Non-Banking Financial Companies (NBFCs) are financial institutions also known as India’s shadow banking sector, a big source of credit to the country’s small and medium enterprises, realtors, homebuyers and consumers. Unlike the formal banking sector, they cannot accept deposits from the public; they borrow money from banks or sell commercial papers to mutual funds to […]
100x Story of an Investor
Multibagger, a term coined by Peter Lynch, has become a buzzword. Investors hunt for such stocks that may give them 10x or 100x returns, but they are not prepared that such x journeys may be long and one might have to yearn for years for it. I am giving details of a real case here. […]
The Infant Learner: 13 January...
www.mfp.co.in The Infant Learner Some stuff I read this week: A. This week's Special:- Interview with Whitney Georg Whitney George has been the portfolio manager of the Sprott Focus Trust since 2003. Prior to joining Sprott, he was a Managing Director and Portfolio Manager of Royce and held positions with Dominick & Dominick, Inc., WR Lazard [...]