Do not subscribe to any IPOs and therefore not to PowerGrid IPO either.
Why? Because all IPOs are meant to benefit the company, the merchant bankers of the issue and brokers. Everyone else except the shareholder. So, as a matter of practice just stay away. The same stock will be available cheaper after a while in the market. The government undertakings may leave 10% on the table for the retail investor but it is not worth it.
I need to apologize to you for being away for a while without so much as a notice.
Sometimes, one does not have any new stock or other ideas to add hence, the silence. Also, we must indulge in creative destruction. We get wedded to our own ideas and think they are perfect. There are more knowledgeable people on financial matters than me and they also write a lot as they are full time into it. Would it not be a better idea to let them write rather than I write on it.
I was actually reading a lot, being lazy and doing some introspection about life. I had a few suggestions from people who know me that I have a lot to tell about life, parenting, travel, psychology, astrology, management, leadership, films, motorsports and politics and I am just restricting myself to finance. So I should shift to some other domain name.
I think you readers are the best bet to take feedback from. Should I write only on stocks, finance and investments on this site or expand it to include other subjects too?
Alternately, should I register another blog name and write on it on all subjects which I know of and affect all of us?
Your feedback would be welcome and I promise you that I would be more regular.