CD manufacturer Moser Baer is changing tracks. Avoid the new song

Data storage media manufacturer Moser Baer is changing tracks and the market is expecting a lot from it. Moser is a leading player in removable data storage media and ranks among the top three optical storage media manufacturers. Its products range from floppy disks to compact discs (CDs) and digital versatile discs (DVDs). The...

Mutual fund prospectuses need to be drastically changed. They do not force fund houses to report performance but make them write out high-sounding nonsense such as “Investment Philosophy”. Unable to philosophise much, funds produce some general pap under Investment Philosophy.

As it is, funds are finding it increasingly hard to come up with new ideas. Not only should the investment...