Archives: 2008 December
Lure of the long shot
December 28th, 2008, No Comments
Let me tell you a short story : There was once a smart young guy who like all of us was a charming, intelligent and hard working fellow (please replace guy with gal – for the ladies reading this blog). Now this guy, like others knew that the stock market is the place to invest [...]
A Graham style deep value stock portfolio
December 21st, 2008, 2 Comments
Benjamin graham is considered as the dean of value investing. Warren buffet was graham’s student and considers him as his mentor. Buffett’s followed graham’s approach to value investing in the early part of his career. However later, he expanded on graham’s approach and started focussing on the quality of the business too. Graham’s approach is [...]
Real estate – current reality and some thoughts
December 15th, 2008, No Comments
I had written about real estate and its valuation a year back. I would suggest reading the earlier post before proceeding on this one. The usual approach to valuing real estate is to look at the rental yields. Rental yield = net rental after all expenses / capital value. Investors expect yields to be in [...]
A simple idea
December 7th, 2008, No Comments
I have written about the overall market a few times in the past (see here). The problem with market analysis is that it is fuzzy and not actionable. For example, if someone were to say that the market is undervalued, what does that mean and what should one do about it? Most of the times, [...]
Overseas investing
December 4th, 2008, 2 Comments
I was recently chatting with sandesh and he asked me a question – Why don’t you invest in US based companies? Is it due to the fact that you consider them outside your circle of competence or some other reason ? My response was – As an indian resident, I cannot invest out of india [...]
