Kelly Criterion (http://en.wikipedia.org/wiki/Kelly_criterion) is a useful idea (not necessarily a precise formula) that Investors should think about while deciding portfolio construction and position sizing. Various investors have been quoted about […]

1. Mistakes are an inherent part of life, and investing is no different. What makes mistakes in investing different is that these get amplified in the market – people lose […]

Warren Buffett is famous for saying that Rule No. 1 in investing is “Don’t lose money” and Rule No. 2 is “Don’t forget rule No. 1.” The premise is that […]

I recently read a story about how Mr. Anil Agarwal, founder and Chairman of Vedanta Resources Plc, early in his career, bought a distress factory on sale with bank borrowing, […]

(The following is from an article I wrote for a financial magazine in early 2011) One of the most fundamental tenets of investing is “Buy low, Sell High” – very […]

Over the course of past few years, I had the pleasure of interacting with many investors across India and the globe. Leaving aside value pretenders and speculators, each seems to […]