There are many signals which are likely to confuse you about bear markets and bull markets. Unfortunately the market does not ‘pre-announce’ the start and stop of ‘bull’ and ‘bear’ markets. You need to look at signals – monetary, philosophical, psychology, and physiological! You could look at how people behave, what they say and what [...]
If you wanted to make a career in a sport would you just watch that sport on television and hope to be a world beater? No, I guess. Similarly if you want to be a good investor watching television or the pink papers or the personal finance magazines and websites may be not the best [...]
Now that entry loads have been abolished the media will want to don the role of an investment advisor. Not that it is bad for the media, it is disastarous for the investor. This column will try to demolish some of the media perpetuated myths. Today let us look at the top most media myth. [...]
Markets in the country are going through a bad phase for sure. However, it may be an opportunity to buy if you are optimistic. The main worries are – 1. There is a large sales force today far, far divorced from the end customer! They have no clue how the money is collected, aggregated, and [...]
What events trigger a market to rise and what triggers a fall? Conventional wisdom tells us “good events” should trigger a rise and “bad” events should trigger a fall. Correct? No. Wrong. The basic assumption that you can isolate “one” event to the day (or month)’s market performance is a media myth – necessary to [...]
Mutual fund ranking is another media creation. Media needs to create stories daily. So it helps to have quarterly results. If you have 200 companies 4 quarterly results and 200 final results ensure that 1000 stories are ready. Similarly, if you 250 schemes and you have monthly rankings (thank God it is only monthly and [...]