2015 – Expect Less, Invest More.
2014 was a blockbuster year for equity investing. It played out like a film script. 2014 was born out of pessimism. Markets […]
Smell the change in the air.
The big picture of the economy doesn’t change every weekend. Unlike the cinemas which keep shifting the big picture every week, the […]
Rotation returns
Fear returns exactly when nobody expects. Bad IIP numbers, widening deficits and a weaker rupee are seen as provocative symptoms. Doom saying […]
Think Big
Investing is the intersection of economics and psychology. –Seth Klarman The complete absence of fear is the perfect setting for the advent […]
Stay Invested
Are macroeconomic trends and stock markets really connected? Many people think not. The stock market deceives many with the impression that it […]
Buy the leaders of tomorrow.
Mergers and acquisitions are the buzzwords all around us. Businesses seeking rapid growth in a recovering economy clearly prefer to grow inorganically. […]
Time to show character.
Iwiz: When euphoria is near, it is the time to fear. Quick edit: Good times bring their own subset of problems. For […]
Focus upon investment behaviour.
“The individual investor should act consistently as an investor and not as a speculator.” – Ben Graham We always believe it is […]
Liquidity distorts. Stay cautious
“Things always become obvious after the fact – Taleb.” Short-sightedness stops us from looking far enough. Often, we miss the big picture […]
Think Beyond the Present.
“What makes the desert beautiful is that somewhere it hides a well.” Investors mostly believe that wealth is created through better performance […]
Lower expectations.
Bargain hunting is a constant pursuit. Thats the only way it works. Managing expectations is an art. Mastery over this art determines […]
Believe in the recovery.
The investor’s tool kit – a cool head, adequate liquidity and a strong urge to buy good stocks. Data is increasingly a […]