BUSINESS
Why the LensKart IPO pricing is pure art... and artfulness
The thing is that markets are a fascinating study in comparative degrees of lunacy. If you sell irrationality first, then resetting and selling rationality later is a piece of cake.
BUSINESS
Why Shankar Sharma calls Nifty 50 P/E a colossal idiocy
'P/E of the Market' concept is absolute baloney. It fails miserably to stand up to any analytical and conceptual rigor. It is simply the dumbing down of what is a very complex science: to figure out what the true intrinsic value of any market, sector or stock is
