October 7, 2008
Critical Criteria for Equity Selection : Will the Company Exist in the next 1,2,5,10 or beyond years ?
As Share Prices move towards Distress and even Death levels don’t Buy into Companies just because the Share Price looks Cheap ! Alright ! So Futura Polymer at Rs 7/8 and NEPC at Rs 8/9…and Oh ! how does one leave out the Big Time Punting Scrip of HFCL below Rs 10 !…all look inviting at these prices..Were not …
It’s the Capitalists who are murdering Capitalism !…Who’s not swimming naked!
This Global Financial Earthquake has it’s epicentre in USA.It’s the Capitalists who are murdering Capitalism! As Investment Guru,Warren Buffett,so starkly and vividly puts it…” It’s when the tide is out you can see who is swimming naked ” The Problem is to spot Who’s Not Swimming Naked !