April Newsletter - 2020
- Mitraz Financial
- May 26 2020
Financial News SEBI relaxes buyback regulation to enable the quicker raising of funds in times of the coronavirus pandemic. Currently, the buyback regulation disallows fresh raising of capital for a period of 1 year from expiry of the buyback period. SEBI has with immediate effect, reducing the 1 year period to 6 months applicable till Dec 31st 2020.SEBI on April 30th gave a three-month extension till June 30 for liquid funds to comply with the requirement of holding at least 20% of their assets...
December Newsletter - 2018
- Mitraz Knowledge
- Dec 31 2018
KNOWLEDGE - ENDOWMENT BIASSymptoms - The tendency to place a significantly higher value on things when we already own them.An Example - The endowment effect was identified by economist Richard Thaler in the 1970's when he gave the example of a man who bought a case of wine in the late 1950s for about $5/bottle. A few years later, his wine merchant offered to buy the wine back for $100 a bottle and the man refused, even though he had never paid more than $35 for a bottle of wine ever. Similarly, people...
