Jigneshbhai has been a bit busy of late in preparing SOPs. Swami and I asked him what these SOPs were about. He said “Standard Operating Procedures used in service industries like technology and healthcare bring in standardization, process orientation and overall efficiency” Therefore, after studying various politicians and their best practices over different political parties … Read more
“One thing that is different in our players of today and our players of yesterday is that earlier our players used to play mostly not to lose, and today they very often play to win”, said my broker friend Jigneshbhai over our Sunday evening coffee. Continuing, he remarked, “The difference may seem minor but is … Read more
“Aside from forecasting the movements of the general market, much effort and ability are directed on Wall Street toward selecting stocks or industrial groups that in matter of price will ‘do better’ than the rest over a fairly short period in the future. Logical as this endeavor may seem, we do not believe it is … Read more
The wealthy man living in the sprawling bungalow near my house with his BMW and Mercedes speaks very sparingly. And whenever he speaks, it is quite cryptic. So, one must really concentrate when he is speaking, and think hard after he is done. So, the other day when my friend Swami and I were just … Read more
Steve Jobs was a great innovator. There are no two ways about it. Whether you like Apple’s products, whether you use the Mac or the iPod or the iPhone, or whether you are a fan of Pixar animation films, or even if you have never used any of Apple’s products, you will have to agree that … Read more
“भैया ये दीवार टूटती क्यों नही? Said one brother to the other in the Indian joint family from the famous Ambuja Cement ad. And then the voiceover replies, “टूटेगी कैसे? ये अम्बुजा सीमेंट से बनी है.” I had heard that this ad was popular with the English players whenever Dravid used to come out to … Read more
“The investor must demand a satisfactory ratio of earnings to price, a sufficiently strong financial position, and the prospect that its earnings will at least be maintained over the years. This may appear like demanding a lot from a modestly priced stock but the prescription is not hard to fill under all but dangerously high … Read more
“The investor with a portfolio of sound stocks should expect their prices to fluctuate and should neither be concerned by sizeable declines nor become excited by sizeable advances. He should always remember that market quotations are there for his convenience, either to be taken advantage of or to be ignored. He should never buy a … Read more
For individual investors who have ambitions to become market experts, Jigneshbhai has devised a step-by-step approach that can be followed by almost anyone. No background in investing is necessary, but a learning attitude is important. It does not guarantee success (like market disclaimers!), but it is a sure and steady way to market expertise. For … Read more