Insider Sentiments – 9 of 2016

MAX VENTURES & INDUSTRIES LIMITED The restructuring of the former Max Group into three new listed entities, namely, Max Financial Services, Max India and Max Ventures & Industries Limited (MAXVIL) was completed in January 2016. Max Ventures & Industries (MAXVIL) serves as the Group’s entrepreneurial arm. The idea is to explore the ‘wider world of business’, especially taking cues from the economic and commercial reforms agenda of the present Government, including ‘Make in India’, ‘Skill India’, ‘Digital India’, among others. […]

Investing Edge: Why You Should Index Invest?

Cartoonist: Hesse, Peter; cartoonstock.com – Sunday, 4 December 2016 In the investing world, can one be a Do It Yourself (DIY) investor? Of course, why not? All you need is an investing edge. What is an ‘investing edge’? In the book titled The Little Book That Still Beats The Market, the authors Joel Greenblatt has hinted at what is meant by an investing edge. In his words: “Choosing individual stocks without any idea what you’re looking for is like running […]

Stray Thoughts: Demonetisation – Make India Great Again

(Image Courtesy nytimes.com)(Sunday, 20 November 2016)   And, for a Monday morning, a few stray thoughts and a few general observations and a few points of view: Like the Indian Stock Market has been in a tailspin since the demonetisation of high-value currency notes was announced by the Prime Minister on the 8th of November 2016. Bulls got punched in the mouth twice, once as a result of the demonetisation and again as Emerging Markets (EM’s) cratered in response to […]

Insider Sentiments – 8 of 2016

Insider Sentiments – 8 of 2016 Mindtree is an international information technology consulting and implementation company. It delivers business solutions through global software development. The company operates in five segments: Retail, CPG and manufacturing (RCM), Banking, Financial Services and Insurance (BFSI), Technology, Media and Services (TMS), Travel and Hospitality (TH) and others. It offers services in the areas of analytics and information management, application development and maintenance, business process management, business technology consulting, cloud, digital business’s, independent testing, infrastructure management […]

Is Benchmarking a Curse or an Opportunity?

Cartoonist: Rosandich, Dan; cartoonstock.com – Sunday, 6 November 2016 Do you benchmark? More often than not, the answer to this question will be in the negative. Reality is a bit nuanced. Investors do end up getting caught up in the benchmarking process, albeit inadvertently. Benchmarking  Benchmarking is the act of comparing our investment performance with that of a standard. I have written on benchmarking before. But I have never spelled out how it works in the market. I need to […]

Algorithmic Trading: Is the Stock Market Rigged?

Cartoonist: Bacall, Aaron; cartoonstock.com – Sunday, 23 October 2016 Algorithmic Trading refers to the use of electronic strategies for enhancing the speed and execution of orders on the stock exchange. What is Algorithmic Trading?  A trading algorithm (ALGO) is a set of rules that are used to enter and exit a trade. Instead of manually entering buy and sell orders, a computer program (Algorithm) is used to trigger the same. For this post, I have used the term ALGO to […]

Insider Sentiments – 7 of 2016

International Paper APPM Limited The Company produces a range of premium grade writing, printing, copier and industrial papers for domestic and export markets. The well-known cut-size papers of the Company offer a broad range of office documentation and multipurpose papers, from economy to premium grades, ideal for both home and commercial use. The Promoter, International Paper, makes renewable and recyclable products. International Paper (USA), established in 1898 is the largest pulp and paper company in the world, with approximately 58,000 employees […]

How to Generate Alpha – The Nifty Alpha 50 Index

(Cartoonist: Bacall, Aaron; cartoonstock.com)(Sunday, 9 October 2016) The connotation of the term Alpha in the investing world has nothing to do with it being the first letter of the Greek alphabet. What is Alpha? Before talking about investing Alpha, a word about benchmarking. In the investing world, a benchmark is considered to be representative of the returns of the market. A benchmark is a barometer against which a fund’s performance is measured. It is supposed to be an investing lifeline. […]

Insider Sentiments – 6 of 2016

Bharti Airtel Limited Bharti Airtel Limited (BAL) is India’s largest mobile network operator and also the third largest in the World. Unbeknownst to most, Bharti Airtel Limited (BAL) operates in eighteen countries across South Africa, Asia, and the Channel Islands. Airtel is also India’s second most valuable brand. The company has been listed on the bourses since the year 2002. Shareholding Pattern and Key Metrics Considering the size of its equity, BAL has a very high percentage of Promoter shareholding. […]

How to Build a Coffee Can Portfolio?

(Cartoonist: Schwadron, Harley; cartoonstock.com)(Sunday, 25 September 2016) The Coffee Can Portfolio is a buy and hold portfolio strategy. Much like the ‘fill it, forget it’ motorcycle commercial, a Coffee Can Portfolio is a ‘Buy it and Forget it’ investing idea. The Coffee Can Portfolio In 1984 Robert G. Kirby wrote an article about portfolio construction and management. He called it the Coffee Can Portfolio. Click here to read. In the words of Robert Kirby: “The Coffee Can Portfolio concept harkens […]