Share to Twitter Share to Linkedin Sir John Templeton was a twentieth century American-born British investor, banker and fund manager. He entered the mutual fund market and created the Templeton Growth Fund, which averaged growth over 15% per year for 38 years. He once said, “To buy when others are despondently selling and to sell when others are avidly buying requires the greatest fortitude.” Warren Buffett also once said that it is wise for investors to be “fearful when others are greedy, and greedy when others are fearful.” Easier said than done, I hear you say. How do you keep your head around you when everyone is losing theirs? Thinking contrarian has always been a great strategy and one which I have employed extensively over the years. Naturally, to be honest. Thinking differently to the crowd requires patience, discipline, and very little emotion. These are traits that sometimes have to be wired (or indeed forced) into your brain. Especially when you … [Read more...] about Crashing Stock Markets Can Provide Opportunity For Longer Term Gains. But Do You Have The Stomach For It?
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No comments, says RIL to reports of plan to acquire Revlon
Representative Image Trade Watchlist Portfolio Message Set Alert live bse live nse live Volume Todays L/H More × Reliance Industries (RIL) has said it is “unable to comment” on reports in a section of media that is considering buying bankrupt American cosmetics major Revlon. In a statement to stock exchange late on June 27, Reliance said it was “unable to comment” on the media speculation and rumours that first surfaced on June 24. The buzz was that Reliance was considering buying out Revlon in the US . The oil-to-telecom conglomerate said it “evaluates various opportunities on an ongoing basis”, and it would be inappropriate to comment on speculation. News reports claimed RIL was considering an offer just days after Revlon filed for Chapter 11 bankruptcy on June 16. Revlon endured loss of business during the coronavirus pandemic, which followed years of dwindling … [Read more...] about No comments, says RIL to reports of plan to acquire Revlon
Tata Motors to increase prices of its commercial vehicles from July
Tata Motors | Representative image Trade Watchlist Portfolio Message Set Alert live bse live nse live Volume Todays L/H More × Tata Motors on Tuesday said it will increase the prices of its commercial vehicles, in the range of 1.5 to 2.5 per cent, from July 1 to partially offset rising input costs. The hike will be across the range of commercial vehicles and the quantum will depend on individual model and variant, Tata Motors said in a regulatory filing. "While the company takes extensive measures to absorb a significant portion of the increased input costs at various levels of manufacturing, the steep rise in overall input costs makes it imperative to pass on a residual proportion via a minimised price hike," it said. In April, Tata Motors had hiked the prices of its passenger vehicles by 1.1 per cent and those of commercial vehicles by 2 - 2.5 per cent to partially … [Read more...] about Tata Motors to increase prices of its commercial vehicles from July