October 2020

PVR Cinemas – House Empty – Future Bleak – Retail Shareholders Euphoric

Warren Buffett’s seemingly most popular quote “Price is what You pay and Value is what You get” doesn’t seem more destroyed or intrigues the patron more, when one pays ~Rs300 / USD 4.5 for a 100 gms box of popcorn at an Indian multiplex, whereas in India 700 million people earn less than Rs 100 per day or say ~USD1.4 / day But this piece isn’t about the Indian Economy,… Read More »PVR Cinemas – House Empty – Future Bleak – Retail Shareholders Euphoric

10 Blunders – 1 Arrogant Company – Millions of Shareholders Suffering (The story of ITC)

  Dear Board Members, As a minority shareholder while I sift thru the 368 page Annual Report (AR) of my company, it seems and appears to be a manifesto of a large political party that is proud of what its done in the past and what it hopes to do even if nothing sounds or appears to be value accretive for the shareholders.  Markets are wise and perceptions are strong… Read More »10 Blunders – 1 Arrogant Company – Millions of Shareholders Suffering (The story of ITC)