Focus On No Debt,Kenneth Andrade @KotakSecurities #KotakMidCapMeet15
December 11, 2015 4 Comments
If there is just any one tip Mr Kenneth Andrade would give a person investing in small -caps, its focus on small companies with no debt. This increases their chances of surviving the next 10 years.
He follows companies to ensure that over time the sum total of their equity, reserves and debt goes down, to ensure that these businesses are using capital efficiently and returning profits to investors. Equity investment according to him is about withdrawing money from the business.
And to Bhavikk Shah’s question, he says to focus on ensuring that the companies have no debt. Then there is no chance of them flaming out.
Paper Investors have a fundamental difference in thinking from those who prefer tangible assets.
The first I heard of the Sovereign Gold Bonds was on Dhanteras day when my bank tried to get me to purchase some of them.At the time , I was on my way out shopping and my first thought was: Do I really want to postpone my gold purchases for a year to earn an additional 275 rupees per Rs10,000/-?Yaar, I could haggle with the jeweller and easily get that much and more off my purchases. And then, I love wearing jewellery.Do I want to give up on that pleasure and experience, multiple times a year, for as little as 275 rupees? That too in the days when one simple restaurant meal, or a taxi ride might cost that much and more? The answer then was an easy “NO”.
If you’re thinking about taking a family health insurance plan, there are a lot of things you need to consider before buying the right plan for your family. You have the option to choose from a variety of policies but if this is your first time buying an insurance policy, you’re probably not quite sure which one actually suits your needs.
Sam is a painter. He has about $50000 in cash and no particular income source apart from small gigs here and there. He is very savvy in his expenses and doesn’t waste any of it, painting most of the time.
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