Do it yourself

 Besides digital transformation of global economy, sustainability is the other theme that had dominated the investment strategies in past three years. The global energies have remained focused on enhancing the role of digital capabilities in our day to day life, and making the growth sustainable in terms of the pressure on natural resources and dispersal of harmful waste in the environment. Scrolling through my social media timelines, I gathered some interesting instances of “sustainability” theme dominating the investment discourse. ·          Market capitalization of Tesla Inc., the US company making electric cars, among other things, has topped market of top 10 global auto makers; even though it’s annual revenue is about US$28bn (vs. Toyota revenue of US$572bn). ·          The stock price of Orsted A/S, a Danish largest energy company in Denmark and world's larg...

Two inquisitions from readers in past one week have kept my mind occupied for most of the week. The questions are not new; rather these are the most routine questions I get from readers (usually small individual investors). I have answered it many times. But still I keep getting it repeatedly, even from the same people. This makes me wonder why do we investors refuse to learn the art of investing, despite an abundance of wisdom easily available for free on the internet and our own experiences! The inquisitions were: (a)    Yes Bank is down more than 95% from its 2018 peak. How much more it can fall? Can I buy this? (b)    ITC is up more than 40% from its recent lows. Should I buy it or wait for correction? Well, I cannot comment on stock specific queries. But let me answer it the following way. Please note that this is only for illustration purposes and not an investment advice. (a)    15yrs ago, Suzlon Energy Limited, a renewable energy major, ...