Value Investing — Educational Series Two friends met for evening tea. Ramesh could not stop smiling. “I have found a very cheap share,” he said. “It costs only ₹8. With my ₹10,000 I will get more than twelve hundred shares.
All the gold ever mined would fit into one 68-foot cube — and a hundred years from now it would still be the same cube. Warren Buffett’s famous lesson on assets that work and assets that just sit, explained simply for the Indian investor.
Value Investing — Educational Series Think back to your school days. Every year, the class chose a monitor. The winner was usually the most popular child — the one with the best jokes, the new cricket bat, the biggest group
Value Investing — Educational Series The message arrives on a quiet Tuesday afternoon. “Pre-approved personal loan: ₹5 lakh in your account in ten minutes. One tap.” That same week, a colleague slides his phone across the canteen table. He has
Value Investing — Educational Series Every family has one. At a wedding dinner, a cousin leans across the table. He bought a share (a small piece of ownership in a company) that you have never heard of, and it has
In 1990, a class of Boston schoolchildren beat most Wall Street professionals with one simple rule. Peter Lynch turned it into a two-minute test any ordinary investor can use before buying a share.
A market price is an offer, not an order. Benjamin Graham’s quiet rule — and the three simple arrangements that make sure no crash can ever force you to sell a good business at a bad price.
Value Investing — Educational Series Two neighbours build houses on the same street in the same summer. Both look solid. Both are freshly painted. Relatives visit both and say very nice things. For eight dry months, nothing separates the two
Value Investing — Educational Series Think of two family weddings, a few years apart. At the first one, you mention that you have started investing in shares (small pieces of ownership in a company). Your uncle quickly changes the subject
Value Investing — Educational Series Have you ever noticed how, on one busy market lane, the moment a single sweet shop starts doing well, three more sweet shops open within a month? Or how, in a boom year, one builder
Value Investing — Educational Series Watch: why forecasts don’t help — and what to watch instead — in about a minute. The uncle who is always waiting for the right time You have almost certainly met him. At every family
Value Investing — Educational Series Picture yourself driving from your town to the city on a national highway. After a while you slow down at a toll plaza. A small amount — maybe forty or fifty rupees — quietly leaves
Value Investing — Educational Series Picture a busy market on a Sunday. There is a shiny new stall in the corner with bright lights and loud music, selling the latest must-have gadget. A crowd is pushing to get in. Everyone
Value Investing — Educational Series Picture two neighbours in the same building. Both put one lakh rupees into the stock market on the same morning. The first one, Sharmaji, spends an hour reading about a simple, steady business he understands
Value Investing — Educational Series Open the steel almirah in many Indian homes and you will find the family’s life savings arranged in a familiar way. There is gold jewellery wrapped carefully in cloth. There are the papers for a