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False Complexity

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  Unlike my previous blogs for giving forecast of coming weeks on different industry sector. You will find this blog in different taste and references. I will emphasize more on the learning part of stock market. As a general though for the blog, I want to emphasise that a simple subject like this is made complex due to hidden agenda from most of the knowledgeable crowd. Further to add on this, As a concept it is as simple as shopping for jeans or other stuff in super market. Read the below explanation in the context. When we think of buying a jeans, shirt or a pen and visit a super market. First thing we focus on the quality of goods, respective price and budget we carry to the market. When we look for quality/price of goods we compare among same category of different brand in stock. We don't compare jeans quality with pen or jeans price with pen price. If one brand of jeans is too costly, we check the respective quality and brand value when you wear the jeans. Similarly if one bra...
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Risks OK... But is it Risky too..

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  Before starting to talk about risk, wanted to share few lines from some big achievers. 'He who is not courageous enough to take risk is living a very risky life' 'The biggest risk in human life is not taking risk'. These lines indicate that we are always living a risky life even when we are not taking any risk. We are on the risk of not achieving as per our potential if we are not taking enough risk. Other lines which I personally appreciate is 'Risk and opportunity are on the same side of the coin'. It depends solely on us what we want to see on that side of the coin RISK or OPPORTUNITY. Stock market is also considered to be risky for many and they stay away from this,while some are making millions in the same market. Is it not enough evidence or proof that the risk is not in the market itself but in the way we react on each events in the stock market? Stock market always say to its investors that 'Don't trust if you don't understand me'. A...
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Reliance Industries amount difference for financial year 2019 statement

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  Standalone Audited Financial Results for the quarter / year ended March 31, 2020 of Reliance Industries Limited (RIL) is released on 30th April 2020. While reading and comparing the numbers in the statements I came across some differences in the amount shown for financial year 2019. It is found that reported earnings for year 2020 and the amount shown for 2019 in the same statement when compared with the annual report of financial year 2018-2019. The difference found in all the standalone statements like Profit and loss statement, Balance sheets and Cash flow statements. Below are the amount shown in annual report in one column (A) and reported amount for same heads in 2020 annual results (B). Though the difference is not so huge But I wonder why this exists for the previous year figures which accounts are already closed. In P&L statement Value of sales and services is increased by INR 597 crore, while value of other income is decreased by 597 crore. As one head is increa...
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