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…

India’s Biggest Dairy Is Betting On Eating-Out Boom

More Indians are eating out as a growing economy boosts incomes. That’s what the No. 1 dairy in the world’s biggest milk-producing nation is betting on to extend its dominance. Amul expects its next wave of growth from institutional sales—supplying everything from milk and curds to butter and cheese to hotels, restaurants and caterers. The…

Modi’s Cash Ban Helped This Money Manager Beat 99% of Peers

For India bull Robert Marshall-Lee, stock valuations near the highest level in almost a decade are no deterrence. The London-based money manager, who oversees 2.6 billion pounds ($3.4 billion) for Newton Investment Management, has stepped up allocations for Mumbai-listed equities to 31 percent, compared with their 9 percent weight in the MSCI Emerging Markets Index….

Happy Birthday Jack Bogle, the man Warren Buffett calls a ‘hero’

Everyone knows Warren Buffett and his idea of value investing, but not many have heard of John Clifton “Jack” Bogle, who the Oracle of Omaha himself calls a hero for investors. Bogle, the retired founder and CEO of Vanguard Group, also a creator of first index fund, turns 88 today. During Berkshire Hathaway’s annual shareholder…

Emerging-Market Chaos Can’t Tame Stock Bulls as Economy Wins

A fired finance minister and political upheaval won’t be enough to stem the rally in emerging-market stocks. That’s the lesson from the first quarter, when equities posted their best gains since 2012 even as Donald Trump threatened to end trade deals, the U.K. began laying the path for its exit from the European Union, South…

Third quarter GDP slows to 4.5%, even slower than the second quarter 5.3%

India’s economy grew at a worse-than-expected 4.5 per cent in the quarter ending December 31, hurt by a slowdown in agriculture, mining and manufacturing, government data showed on Thursday. The country’s economy grew at at an even lower-than-expected 5.3 per cent in the quarter ending in September. The manufacturing sector grew an annual 2.5 per…