Investing is Hard

On June 30th 1997, Amazon.com (AMZN) was trading at a split adjusted $1.50 per share and was valued at $700 million. That day the stock traded 228,900 shares in a range of $1.48 – $1.59. I’m sure someone traded in and out of a great business that day, not knowing that the stock was about to…

India may get thrown out of MSCI Indices

MSCI Inc. (NYSE: MSCI), a leading provider of research-based indexes and analytics, announced today that it is closely monitoring developments related to the concerted announcement by three Indian stock exchanges, including the two principal exchanges, of the imposition of anti-competitive measures restricting the accessibility of the Indian equity market. MSCI is evaluating the measures’ potential…

Risky Business

Most things are going well for most investors. So let’s talk about risk. People are masters at discounting risks that threaten the continuation of their past success. Winning feels good, but winning and then assuming you’ll keep winning indefinitely by doing what you just did is pure heaven and too hard to let go of. Risk hides…

Clariant Chemicals (India) plans Rs.200 crore divestment.

The board of Clariant Chemicals (India) has approved the proposal to divest the business of textile chemicals, paper specialities and the emulsion products, for a consideration of Rs. 209.15 crore, it said in a statement on Wednesday. The divestment of the company’s business includes a textile chemical plant situated at Roha. The Roha site has…

ADAG Group Shares Lose Rs10000 Crores In Market Capitalization In A Week.

Shares in Anil Ambani group of companies have fallen sharply amid a broad selloff across equities. Reliance Power, Reliance Communications, Reliance Infra, Reliance Capital and Reliance Media have together lost over Rs. 10,000 crore in market capitalization since March 14, 2013. All these stocks have fallen for five straight days and are on course to…

Dr Reddy’s founder, chairman Anji Reddy is no more.

K Anji Reddy, promoter and chairman of the country’s second largest drug maker Dr Reddy’s Laboratories, passed away on Friday. Reddy was 73-year-old and is survived by a son and a daughter. He was born in Tadepalli in Guntur district of Andhra Pradesh. He had obtained his Ph.D in Chemical Engineering from National Chemical Laboratory,…