In your interest.
Online Personal Finance Magazine
No beating about the bush.
Private equity has become a massive business. How does it work?
How do you invest in companies? You buy shares from the stock market. The big boys do it differently. They buy whole companies with a pool of money, improve the performance of these companies and then get them listed in the stock market. This kind of direct investment is called private equity investment as opposed to passive...
“Prediction is very difficult, especially if it’s about the future,” said Nils Bohr, Nobel laureate in Physics. A recent study shows that finance heads, who confidently forecast stock movements, are often wrong
Sometime in 1997, Ratan Tata invited all the major Telco suppliers to Lucknow to share his vision of where the industry was headed. He announced that Telco was going to double its...
He is being compared with Warren Buffett, has made $1 billion last year and is only 45
At 7.30 in the evening on Friday, 10th January 2003, successful value investor Edward Lampert was leaving his office when he was kidnapped by four people from the parking lot. They took him to Day’s Inn Motel, bound him in the bath tub, called Lampert’s wife, Kinga, playing a tape of his voice and demanded...