Tag: Ambit
Ambit’s Somersault
September 10,2015
Saurabh Mukerjea,Head of Institutional Research,Ambit:
“We are looking at the propsect of Sensex reaching 22,000 by year end”
September 18,2015
Andrew Holland,CEO,Ambit Investment Advisors:
“I expect the Nifty to trade close to 10,000 by year end”
Huh?
In the Soviet era communist regimes,there was a joke which went like this:
Don’t think.
If you think, don’t speak
If you think and speak,don’t write
If you think and speak and write,don’t sign
If you think and speak and write and sign,don’t be surprised
Nitin Mangal of Veritas was arrested for writing a negative report against India Bulls.Wall Street Journal has written a brilliant article on this.What I found most interesting in the article was Ambit’s Saurabh Mukerjea’s take:
Some of the issues highlighted in Veritas’s criticisms were “plainly obvious,” said Saurabh Mukherjea, head of institutional equities at the Mumbai-based Ambit Group, in an interview. “The problem is that Veritas went out with guns blazing,” which isn’t done in India, he said, because you could “end up in a police station late at night and never see the light of day.”
Instead of putting his controversial opinions in writing, Mr. Mukherjea said he generally tells his clients verbally “where the skeletons lie.”
Relative Bank Valuations
Source: Ambit
[gview file=”https://alphaideas.in/wp-content/uploads/2015/08/Ambit-Economy-Strategy-.pdf”]