Author Archives: Fauji

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 … Continue reading

Posted in Behavioural Finance, Uncategorized | 2 Comments

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 … Continue reading

Posted in Behavioural Finance, Insurance | Leave a comment

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 … Continue reading

Posted in Behavioural Finance | 4 Comments

MARKETS ARE SCREAMING BUYYYYYYYYY

I wrote some resolutions a week back. A week is a long time in stock markets. The markets worried about China have dived south. And the entire Indian stock markets have also been hit by the Chinese wave. Where do … Continue reading

Posted in Stock Investing | Leave a comment

RESOLUTIONS AND LIFE IN 2016

I wish all of you a very happy 2016. May the lords be benevolent upon you and your kith to shower their blessings and keep you engaged in positive pursuits. The new year is just a date in a calendar. … Continue reading

Posted in Uncategorized | 4 Comments

DEPRIVATION SUPER REACTION SYNDROME AND MY WIFE

My wife is not a value investor. She is an impulsive buyer. She is under the spell of American Marketing Whiz Kids and Psychologists. I have seen her a number of times going for shopping to malls. The shopping mall … Continue reading

Posted in Behavioural Finance, Personal Finance | Leave a comment

DEBT FUNDS ALSO LOSE

Most investors think that Debt Mutual Funds are a safe bet. It is a myth. Debt funds may not be as risky as equity funds because they invest in risk free assets like Government Bonds, T-Bills, G-Secs,  FDs, etc. But … Continue reading

Posted in Fixed Income, Mutual Funds | Leave a comment

BE A PATIENT OPPORTUNIST

I have not written for a long time because there was nothing which was happening much in the markets. I mean the markets were at stretched valuations. Then in the last month, the values of businesses collapsed and they are … Continue reading

Posted in Stock Investing, Value Investing | 2 Comments

UNDERSTANDING HOLDING COMPANIES : A PRIMER

One of my readers, Anshul, has been asking me, “Why do companies have a Holding Company? Why don’t they do direct business? A case in point is Balmer & Lawrie Investments Ltd vis a vis Balmer & Lawrie Ltd.

Posted in Uncategorized | 2 Comments

GREEK DEBT CRISIS SIMPLIFIED. GREXIT: A GRECIAN TRAGEDY

As I wrote in my previous post, I just returned from Greece. There seemed to be no crisis. The people were happy, enjoying, slightly worried perhaps for pensions, but nothing more. When I watch the news, the background building is … Continue reading

Posted in Macro Economy | Leave a comment