Mr. Shah, expert on stock markets, is being
interviewed by the PYA (Pretty Young Anchor, of which there are many on television)-
PYA: Mr. Shah, what do you recommend today?
Shah: Well, I think half the Gujjus will
have dhokla today, so I see an upside in flour making companies specialising in
Chana Dal....
PYA: How about Banking, Pharma, IT, and
Metals? Should you go long or short, Mr. Shah?
Shah: Well, it’s been a long time since I
was so bullish on IT stocks. If the rupee goes to a hundred against the dollar,
they’ll double their sales turnover by doing nothing. It’s like a magic trick,
or alchemy.. so I am going gaga (no threat to the Lady) over IT now.
Pharma, I am also sure will also do well,
as the rupee is giving high BP and heart trouble to all the importers in our
country. So they have to do well, there is no option..
Banking, I will say that people don’t want
their hard-earned rupees to go waste, so they will buy gold as that is the only
tangible asset they can see. Real-estate is more likely to melt down than the
yellow metal....as a result, banks will have a tough time, so I would say sell
banking stocks.
PYA: Brilliant analysis, Mr. Shah. What
advice do you have for the retail investor?
Shah: There was always conventional
wisdom that to be a successful investor, you must know your onions. Never so
true, never so true as today. You must stock up on onions like there is no
tomorrow. Even if you don’t eat them, stock up on them. Buy a deep freezer and
stock up on onions. That can ensure your daughter’s marriage, your son’s
education, and a hedge for rising petrol prices. Since you can’t stock up on
petrol, stocking up on onions is the only way out.
PYA: Thank you soo... much, Mr. Shah.
Viewer (Switching channels to Ekta Kapoor’s
serial) : Am I the only one going bananas out here?
