Categories
Observations

A post-election stock strategy

I have always maintained that it is impossible to keep secrets in a country like India.The reason is two fold-our sheer numbers makes privacy all but impossible and secondly, we as people, just love to gossip.

An interesting tidbit came to my ears via a banker friend.

A prominent political party gave a mandate for its poll advertising campaign to a leading ad agency.

The ad campaign was launched but soon enough, the “white” funds got exhausted.

The political party then insisted that the ad agency take funds in cash (i.e. black)

The ad agency demurred saying that even if it did, its media partners (TV Channels,Newspapers etc) will not.

A satisfactory solution was found for this knotty problem.

A leading industrialist stepped in-he makes all the payments in cheque on behalf of the political party to the ad agency !

This banker friend of mine is waiting for the results to come out.If this political party comes to power, he will go long the shares of this industrialist’s company.

Leave a Reply

Your email address will not be published. Required fields are marked *