While the world and capital markets lament the slowing growth of China, it is easy to forget that – in the last 37 years – maybe from 1979-80 or so – China grew consistently at a rate of growth that got jobs for a significant proportion of their young labour force and pulled many families … Read more
“What should we do now?” asked Swami, as my broker friend Jigneshbhai sipped his coffee when we had our first meet of the New Year this weekend. “Now that markets are back to their levels before our PM Modi came in, all my long term investment plans seem to be back to square one. So … Read more
And for a Saturday, a few stray thoughts and a few general observations and a few points of view (all my own work): Like the past week has been great. After my book got published, there have been a number of new visitors and new followers to this blog. All I want to say is … Read more
“As if all the fixed deposits and mutual funds and shares and gold funds weren’t enough, I also have to think about this gold deposits now” complained Swami, as we met this weekend over our customary cup of coffee. He looked at my broker friend Jigneshbhai, and asked “So should I invest in this new … Read more
It has been a while that I have posted to the blog, and one of the reasons has been editing my past writings in preparation for my book being published. So it is heartening to share on the auspicious occasion of Diwali that my book is published and is now available. The title is ‘Path … Read more
What causes ‘something’ and what action to take to either prevent or make that ‘something’ happen has been the curious question that has led to major scientific discoveries and philosophical theories. But these are based on painstaking research in a closed environment and a focused approach for years. In recent years, the promise to solve … Read more
“I have learned that the capacity to endure boredom without looking for excitement is one of the foremost requirements to succeed in investing” said my broker friend Jigneshbhai as we sipped our coffee last weekend. We were meeting after a long time and my broker friend was reading from a speech he had heard in … Read more
Prem Watsa was once called the savviest value investor you will never know. He is also known as the Canadian Buffett. In fact, his investing approach is uncannily similar. He heads Fairfax which owns multiple insurance companies. He generally buys companies in whole and mostly when they are in trouble (Blackberry being a recent example). … Read more
This year marks 50 years of Buffett and Munger running Berkshire Hathaway. Since 1977, Buffett has been writing an annual letter to his shareholders. A compilation of these letters was also published as a book. This year the letter has its details on business performance, plus the now regular interesting insights and wisdom as usual, … Read more