Prakash Prabhakar (@pprabhakar365) 's Twitter Profile
Prakash Prabhakar

@pprabhakar365

There is only one Absolute Truth. Liberty of Thoughts is Optional.

ID: 458282931

linkhttps://youtu.be/0jMfiTfkRSg calendar_today08-01-2012 11:32:59

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Prakash Prabhakar (@pprabhakar365) 's Twitter Profile Photo

With every trading session, deep bleeding #Indian stock market cap is fast reverting to the #Buffet ratio, with US being the only other market more expensive than India. Looks like Buffet ratio has no impact on the market where this empirical ratio was first founded….

Prakash Prabhakar (@pprabhakar365) 's Twitter Profile Photo

That’s because most industrialists are essentially running with rent seeking business models. Take close to 5K acres of land aggregated by Reliance on the other side of creek and boom connected to mainland by Atal Bridge built in record time, will jack up value many times over.

Prakash Prabhakar (@pprabhakar365) 's Twitter Profile Photo

So it wasn’t just late Rakesh Jhunjhunwala who was an astute investor. His wife Rekha ji also has the ability to see how things are coming. For instance a few weeks ago, she sensed that #Canara Bank Q3 result may be a depressor and off loaded her holding. Truly maverick!