3. Classifying Your Market Activity
3.1 – Are you a trader or investor, or both? Identifying yourself as a trader or an investor is the first step to filing your...
2. Basics
2.1 – Overview India needs help from all of us countrymen in developing a tax culture. The fear of the income tax department can be...
Introduction (Setting the Context)
I remember a time (maybe about 10 years ago) I had the opportunity to meet one of those hard to find Chartered Accountants who knew...
16. The Finale
16.1 – The follies of DCF Analysis In this concluding chapter, we will discuss a few important topics that could significantly impact how you make...
15. Equity Research (Part 2)
15.1 – Getting started with the DCF Analysis We discussed “The Net Present Value (NPV)” in the previous chapter. NPV plays a vital role in...
14. DCF Primer
14.1 – The Stock Price In the previous chapter, we understood stage 1 and stage 2 of equity research. Stage 1 dealt with understanding the...
13. Equity Research (Part 1)
13.1 – What to expect? Having set the context in the previous chapter, we will now develop a methodology for conducting a ‘limited resource’ equity...
12. The Investment Due Diligence
12.1 – Taking stock Over the last few chapters, we understood how to read the financial statements and calculate a few important financial ratios. These...
11. The Financial Ratio Analysis (Part 3)
11.1 – The Valuation Ratio Valuation, in general, is the estimate of the ‘worth’ of something. In the context of investments, ‘something’ refers to the...
10. The Financial Ratio Analysis (Part 2)
10.1 – The Leverage Ratios We touched upon the topic of financial leverage while discussing Return on Equity and the DuPont analysis. The use of...