Get Back to QARP
2021 saw the markets draw a consensus view that it is alright to buy quality stocks at any price. This view led […]
Past, Present & Future
Every market context throws up winners. Winners don’t necessarily keep winning. New winners keep replacing older ones. This applies as much to […]
Shifting to Safer Valuations
When a particular mutual fund scheme, or a theme, significantly outperforms the broader market, they receive the highest flows. Inflows happen when […]
Positioning Counts
If you look at what most people have been doing since the first wave of COVID, they have been chasing momentum. Be […]
Making Conviction Count
A 3% fall in the headline indices cannot be called a crash. In fact, it cannot even be called a sharp correction. […]
Damage Control Hour
The curse of overpricing a very large marquee IPO will always be more than just about numbers. People will not see it […]
Common Sense Wins
When you are at crossroads in decision making, where do you seek counsel to take the right direction? We seem to be […]
Battling Inflation
India is managing inflation at multiple levels. The last time India cut a sorry figure was when we could not meet the […]
IRCTC Saga
When ownership is with the president of India, and control is with an operating ministry, the lack of alignment between ownership and […]
Change in Direction
Market focus is not changing direction. We have seen in the last 18 months that small and mid-caps have been hugely profitable […]
Experience – The Guru
Experience teaches us how to respond when faced with similar situations comparable with our past. When we are faced with the same […]
A Stop-Loss Moment
It is important to understand the reason for the government to be in a particular business. In most instances, the government need […]