While past performance is no guarantee of the future, some companies have done exceptionally well amidst all the gloom and doom and deserve to be watched. Take a look at Hero Honda which reported a 50% rise in its net profit for the September quarter. Hero Honda is India’s largest motorcycle maker and has been facing stiff competition from its peers, especially Bajaj Auto, in the premium...
Remember these 9 points as we navigate the financial crisis says Debashis Basu
Warren Buffett, the legendary investor, the richest man in the world, says that it is time to buy stocks now. Another great value investor, Jeremy Grantham (of Grantham, Mayo and Van Otterloo), who astutely side-stepped the dotcom bubble, says that things will get much worse. Both are wily investors with...
Major global economies are in dire straits. Globally, trillions of dollars are being pumped into the banking systems. This will create massive money supply and will lead to hyperinflation, according to legendary investor Jim Rogers. Which asset class should gain? Gold. But gold is down around 27% from a high of US $1,017 reached on 17th March. In fact, after a full-blown credit crisis erupted,...
