“Well as broader markets and indices have moved up in the range of 25-30 percent from bottoms in a very short span of 30 days there could be some profit booking or pullbacks in overall markets with respect to the earnings season and we could inch lower from current levels,” he said. … [Read more...] about Warren Buffett sitting on over $100-billion cash pile: Should Indian investors also wait?
Reflecting more on this statement, it is clear now. Value investing has lost out to growth investing over the last decade. Investors preferred growth opportunities and embellished their portfolios with stocks that were able to deliver high growth, continuously. Dividends weren't a priority like earlier times; capital appreciation appeared to be the only measure, a feeling which would not be appreciated by many. Any lapse in the quarterly performance was not taken too kindly and the impact expressed immediately on the market price, as witnessed recently in stocks which were more than priced to perfection, even bordering on super valuations (E.g. Nestle, Bajaj Finance, Asian Paints). Can companies continue to deliver superlative financial performance, quarter-after-quarter, forever? Definitely not possible and the streak is bound to meet a speed bump sometime in the future. … [Read more...] about Value investing: Warren Buffett course-corrects his investment style, should you?
Despite much progress in thinking, we did not seen action on an FRA. In Yes Bank’s AT1 case, an FRA would have been useful and could have been challenged as well. An FRA might have been in a better position to handle these cases and would have put less burden on the RBI and SEBI and even courts. However, then as luck would have it, the plan to establish an FRA was delayed and the brunt is being faced by retail investors. Time to relook at the idea of an FRA and introduce the agency as soon as possible. … [Read more...] about Yes Bank | Why is a Financial Redressal Agency missing when it is needed most?
Reports suggest that investment in ETFs has seen a sharp rise in the recent past. Investors are moving away from actively-managed equity funds. In June, ETFs saw inflows of Rs 4,092 crore, four times higher than the previous month. … [Read more...] about 3 Point Analysis | Why are investors opting for ETFs?
Yesterday, Microsoft said it wants to continue discussions about buying TikTok in the United States, Uber announced last month that it was acquiring Postmates, and Amazon snatched up the self-driving car company Zoox. Other companies that have expressed interest in deals include Honeywell and Nestlé. … [Read more...] about This is why 7-Eleven’s owner is buying Speedway from Marathon Petroleum for $21 billion