In your interest.
Online Personal Finance Magazine
No beating about the bush.
Within a few months of a new chairman taking charge of the Securities and Exchange Board of India (SEBI), there is an important breakthrough in the messy process of bringing offenders to book in the IPO scam, also called the multiple-application scam. Twelve accused, mainly connected to the Dadia family, have filed consent terms and without admission or denial of guilt paid up the highest...
Investors often look at working capital – the difference between a company’s current assets and its current liabilities – as part of the process of selecting candidates for investment. The arithmetic is easy and it can be illuminating to study trends in a company’s working capital position or to compare its working capital management practices with those of its peers. But such analysis...
Peter Bernstein will be remembered for two masterly books – one on the history of gold and the other on the history of risk. Earlier, he had written a book called Capital Ideas, which is a fine piece of work as well, narrating the history of the central tenets of modern investment theories. In that book, he discussed the role of Harry Markowitz, Eugene Fama, Bill Sharpe, Myron Scholes ...