Views on Life & on Equity Investing

Wonder, Wealth & Abundance

PSU Banks

with 4 comments

Modi saving his friends by helping write off bad loans.

Risk on behaviour and lax/indisciplined lending to continue.

This fund will again go to bad loans.

PSUs will require another boost ad-infinitum.

Good for stock market for another 1-2 years.

Bubble party continues longer.

Silly to see SEBI IA taking credit from a 12 Sigma event and taking pride in holding in PSU banks as lonely/contrarian buy. Same as neanderthal taking credit for lighting fire by worship for thunderbolt.

PSU likely to go to zero in the long term. Any way you slice, the returns are abysmal in this decade.

Good for the corporates, good for rich people, bad for tax payers.

Written by amitdipsite

October 26, 2017 at 7:02 am

Posted in Uncategorized

4 Responses

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  1. couldn’t agree more!!!!

    Shaishav

    October 26, 2017 at 9:59 am

  2. Dear Amit,

    Are you tracking any infra company in India and do you find any company which would be good for buying for next 5 years, am holding ramky infra and coromandal engineering currently,

    Thanks & Regards,

    Shailesh

    Shailesh

    October 27, 2017 at 5:33 am

  3. Jagadish

    December 8, 2017 at 4:49 pm


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