Invest Without Emotions
Has the market risen too fast too soon? It feels like only yesterday that all the “green shoots” talk from the US drove Nifty to overbought conditions. And then nothing happened. Europe took center stage and the drama there still continues. Are we talking about “brown shoots” now?
We had the same sort of bullishness in early 2010 and 2011 as well. And we are yet to reach those levels again.
I think its time to be nervous.
There comes a time in every Government run business where tough choices can no longer be avoided. Has time come to bury Air India?
Why does a piss poor country like India need a publicly financed airline when there are plenty of private players who are more than capable of filling in?
We spend more on keeping Air India alive than we spend on Rural Infrastructure. Where are our priorities?
We seem to think that Rs. 22 a day is enough for a person to live in rural India. But nobody questions as to why every Indian is expected to take on Rs. 577 of AI’s debt?
Given the succession of scams, it appears that we have developed a high tolerance to our government flushing our tax dollars down the drain. To paraphrase the French: The Maharaja is Dead, Long Live the Maharaja. Shut down Air India.
We love dividends at StockViz. In fact, if dividend were to be a girl (or a boy), we would’ve sent her a box of chocolates today. We are constantly on the lookout for new companies that announce dividends. There have been none so far this year, but here’s a handy chart to give you an idea of the number new dividend announcers by year
When a company announces dividends, we take it as a sign of confidence from management that it can fund its growth through internal cashflows and has some left over to pay out as dividends.
You can use our screener to hunt for these gems and more!
We are getting into the Valentine Day’s mood here at StockViz. We did a quick lookup up of the market over the last few years and guess what we found? On an average, the Nifty is up 1.3% on Valentine’s day! The biggest V-day was on Feb 14, 2008: +5.1%
Good luck for tomorrow!
The Wall Street Journal has a thought provoking article by Mr. Kagan – a senior fellow in foreign policy at the Brookings Institution. The key take away are:
Read the whole thing here. It would be time well spent.