Author's posts

Nov 02

SELL NOIDA TOLL BRIDGE

Sometimes, one writes with a heavy heart. I guess today is one of those times.  I had been a proponent of investing in Noida Toll Bridge Company Ltd(NTBCL) for its free cash flows, debt free business and a moat which was a secure Government Agreement between ILF&S and the UP Govt.  The SC judgement on 28 …

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Oct 27

Noida Toll Bridge Company Limited and Allahabad High Court Judgement

Yesterday evening, the Allahabad High Court has passed an order that the DND Toll Will be removed and the commuters moving from Noida to Delhi and vice versa can move freely. It is front page news in all dailies overshadowing the Mistry-Tata wars. The share price has lost 20% in one session and there are …

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Oct 19

INVESTMENT IDEA : DIWALI PICK

I normally desist from giving out right stock recommendations, not because I cannot, but because my outlook is 15-20 years whereas a lot of my readers despite my advice have short term views. This leads to a dichotomy. My recommendations are for wealth

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Aug 23

IS THERE AN ASSET BUBBLE BUILDING UP IN THE WORLD ECONOMY?

Are  we  heading for another crisis like the sub prime crisis? I think we are.   I am confused with the  negative bond yields and interest rates in Europe and Japan. What is happening, man? I am just thinking of scenarios. You are paying a borrower to keep your money. Yeah, you read it correctly. …

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Jul 13

WHY THE OTHERS RULED INDIA AND WE DID NOT RULE OTHERS?

I had posed this question a month ago and the answer to that lies in biology, anthropology and geography more than history. It all starts with putting life into four buckets – Bucket A is 4.5 billion years ago when earth came into existence. Bucket B is 1,50,000 years ago when Homo Sapiens evolved into …

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May 17

MONEY MONSTER : A MUST WATCH FOR STOCK MARKET INVESTORS

I am just back after watching “Money Monster”, a movie starring George Clooney and Julia Roberts. It’s a great drama on how stock market analysts spill out spam from their mouths on TV without knowing the ABCD of that business or promoters. Some of them could be even on pay rolls of promoters/manipulators. And Indian …

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Apr 02

WHY DID NOT INDIA RULE OVER THE TURKS, AFGHANS, PERSIANS & THE BRITISH BUT WAS RULED BY THEM?

This question was asked by  my son who is in class IX. I am looking for a logical answer. I have some theories. I want the readers to contribute some cogent ideas. Anything, except —- we were a divided lot, we were corrupt, we were selfish people,  divide and rule of British. That is all …

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Mar 27

KINGFISHER, VIJAY MALLYA AND SOCIAL PSYCHOLOGY

I am writing after a long break. The markets are in the doldrums, not going anywhere. Good businesses, some select few are selling at attractive valuations. I have partially bought those businesses and partially I am sitting on some cash to further purchase some more businesses if I get an opportunity. On the other side, …

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Feb 23

LOSS AVERSION AND WHY WE STICK TO SUB STANDARD CHOICES IN LIFE

I have a friend. A Brigadier in the Army, Mohan Lal Aswal. He came to know that I have an inclination towards personal finance. He also attended one of my talks which I occasionally give on request to a group of long term investors.  He was convinced about whatever I spoke and whatever I had …

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Jan 22

WHY I WRITE MORE BLOGS WHEN MARKETS GO SOUTH?

A lot of my friends and well wishers who have joined in as fresh readers and know me from earlier, when I was a teenager, have been pleasantly surprised with my foray into the financial world which is totally divergent from my regular job or routine. Psychology,  History and Finance have been subjects which I …

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