Cigar Butt Investing ?
The street is abuzz with success stories of investors and speculators who have doubled or tripled their money in select low unit value stocks in the post Covid stock market rally. Calls from our investors also want to know about that magical stock which can multiply in days if not months. Work from home or […]
The lost decade….
The teens were supposed to belong to the emerging markets and BRICS, especially to India. The sixties and seventies of the last century belonged to the USA, the eighties to Japan, End nineties and the first decade of the current centurybelonged to China and the teens were to be India’s decade. But alas, India has […]
Economy at a low; Markets at a high?
The two most relevant and frequent questions that we face today from investors are: Why is the market touching new highs when the Indian economy is faring so poorly and seems to be on a downward spiral ? And the next immediate question invariably is: Why is my portfolio doing so badly or underperforming when […]
Prospects of Samvat 2076
We all love forecasts and making guesses. An end of a period and the start of the new Year is the most popular time to have another round of forecasts on the prospects for the year ahead. Diwali and the start of Samvat 2076- The Hindu Calendar Year- has brought with it a flood of […]
“October Effect” – Fact or Fantasy..
The stock markets have its own superstitions, sayings and lunacies.Some of them are connected with certain months, some with dates and some with specific days.Old stock market adage says “Sell in May and Go away”, “The back to school trade is always down,” and “Remember September always underperforms.”As per the Chinese calendar, August is considered […]
What is Contrarian Investing?
In the plains of the African national parks an event gets played out on a daily basis. The moment an impala or a deer senses danger and starts running; the rest of the herd also joins the run. Many in the herd will not even know what triggered the running. Similar scenes can be observed […]
Conquer your financial sins this Dussehra!
The festival of Vijay Dashami, or Dussehra, symbolises the victory of good over evil. There are four yugas widely accepted in Hinduism, Satya Yug, Treta Yug (Ramayana), Dwapara Yug (Mahabharata) and Kal Yug(Present) In Satya yug, the fight was between two worlds (Devalok & Asuralok). Asuralok being the evil was a different World. In Treta […]
Money Lessons from the Mahatma
‘Mahatma Gandhi’ and ‘finance’ or ‘ Investment’ in the same sentence somehow don’t jell. Gandhiji was the epitome of non-materialistic living and had virtually no connection with money. But contrary to popular belief, and despite the above facts, there are certain Gandhian ideas that certainly could help in your financial journey. Mahatma Gandhi’s life is […]
$ 5 Trillion Maths
From the Ramparts of the Red Fort, Prime Minister Narendra Modi declared on the 15th August: “The goal to make India a $5 trillion economy by 2024 is challenging, but achievable.” By a simple CAGR calculation, The Indian Economy needs to grow at 13.11 % nominal rate to achieve the desired figure by 2024. Assuming […]
Why is Market Sentiment so poor..??
Of late, despite a record mandate for the ruling government, relatively benign macros, low oil prices, reasonably good monsoon, falling interest rates, low inflation, fiscal prudence by the government and many such favourable factors, the sentiment remains poor. In terms of year-to-date performance of the top 50 equity markets in the world, we are now […]