"A great deal more fiction is written in Microsoft Excel than in Microsoft Word" - Anonymous Previously, I have written about what, according to me, is one of the biggest mistakes that people make in a DCF valuation. Two years of experience post that article has only reinforced my belief in this as I have … Continue reading How to write fiction using excel
Important information you may have overlooked about your mutual fund
The idea behind a mutual fund is to provide convenience to retail investors, who do not have the time or inclination to analyse individual companies to invest in. So a mutual fund, a specialist in this field, does it for them. However, the growth of the mutual fund industry in India with 40 companies operating … Continue reading Important information you may have overlooked about your mutual fund
Why you should never lose (a lot of) money
Very early in my investing career, I came across a link on a website which read: "Want to know Warren Buffett's rules of investing? Click Here" I clicked and this is what I got: Rule No. 1: Never lose money; and Rule No. 2: Never forget Rule No. 1 Needless to say, I felt disappointed. … Continue reading Why you should never lose (a lot of) money
An email exchange with a friend on building wealth!
Below is the edited text of an email conversation I had with a friend about building wealth. It goes without saying that there is a lot more to investing but I feel this will give a broad idea of the magic of compounding to those who are starting out. You can also have a look at … Continue reading An email exchange with a friend on building wealth!
What Monopoly can teach us about real estate investments
A few months back, we had a get together of a few cousins after many years. Reminiscing about our younger days, we had the great idea of playing Monopoly as a way to recapture our childhood. While playing the game, it struck me how Monopoly had some profound lessons on prudence for real estate investors. Before … Continue reading What Monopoly can teach us about real estate investments
Thoughts on management of volatility in a portfolio
We recently received a query from one of our clients regarding management of volatility in a portfolio. Many are of the opinion that timing the market by way of constantly switching between equity and debt depending on market fluctuations may be the best way to counter volatility. We are reproducing below our reply capturing our thoughts … Continue reading Thoughts on management of volatility in a portfolio
When it may be better to dispose your real estate
Thomas Jefferson once said, "It takes time to persuade men to do even what is for their own good." If you (like we used to) think that people are very receptive to ideas which would benefit them, think again. We are often confronted with people who think that an investment of Rs. 100 which yields … Continue reading When it may be better to dispose your real estate
Avoid financial catastrophes – Know the differences between Investing and Speculation
Speculating in the financial markets is a matter of choice. But undoubtedly, speculating without knowing it, is a likely recipe for financial disaster. Read on to understand whether you are 'actually' investing. Anyone who participates in the financial markets is invariably advised to 'invest' rather than 'speculate' for long term success. But do we really … Continue reading Avoid financial catastrophes – Know the differences between Investing and Speculation