Ramalingam Raju, promoter of Satyam Computer Services has admitted that a massive fraud was committed by him and that the books of account of the Company are fraudulent. The text of the letter written by Mr. Ramalingam Raju is here.
Posts tagged UBS
Buy shares the way you buy gold: For the long term!
The courage to press on, regardless of whether we face the calm seas or rough seas, and especially when the market storms howl around us, is the quintessential attribute of the successful investor.
Derivatives, Futures & Options
‘Risk’ is an inseparable part of investing in financial and capital markets. Every instrument that is available in these markets comes with a risk tag attached to it. To some investors, ‘high risk’ is attractive since it is usually associated with good returns. To others ‘high risk’ spells danger as it could result in loss of capital. It is the existence of risk in investing coupled with different investor risk profiles and perceptions that has given birth to the market for derivative products.
If you wait for the robins, spring will be over
Equities will almost certainly outperform cash over the next decade, probably by a substantial degree. Those investors who cling now to cash are betting they can efficiently time their move away from it later. In waiting for the comfort of good news, they are ignoring Wayne Gretzky’s advice: “I skate to where the puck is going to be, not to where it has been.” says WARREN E. BUFFETT
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