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Month: August 2007

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A story about trading options

Nifty closed at 4412 today. I’d mentioned to a friend on Monday, when the market was around 4300 or so, that the options data seemed to suggest that the ...

Firstsource acquires MedAssist

Firstsource has acquired MedAssist for $330 million. Few salient points: MedAssist makes about $100 million in revenue 22-24% EBIDTA margins, so EBIDTA is $24 ...

News and views (28 Aug 2007)

U.S. housing data isn’t encouraging The US markets are down on bad housing data. With house sales reducing every month (y-o-y) for the last five months, ...

No entry load if you buy directly from the mutual fund

Yay! You may never have to pay an entry load to a fund again. SEBI has requested for comments on a proposal that says, essentially, that you need not pay any ...

Commentary that affects the market

Lots of ups, downs, and sideways things happening in the broad market. Some news: FIIs are selling. FIIs have sold more than 8500 crores this month, till ...

Managing your portfolio yourself

Does it pay to be actively involved with your investments? Rohit posted his comments on my earlier post (“Build Leverage“), and Prem has noted this ...

Is Quantum right here?

This one is a problem for you guys. Quantum AMC has an article in their July 07 newsletter saying thus: Let’s take a normal school classroom. During the ...

The futures opportunity

India is the world’s largest single stock futures market, according to an article in FT. Meaning, nowhere else in the world do people trade stock futures ...

Build leverage.

Prem Sagar has an interesting post about active investing versus a fill-it-shut-it-forget-it (sorry Hero Honda) approach: Say, you have 50 lakhs to invest. ...

All that glitters is not gold, Quantum

Quantum Mutual fund says they are a “different” kind of fund. They have no distributors (you must buy from them or from Personalfn or Equitymaster, ...