The investor must understand the past cost and margin structure and changes in the same. The purpose is to look at the long-term trends...

You allocate capital to make a return on it. This is applicable to any business irrespective of size. Let’s say someone selling food on a...

In simple terms how does the company makes money? Unless you understand what generates cash for the company, you cannot think of...

Before starting the analysis, you have to look at the company’s background and management. You need to know what is the business of the...

Joel Greenblatt’s book “You Can Be a Stock Market Genius…” beautifully explains event-driven investing also called Special situation...

Investing is all about the unknown future. More unpredictable the future, the better maybe the investment returns. Often an investment...

A look at growth at a reasonable price. A simple answer to this would be growth. Future growth can be of two forms, one negative or zero...

In simple terms, you could have purchased 1 kg of Mango in 2013 for Rs 100, now the same quality mango comes for Rs 150, leading to a 50%...

In March 2020, the expected returns were high but not a lot of people invested. Now when the markets have zoomed, people expect that the...

2020 will be marked as a unique year that has demonstrated the capital market’s pessimism as well as optimism. A lot of this is...

In mid-2012, I started toiling with the idea of investment advisory in India. Investment advisory was still at a nascent stage and a lot...