For Whom Wealth Matters
September 25, 2012 Leave a comment
This is a pretty nifty tool to draw up short reports of shares of various listed Indian companies.You can access it here.Go ahead and type company names in the search box and draw up mini reports.
Hope you find this tool as much use as me.
September 25, 2012 2 Comments
The 500 per cent rise in the gold price since April 2001 prompted gold bugs to speculate about a new age of gold
Return Of The Barbarous Relic
Despite Gold’s Rising Popularity, Central Reserves To Continue Using Paper Money
John Milton wrote, “Time will run back and fetch the age of gold.” In the 19th and early 20th centuries, gold played a key role in international monetary transactions. The gold standard was used to back currencies, values were determined by its fixed relationship to gold and the precious metal was used to settle international accounts. Imbalances ininternational trade were settled by physical transfers of gold bullion. Read more of this post
September 24, 2012 Leave a comment
When the 640-crore SH Kelkar & Company (SHK) , a maker of specialty fragrance and flavour ingredients , into which US private equity giant Blackstone invested 243 crore in early September this year, inaugurated an R&D centre on September 12,its CEO performed the puja.Nothing unusual about this except that B. Ramkrishnan,the 56-year-old CEO, isn’t the owner of the family-owned unlisted business,but a professional.Kedar Vaze, the third-generation family member, in India’s largest fragrance and flavour maker, sat and watched, as the man he reports to, did the honours.
There is a clutch of Indian family owned businesses from the Daburs in the North to the Murugappa group in the South that have brought in professionals to manage their enterprises even as they step back as owners.In some cases,the next-gen family members may be being groomed to take over at the top from the professional once they are ready for the task. Read more of this post
September 21, 2012 2 Comments
The return of capital is more important than the return on capital.So it is important to avoid the pump and dump operations of promoters and market operators. Here is a list of safer promoters compiled by jigs of BSE India Market View
September 20, 2012 4 Comments
Compared to other asset classes, gold has historically outperformed in a wide range of uncertain economic scenarios: deflation (falling prices accompanied by low or negative growth), stagflation (high inflation and low growth as seen in the US in the 70s) and in potential hyper-inflationary outcomes while it tends to lag when the global economy is booming.
wealthymatters 