Monthly Archives: October 2006

Excerpt from 'The Little Book of Value Investing'

The following is an excerpt from chapter 19 of The Little Book of Value Investing by Christopher Browne Chapter Nineteen: When Only a Specialist Will Do How do you pick a money manager? The purpose of this book has been … Continue reading

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The rule of 20

by John Authers/ BS Is the rule of 20 back in force? This measure was popular in the 1950s and 1960s in the US, stating that the price/earnings multiple to pay for a stock could be derived by subtracting the … Continue reading

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The power of scepticism

Source: ET IG Even though it’s been three weeks since the Sensex scaled a new high, the Nifty is yet to post one of its own. But the Nifty has made a new high for its 20-week-old rally, at 3747. … Continue reading

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Repair your investment mistakes

by Dhirendra Kumar – FE Investor In the heady days of bull runs, we tend to make far more investment mistakes than in normal times. Sure, most of us make money when the markets are going up, but when the … Continue reading

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Notes on Margin Of Safety

Margin of Safety – Risk-Averse Value Investing Strategies for the Thoughtful Investor” is a name of a book written by Seth A. Klarman, a successful value investor. This book is no longer published and sometimes can be found on eBay … Continue reading

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The Case for Value Investing

Christopher H. Browne purchases stocks the way a thrifty gourmet buys Delmonico steaks — on sale. When the price sinks to $2.50 a pound, you load up. When it rises to $12.99 a pound, you think about chicken. You won’t … Continue reading

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Good stocks and good markets always remain expensive: Rakesh Jhunjhunwala

Samvat 2063: What’s in store for the markets? Last Diwali, the Sensex was at 7,944 and today, we are standing at the brink of 13,000. That’s a 62% rise on the Index from last Diwali to this Diwali. There was … Continue reading

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