First IKEA Store in India and Investment Lessons from Herd Mentality

Last week (on 9th Aug) IKEA opened the first store in India in the southern city of Hyderabad and it was an instant rage. IKEA mania led to stampede and more than 40,000 people visited the store on first day! They did a sales of Rs 2.4 Crore ($350K) including Rs 11,00,000 from food sold... Continue Reading →

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Apple: The First Trillion Dollar Company

Apple recently touched market capitalization of $1 trillion! Here are some interesting facts: Apple IPO valuation (Dec 12, 1980): $1.2 billion Apple valuation on 2nd Aug 2018: $1 trillion Stock return since IPO: 50,000% Apple va Nokia rivalry: Valuations today: Apple: $1 trillion Nokia: $30 billion Valuations when iPhone was released in 2007: Nokia: $110... Continue Reading →

Anatomy of A Blowup

I read the following news about Jet Airways: JET AIRWAYS posts loss after 11 straight quarters of profits Loss higher than past 6 quarters of profit combined Fuel costs and higher other expenses dent numbers It reminded me of the following side explaining Nassim Nicolas Taleb's assertion of "Anatomy of A Blowup" Few days ago,... Continue Reading →

CNBC’s Warren Buffett Archive

Yesterday I posted a short blog post with link to 2018 Annual General Meeting of Berkshire Hathaway. I watched the Live telecast of the AGM till very late night (as per India Time). Some days back I posted a blog on Charlie Munger and shared some of his videos. Few days later I wrote another... Continue Reading →

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