“Psychology of Money” by Morgan Housel is a captivating exploration of the intricate relationship between people and money. The book is structured into 19 concise stories, each addressing different aspects of the way people tend to handle their finances. We all have unique experiences with investing – everyone looks at…
When was the last time you bought a fridge? A TV? What about a microwave or a washing machine? Or a mobile phone? Electronics have made their way into our day-to-day lives. And who doesn’t love having technology at their fingertips? All these devices have made our lives more convenient;…
As investors, we all want to be ahead of the cycle. For obvious reasons, this is one of the hardest things to achieve. To be ahead of the curve, we should have a keen sense of where we are now, where we’re going, and what could happen along the way.…
Relief rallies in a falling market can be extremely deceptive. They give us a false sense of confidence. They are sharp, swift and sudden. They take us by surprise and excite us enough to believe in the strength of the market. And, when we begin to believe that these relief…
Wrapping up the last quarter A lot can happen in 3 months, let’s do a quick recap! This is an overview of: Mutual Fund Updates Flows in Mutual Funds Corporate Actions Global Monetary Policy, The Markets Global Headlines, and Tax Mutual Fund Updates Sebi had allowed mutual funds to introduce…
When you sell shares or book profits and are sitting on cash, you want to find ideas within a reasonable time. When the market keeps rising, this becomes a challenge. It becomes increasingly difficult to find ideas where you have the comfort of valuations. While you may find interesting ideas,…
A 15% plus spike in the volatility index (called VIX), a sharp bump up, 3%+ in gold, and 5%+ in oil don’t triangulate too often. In the past two decades, this happened thrice – once in 2001, then in 2008, and now on Friday. Events like this want you to…
Manufacturing Sector India’s new growth formula is its manufacturing sector this season. The opportunity for India at this point in time is something that everyone’s talking about. The post-pandemic world is witnessing geo-political headwinds and there is a dire need for supply chain resilience. The perception for years together was…
What is the most important thing an investor must avoid doing now? The answer is actually very simple. An investor must not overpay now. The reason for that being more important now is not too difficult to understand. When the global macros are heading into rough weather and local macros…
“Details create the big picture.” – Sanford I Weill There is a stark contrast in investor sentiment between fixed income and equity. Equity investors are quick to digest negative news and eager to participate in the asset class. On the other hand, fixed-income investors are taking their time to…
“What’s the hurry to sell even the most expensive smallcap stocks? ” asked a friend. His rationale was simple. Mutual funds are flushed with flows. They will only buy and somehow deploy their cash. Investors simply need to hold on for a while and liquidity could potentially make their holdings…
The divergence in valuations between listed companies and private VC-funded companies in emerging sectors is a telltale sign of what liquidity can do. In high growth sectors like QSR, solar, EV and digital commerce, listed entities are trading at a significant premium to their unlisted peers trading in private markets.…