Monthly Archives: January 2007

Permanent Value: The Teachings of Warren Buffett

Opening remarks by Mr. Buffett Everyone has the potential to achieve their dreams. The point is to get out of each of us what we are capable of producing. I will invite you to play a game. Suppose that when … Continue reading

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India Strategy: Road to 50,000

Conclusion: One way of looking at market valuations is to find out the number of years it could take the market to reach a certain level. In our base case, the BSE Sensex (used as a market proxy) could take … Continue reading

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Random Readings

Random Readings: Corus Board recommends Tata offer to shareholders Tata Steel wins Corus auction with $12 bn offer Corus gives Tata Europe footprint, global scale: Ratan Tata S&P raises ratings to investment grade GDP growth rate revised to 9% for … Continue reading

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Cognitive Biases in Market Forecasts by Ken Fisher

The frailty of forecasting. Some days it seems as if the world is divided into two groups, those who forecast that the DJIA will soar to 36,000 very soon and those who forecast, with equal confidence, that it will plummet … Continue reading

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Random Readings

Random Readings: Global markets play piper to Indian stocks EPF interest rate cut deferred, no investment in stocks Real estate funds are now set to rival FII flows Tata, CSN battle set for grand finale Govt clears Rs 22,000 cr … Continue reading

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Investment Nuggets – Jesse Livermore

Jesse Livermore is widely acclaimed as the greatest and one of the most successful stock traders on Wall Street. Known by his nickname, “The Boy Plunger”, he is said to have gone short (selling a stock that one does not … Continue reading

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Sensex to touch 17,000 in CY07: ICICI Securities

We expect mega India investment story to unfold in CY07 as plans in road/ power infrastructure and real estate/SEZ/retail investments gather pace. Investment growth is expected to contribute well over half to GDP growth while its impact on jobs and … Continue reading

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