Buffett’s Eklavya

Mohnish Pabrai has followed Buffett religiously and beaten him in the last few years. He calls himself a shameless clone 

Every year, Mohnish Pabrai bids to win a lunch with his hero, investment legend Warren Buffett, auctioned on eBay. In 2006, his final bid was $300,000 --  $98,000 more than his bid in 2005. The lunch was auctioned at $351,100. “Next year, I’ll get more ammo together and...

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  • Luring Gullible Investors

    I am a retail investor and a sub-broker with Kotak Securities; and I have a complaint regarding the passback given to the retail investors in IPOs by way of cash or kind. Very often, many sub-brokers issue newspaper advertisements offering such passbacks to lure investors to invest in IPOs. I can give you the names of some such sub-brokers who issue ads in my city - Jamnagar, Gujarat. They...

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  • Invest, To Save Tax

    The only way to save long-term capital gains tax is to invest in specified assets. Tax expert Ameet Patel lists the rules you should know

    All of us would love to earn a pot of money from the stock markets and/or properties. And, of course, we would not want to pay taxes on these profits. How can we do this? Firstly, if you have earned short-term capital gains, you cannot save tax on such...

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