The entry of ‘quality’ and ‘moat’ into the lexicon of most investors has resulted in valuations of these businesses touching stratospheric levels. Consequently, investors of today are faced with some difficult decisions.
Sunday, April 20, 2014
Howard Marks in his classic, The most important thing, divides the investing community into people who think that the future can be foreseen or the ‘I know’ group as against the ‘I don’t know’ group viz those who believe that it is absolutely impossible to tell what tomorrow will bring.
Tuesday, February 4, 2014
Wheels India has announced a rights issue only for minority investors, which seems to present an interesting opportunity.
Thursday, November 21, 2013
Students of behavioral finance and game theory would have probably read about the group mind exercise which involves choosing a number between 0 and 100 such that the winning number is 2/3rd the average of the guesses of the group.
Wednesday, October 23, 2013
Monday, October 14, 2013
Whenever a novice investor suffers financial losses in markets pat comes the advice from relatively seasoned players “Consider it as tution fees for your learning”. After having paid (and continuing to pay) enormous amounts of such tution fees on numerous occasions we are beginning an attempt at collating some learnings through posts thus appropriately labeled “Fool’s Wisdom”.
Friday, July 19, 2013
While domestic consumption oriented stocks have generally been having a party of their own in the past 2-3 years, one tribe member they clearly forgot to invite is VIP Industries, the largest seller of branded luggage in the country.