Where Has All The Risk Capital Gone?

What does RISK mean? It means the potential for loss. Therefore an investment that is more risky than another is considered to have a higher potential for loss than the other.

However, in the case of financial markets a new dimension is added to risk. The dimension is that of perception. There can be and almost always is a difference between the perceived risk of an investment and its intrinsic risk. In the case of financial markets, risk has almost entirely come to mean the perceived risk of an investment rather than its intrinsic risk. More...

Investing In Indian Infrastructure

I have been a vociferous critic of India's infrastructure story. I don't deny that India has a chronic deficit of infrastructure and that investing in Indian infrastructure should be a lucrative opportunity. However, my concern has been with the manner in which investors got carried away by the Indian infrastructure story and with the financial shenanigans committed by India's so called infrastructure companies. More...

VALUEx India On 3rd November In Mumbai

The second VALUEx India will be held in Mumbai on 3rd November.

VALUEx is a unique concept in the world of investment conferences. It is not sponsored by anyone and is not for profit so it does not have a commercial agenda. It is based on principles of TED conferences - ideas worth spreading and peer to peer learning.

India is a paradise for value investors. It has a few thousand listed companies that represent almost all sectors of the economy. Company owners and managers understand the concept of minority equity ownership and the country has a well developed institutional and retail investor base. India is also a uniquely high growth market with a population of 1.2 billion, half of which is under the age of 25. More...