The Importance of Margin of Safety in Life and Investing: Only the Paranoid Survive

If someone asked me, "What is one investing rule you would never break?", I would immediately say "Margin of Safety" without flinching. In fact, it has almost become an instinct for me to claim a Margin of Safety for every single one of my investment ideas. Why is being cautious so important in investing?

Petronet LNG Valuation: Schrödinger's Stock

Petronet LNG (PLNG) is the market leader in India's LNG re-gasification industry. With the Government of India explicitly pushing their alternative fuel agenda, PLNG could gain considerably in the future. But as with most companies, the promise of prosperity comes with its own set of risks.

Motherson Sumi Systems Valuation: Saving the Hippopotamus

If you've ever owned a car, you are sure to have used this company's products. With that bold opening statement, let's attempt to unravel the story and the numbers behind one of the largest Retail Automotive players in the country: Motherson Sumi Systems Limited (MSSL).

Buying High P/E Stocks: Was Benjamin Graham Wrong?

The 'Price-to-Earnings' Ratio is perhaps the most commonly used Valuation tool in Stock Markets around the world. The concept was popularized by Benjamin Graham of 'The Intelligent Investor' fame. The general notion was that 'Low P/E' stocks produced better returns in the long run. But is that really the case?