PenguWIN is 4 Years Old !
Greetings from PenguWIN: Today, the 4th July 2018, we have successfully completed 4 years of operation and entering the 5th year. Customers are key to any business and I love this quote by Sam Walton of Wal-Mart; “There is only one boss – the customer. And he can fire everybody in the company from the chairman on down, simply by spending his money somewhere else.” With a small tweak, “Spending to Investing” it is very...
Mystery of Missing Returns
Warm Greetings from PenguWIN: I wanted to share this message with you before you might observe and become anxious. A couple of our investors have noticed it and requested for clarification. It has no effect on the value of the fund but portrays the performance in poor light. The details might be slightly technical (no impact to you) which is the reason why I was holding this message but thought that this note be...
Anticipating Budget 2018-19
Warm Greetings from PenguWIN: In a few hours, Finance Minister Mr. Jaitley will be presenting the Union Budget for 2018-19. No, this is not a commentary on Budget or a wish list as Budget details are kept confidential. In this blog, I plan to highlight an important change with respect to Equity investing. The change might not be proposed by FM (like last year when it was expected but finally did not occur), significance...