in panic
While eminent experts are divided in their opinion on whether Raghuram Rajan ought to have been offered a second term or not as RBI Governor, all are unanimous that NAMO handled the issue in a clumsy manner and has suffered a “self goal”
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