The most profitable industries in India in 2019

“Why so glum? It’s friday afternoon for crying out loud” (A senior executive to his subordinate) Subordinate: “See this pile of resumes? All applicants for that open role on our team. I’ll spend the best part of the weekend shortlisting this lot.” Senior Exec: (picks up pile, splits into two. Tosses one half into the trash can) Shocked Subordinate: “What about finding the best person for the role?!” Senior Exec: “Who needs unlucky people on the team. Enjoy your weekend.” Think of the pile as companies you could invest in. Sure you could comb through each one to find the

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Can buying cheap NIFTY stocks beat the index?

Legendary value investors, past and present, and the best value investing blogs offer this as the one consistent message. Focus on buying stocks trading at relatively lower valuations to the market and the returns will take care of themselves. Ironically, the most-quoted “value investor” in the world, Warren Buffett deviated from this simplistic strategy a long time ago when he started buying “wonderful businesses” (brand, pricing power, future ability to generate cash with minimal capital) at fair prices over fair businesses at “wonderful prices” (current low price to book / other earnings multiples”. The term “wonderful business” has since then

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