Shopping for Ideas

Peter Lynch made it sound easy, as if unearthing investment opportunities was something anyone could do. “The best place to begin looking for the tenbagger [a stock that ends up worth ten times what you paid for it] is close to home, if not in the backyard then down at the shopping mall,” he wrote in his best-seller, One Up on Wall Street. In a passage that might have been written especially...

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  • Gold Vs Inflation

    I am an ardent fan of your magazine, and try to read it whenever I can lay my hands on it. I read with interest your article on the investment myth of gold being an investment hedge against inflation. However, I do not agree with the conclusions drawn by you. There are a few reasons for it and I will try to list them. You took a single point in time to prove your case. Investments don’t work...

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  • Sanctified by the Gods

    After a day’s hard work of driving his taxi through the sprawling metropolis of Mumbai, Ramashray Singh has only one thing on his mind. Finishing his dinner rather quickly, he goes to the other end of his room and rummages through the top pocket of an old safari suit, pulls out a small black pellet and goes out. He sits down on a small concrete raising, gingerly puts the black pellet down,...

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