Let me tell you what I learnt from every crash that I have gone through….and remember when I was an Equity broker, my annual income would fall 90% – NINETY PERCENT, yes you heard it right. Buy and Hold does not work UNLESS you have patience – Suppose you had bought a good company like […]
One thing to constantly ask oneself is – a) could we have known this and b) how did we react to this ‘knowledge’ Let me be brave and say there were signals, but we did not know how to react. Let me give you an example from a visit to Tadoba (a forest with tigers). […]
With a 20% fall in the indices we briefly touched bear territory. You can now be sure that many large cap funds will claim that in the last quarter they have generated alpha. For all I know they may have beaten the index. If you were over weight say Bharti airtel and did not have […]
Do you think these are the worst 4 words in investing? I do not think so. I think it is “Our backtesting shows that” ! However 2020 is different from the previous drawdowns that we have seen – the vicious ones like 2008, or even 1992. I am talking about Sensex – and so will […]
this was first published in Cafemutual’s magazine…I thought my readers should also have a benefit of this Fund manager’s writing….who is he? Well see at the bottom. If you want more details Google. If you want benefit of his work, invest with him….!! read on….. Just two months ago we were roaring with you, dear […]
Caveat: I have a stake in all the shares mentioned here – either put or call. So read carefully. Let us get somethings right. A bull market is something that everybody loves – but does not notice especially if it is over a long run. So the market which was 21000 in 2008, and fell […]
Over the past 3 decades our regulators are REFUSING TO develop a vibrant retail (and wholesale) debt market. This has taken its toll in various forms. The Harshad banking scam, the Ketan Banking scam – are the more famous ones. If there was a vibrant secondary market, no small bank would have needed a “consolidator” […]