Investment operation and speculation Benjamin Graham one of the gurus of investing famously said: “An investment operation is one which, upon thorough analysis, promises safety of principal and a satisfactory return. Operations not meeting these requirements are speculative.” Many of us say we “invest” in the stock market. Or we have “invested” in a NCD […]
Are mid-cap and small cap stocks overvalued right now?
Economic Slowdown Economic figures for India clearly are pointing to a slowdown. In such a scenario how does it impact the stock market? At an aggregate level, it is common knowledge that large caps handle battering far better than mid-caps and small caps. Page 17 of Times of India, 6 August 2012, Monday, has an […]