Are managements really that important?

The typical Indian investor does not bother too much about company managements. You can see this behaviour particularly evident during times of an IPO deluge. Most IPO investors don't know the antecedents of the managements selling them shares. More disturbing is the fact that most don't care. The only thing that matters is what the premiums are in the grey market. We show how no company can escape the quality of its management. Busting the myth The integrity of the management is a concept that is oft repeated yet little sought after. But that's the key thing. Think of Narayana Murthy of Infosys, Azim Premji of Wipro or Ratan Tata. These are all individuals with integrity and people with whom you can trust your money. Passio

This article was originally published on June 05, 2015.