Quick Edit: This week inspiration comes from the proverbial tortoise. Why do we say this? The race is all about how we pace it. A Bull Run is after all a race to outlier returns. How we pace our investing is very critical in the current context. Here is our…
Quick Edit: A few weeks back, the India story looked like a lost cause to followers of the top-down school of investing. In an amazing turnaround, the government has managed to pull things back. And how? When sweeping change is required, speed is the essence. Only when the pace is…
Quick edit: Good economics makes good politics as well. Most investors will agree with this statement. Yet, we have lived with bad politics driving bad economics for 8 long years. Making a clean break from such an extended bad spell won’t be easy. So, expectations are still running low on…
Timing has an uncanny way of throwing your investing into chaos. Trying to time your investing often leaves you timed out. Events always play the culprit that spoils every market timer’s party. Events turn things around swiftly giving little time for a response. The flurry of reforms flooding our minds…
Quick Edit: The finance minister and his team are doctors who know the right cure for the dire situation. The patients, in this case our people, know that the situation warrants tough calls being taken. But, the relatives of the patients, the politicians, are playing around the decisions with reckless…
Quick Edit: Investing is not just about deploying money. It is more about doing time with an investment. But, investors mostly ignore the time component and focus on the money component. Play. How you play the time component is what determines the outcome of your investing. Sadly, this is every…
When nobody wants to buy something, it naturally loses its value. The value of something that is not in demand naturally tends to be lower than what it is really worth. This is the state of equities now. Look around you and you will find that the last time people…
Quick edit: Every waiting game has to end. In investing, merely waiting for the right moment will not deliver investment success. In this instance, most investors have been waiting since 2008 for one thing – the perfect moment to buy. The market bottoms of 2009 and 2011 did not give…
Quick edit: Have you even tried predicting the imminent arrival of rains? How did you do it? The smell of rains is an obvious signal that actually told you the rains are near. And, mostly, the rains seldom disappointed. The markets have a smell of their own. Do you have…
Sounds cocky, right? Let me try and make my case. An investor’s life isn’t easy. Winning to one actually means losing to a whole lot of others. The truth is that every smart investor gains from the stupidity of others. In my view, smartness can be demonstrated only if you…
This question is popped at me by almost everyone who knows my story. It puzzles those who know me that I should actually start a venture that advises other investors (small and big) in a beaten space like mutual funds. Isn’t it too restricted and repetitive? Would it not be better if…
Quick Edit: India’s transition from a crony capitalist regime to a market driven one seems to be a never ending one. First, we dismantled the old licensing regime with great difficulty in the nineties. But, licensing made a swift comeback in sunrise sectors like power, telecom and infrastructure, albeit through…