To give you some background on this post, last week I had disagreement with a celebrated financial expert about the ethics of preparing financial statements. It started with me saying this – “if the management does not want you to know something about the accounts, you will not know it. Period.” There is a thin…
Manipulation
How Are Stock Prices Determined?
Today I will try to answer a question which I received from one of our subscribers. Vijay asked – “How are stock prices determined? I mean, why would a stock like Bosch trade at Rs. 26000+ while Noida Toll Bridge would trade at Rs. 35? Does it purely depend on how many shares are ‘in…
How Share Market is Used to Convert Black Money Into White
In a country like India with a shadow economy the size of ~ 25% of GDP (total unaccounted money within India is estimated between Rs. 10 – 15 lakh crore by various accounts), it is not surprising that newer methods are constantly being evolved to make use of black money in the real economy. Not…