Satyam was not an exception. By and large, most companies do not inspire trust, at least not mine

Trust is a very complex word. Shakespeare said, “Love everybody but trust no one.” The Satyam saga is yet another reminder to all investors that, no matter what fences you build, there is absolutely no guarantee of safety. Each time you invest, you take your chances; you have to assume that...

Come the next bull run, all will be forgiven and forgotten about the Satyam episode

The ‘Satyam affair’ has brought into focus some very unpleasant truths about corporate governance. Family priorities have generally led to corporate action that is often perplexing; but what is heartening is that (in this instance) institutional investors and the media made enough noise for the ‘promoters’ to...

The equity markets are depressed. But, by ignoring stocks, you will miss out on the main route to wealth-creation

The behaviour of stock markets in the past one year has scared off many investors. Plus, there are various studies floating around which seem to indicate that, over a 10-year period, investing in equities has not been paying. The fact is that all this data are being compiled at a...