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My Thoughts On YES Bank


wealthymattersPersonally I dislike being compelled to deal with murky businesses, taking on unknown and unknowable risks with my finances and gambling with the lives and well-being of myself and dependents, simply because those in the government think that we can all be compelled to be more honest by dealing via banks and serve the country’s development needs best by investing in financial products. Now as I’m hardly the type to keep my discontent and opinions to myself, I’ve also been one of those howling for a thorough overhaul of our banking and financial system on a pretty routine basis. However, I also believe that when the system delivers, we need to appreciate the breakthrough made. There is much around us to criticize, but let’s not allow our negativity to undervalue the good in what we have at hand. So let’s take a step back and evaluate things a bit. Read more of this post

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The Story Of The Day


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An Important Distinction


wealthymattersThere is an important distinction between prospects for a company and prospects for the stock of that company. One can be good and the other can be bad. All the good things management says about the company may already be reflected in the high price of the stock which may, in fact, be due for a fall……. It behooves investors to be aware of this and to remember that the stock of even the best company with the best prospects should be bought only if it’s reasonably priced.-Dick Davis

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