Tag Archive: Dalal Street


This is a constant discussion that I have been doing with people around me, People admire real estate and  they are blogstill the firm believer that real estate give better returns than any other asset class.

Here am breaking the myth with few examples and facts although the message was forwarded to me on a WhatsApp group and it really make sense:

Film actor Rajesh Khanna bought a bungalow in iconic Carter Road in Mumbai for Rs.3.5 lakhs in 1970. His heirs sold it recently for Rs.85 crores. The property has multiplied by 2428 times or an annualized return of 19.38% over 44 years.  Continue reading

Over Priced – IPO

I have done a series of posts on this topic and a paper by Pitchard “Initial Public Offerings (IPOs) must simply be abolished” and some fine prints reading of IPO’s “WHAT TO READ IN AN OFFER DOCUMENT ?? “.

In the recent days about how evil banks and corporations are for allowing their IPOs to be “overpriced”. I believe this is a misinterpretation. The whole point of an IPO is for it to be “overpriced”.

This argument about IPO pricing appears like another case of people Continue reading

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