Return On Capital Matters

Momentum in the markets is seductive. Most people (even seasoned investors) find it very difficult to argue with rapidly rising or rapidly falling prices.

Since at some level most people have been infected by the efficient market theory (EMT) virus, most people will justify any rapid change in price with fundamentals. More...

VALUEx India

VALUEx India held in Mumbai between 7th and 9th November was a grand success. Thanks to everyone who participated. VALUEx is based on the concept of peer to peer learning and ideas worth sharing.

VALUEx India itself was based on an idea I received from my good friend Guy Spier. Guy explained to me the power of open source and non-solicitation. More...