Of course I do not have an answer. However it is possible that markets are well priced… 1. 2 websites and 3 magazines asked me whether the markets are fully priced: I said I do not know, but then they wanted to know whether it will go higher. I said I do not know. Then […]
When the index is doing well….we all buy into the optimism. It may actually be a great time to review your portfolio and SELL the duds and perhaps be in an index ETF. This is a tactical strategy of getting away from the high Beta stocks to safer territory – if the market goes up, […]
I am not even sure whether a conversation or strategy which some of us use should be part of this blog. However as an experiment here is a trend in some of our portfolios. I have no clue whether it will work in the future, it has worked in the past – say 20 months. […]
D0 you know what is the Wimbledon effect? Well it is the location – the Wimbledon is in UK, but no Englishman ever wins it !! Similarly when the Indian stock markets go up, the participants are mostly White men in US or UK. Why are Indians shy of investing in Equities? Well Sucheta Dalal […]
This is not the first time that I am doing a post saying ‘why people lose money in equities’ – nor will it be the last! Of course there are many reasons, here is an attempt to find some of them: 1. Over-Confidence: It is quite shocking to see how people over estimate their ability […]
It takes a long time in the markets with great performance – 17 years – with no great one year or 2 year returns to be called a good manager. No make it great. 29% CAGR – sure some of our business owners (Uday Kotak, Rakesh J, Deepak Parekh, Mukesh Ambani) must have achieved it. […]
The people with old portfolios – some of them in their ’80s is coming from a completely unexpected source (that is what risk is supposed to be, is it not?). My parents lost Cadbury, Kodak, Hoganas, ITW Signode, …significant shares in their portfolio to a ‘buy-back’ in the 1980s…or 1990s, not sure. Buy-back is a […]