The joys of inefficiency

I think every single stock investor in the world instinctively disbelieves in the Efficient Market Hypothesis. That’s why we’re investors,…

Speculative investments

Oh my God! Speculation! ?The stock market is nothing but speculation?, often hisses my friend, who is a leftist intellectual.…

Load abolition

On the last day of last year, Sebi chief M Damodaran announced that the market regulator had a new year’s…

Great Investor theory

Yesterday, while reading some comments on the net about Benazir Bhutto?s ghastly but all-too-predictable fate, I came across references to…

Dot on target

The huge run-up in the infrastructure sector worked wonders for various mutual funds and has put most real estate companies…

Information glut

Offer documents, and other mandatory disclosures, need to be designed with the focus not on how much information can be…

Sensex at 17,000

The BSE Sensex is past 17,000, at least for now. For many newspapers, the task of writing smart headlines was…