Dr Shashank M Hiremath

  Berkshire Hathaway Inc Company Information Berkshire Hathaway Inc. is an American conglomerate founded by Oliver Chace in the year 1839. Being currently headquartered in Omaha, Nebraska in the United States, it originally started as a textile manufacturing company.  The Berkshire Hathaway Inc Class A Shares are the costliest shares, trading at more than $4,30,000. This was largely because there has never been a stock split, and the company paid dividends only once after billionaire investor Warren Buffet took over the company.  Being a conglomerate, Berkshire Hathaway is engaged in diversified investments in various other corporations, insurance, utilities, food processing, consumer, real estate, operating North American railroad operations, etc.  What originally started as a textile company expanded its operations into the insurance sector largely due to the waning textile industry after World War-I. In 1965, Warren Buffet took over Berkshire Hathaway, who later e...

Eli Lilly And Company Information Lilly (Eli) & Co. is an American-based multinational pharma company with offices in 18 countries. Its headquarters are situated in Indianapolis, Indiana, and it sells drugs in over 125 countries. Colonel Eli Lilly was a pharmaceutical chemist and American Civil War veteran who founded this company in 1876. It is traded as LLY in the New York Stock Exchange (NYSE).  Lilly employs over 33,000 people and generated a revenue of over 22 billion USD as of 2019. The company is committed to researching and developing high-quality drugs for humankind's welfare by remaining true to its work. In 1876, this company produced the medicinal drug called quinine used in the treatment of Malaria.  Among its many commendable innovations were gelatin-coating for the capsules & pills and sugar-coated pills that make them easier to swallow. It also developed various drugs for treating syphilis, rheumatism, eczema, and psoriasis in the early 1880s. A scienti...

 Dear Readers, Greetings!! The stock market's allure has grown immensely in recent years, drawing in a diverse array of participants across various demographics in India. Let's delve into the investment behaviours of different groups, shedding light on the approaches and perspectives of college students, working professionals, homemakers, entrepreneurs, and the self-employed within the Indian context. College Students: For college students, entering the stock market often represents an opportunity to learn and gain firsthand experience in financial markets. Their investment behaviour tends to be more exploratory and experimental. With limited funds, they might take smaller positions, often driven by curiosity and the desire to grasp market dynamics. Many turn to online resources, educational platforms, and apps to understand the basics of investing. However, risk-taking tendencies may be higher due to a lack of experience and a smaller financial cushion. Working Professionals: ...

United States shutdown and its impact on the global stock markets!! What should Indian investors do?   Dear Readers, Greetings!! A US government shutdown is a situation in which the United States (US) federal government cannot operate because Congress has not passed a budget or a continuing resolution (CR) to keep the government funded. This can happen when Congress is unable to agree on a budget, or when the President vetoes a budget bill. Short-term bill is proposed to avoid the shutdown, as i t extends funding for appropriations bills till October 31, while instituting a 7.8% cut to discretionary funding. There have been 14 government shutdowns since 1981.   (Source: https://coopwb.in/info/will-there-be-a-government-shutdown-in-october-2023/ )   When the government shuts down, non-essential government services are suspended and employees are sacked (temporarily laid off without pay). Essential services , such as the military, the police, and fire departments...

  Dear Readers,   Greetings of the day!!   Artificial intelligence (AI) is rapidly changing the world around us. From self-driving cars to virtual assistants, AI is already having a major impact on our lives. And as AI continues to develop, it is poised to transform even more industries and aspects of our society.   One of the most significant ways that AI is changing the world is by automating tasks that were once done by humans. This is already happening in many industries, such as manufacturing, customer service, and transportation. As AI becomes more sophisticated, it will be able to automate even more tasks, freeing up humans to focus on more creative and strategic work. Another way that AI is changing the world is by providing new insights and opportunities. For example, AI is being used to develop new medical treatments, design more efficient products, and create more personalized experiences for consumers. As AI continues to learn and grow, it will beco...

Dear Readers,   Greetings of the day!!   Elliott Wave Theory is a popular technical analysis approach used to analyse financial markets, including the Indian stock market. Developed by Ralph Nelson Elliott in the 1930s, the theory suggests that financial markets move in predictable patterns or waves.   According to Elliott Wave Theory, market price movements consist of alternating waves of expansion and contraction, which are driven by investor psychology and market sentiment. These waves are divided into two types: impulse waves and corrective waves.   Impulse waves, also known as motive waves, are the larger waves that move in the direction of the overall trend. They are further subdivided into five smaller waves, labelled as 1, 2, 3, 4, and 5. Waves 1, 3, and 5 represent the upward movement of the trend, while waves 2 and 4 are the corrective waves that retrace some of the price movement.   Corrective waves, on the other hand, are the smaller waves ...

Dear Viewer, I had given a guest lecture on the topic: "The Habit of Savings and Investments", during 110th Learning Session, organized by Disciples India Learning Forum in association with Srilakshmi College of Management and Science, Bengaluru. Date: Saturday, 13th May 2023; Time: 5:30PM to 7:00PM You can find the same video here: https://www.youtube.com/watch?v=hE2KzhO3tvg&t=2923s Thank you for your support, comments and encouragement. Best wishes, Prof. Dr Shashank M Hiremath. Academician, Researcher & Stock Market Analyst.