Your stock picks are interesting. But it is really surprising to see your magazine consistently use “market cap to operating profit” as a key valuation measure. While most valuation measures, taken in isolation, may not be perfect, this one is most imperfect. It compares what shareholders are presently paying to buy into the company, i.e., market capitalisation with “operating profit”, which...

In “Turning Point” (MoneyLIFE, 30 August), Amitabh rightly says, “... you need to have pots of money, which you can afford to lose. I don’t have that kind of money”. In fact, no one has money to lose, unless of course, it is ill-gotten black money (remember “ill gotten, ill spent”). I also concur with his decision not to accept the advice to close his company (ABCL); he rightly felt that he...

It was pleasantly surprising to find an exclusive interview with Amitabh Bachchan in your magazine. It was even more heartening to see that even though investment bankers are chasing him to raise money through ABCL, he has taken the right decision of not doing so. Maybe it is a case of ‘once bitten twice shy’, but Mr Bachchan’s logic is absolutely right -- that when he is not sure what to do...