LOL you trade his calls and opinions and make trillion i have nothing to loose
and to great mind like zse9 just open a brokerage house and offer free trading to all even without comission and taxes
Sorry if I am stating the obvious. But if I make a trillion, most probably some of that I will be making off you. No? So you may have something to lo(o)se (sic) after all. Also free commission may happen but no taxes is very unlikely to happen in India in our life times. I am just joking. Please don't take me seriously.
Now on a serious note. Can Mr Amarnath or some one else please enlighten me on this issue that has always confused me. A lot of people, brokerages etc. go around giving free calls/advisories regarding stocks, commodities or what not. What do they gain from these?
If a brokerage house or even an investment advisor like Amarnath thinks Crude is going to hit $100, why don't they just buy it at $50 and hold it. When it hits 100 sell it and take profits. Why all the interest in helping little people like us make money by telling us that it is going to hit 100, so that we can buy it around 50 and sell it at 100 too? That too for free.
(What I think is - secretly they are hoping that poor sheep like us will follow their advice and start buying at higher prices when they can sell and make a tidy profit. Well, I can be wrong. And sincerely I am hoping that someone would correct me here, and tell me that people like Amarnath and companies like Goldman Sachs and Karvy and everyone else are doing it out of the goodness of their heart rather than greed to make even more money.)