Market Wrap

Expect Surprises

Liquidity can create more irrationality  than we can imagine. Often, investors hasten their investment process just to rid themselves of liquidity. It tends to unnerve investors who are sitting on cash and  seeing a rising market. It pains them no end to be mere spectators and not an active participants. Participation anxiety…

Make Your Choices Smarter

Domestic investor confidence has risen sharply over the past two months. During this period domestic investors have gravitated even more towards equity, overwhelmingly preferring it over other asset classes. This is in contrast to their usual standpoint, where equity was the least preferred asset class. From the least preferred to…

Be Circumspect

Seasoned investors are great believers in the power of circumspection. It is the rare ability to be guarded, prudent, careful, vigilant and wary exactly at the time when one needs to be. It is not often that one comes across such investors. Mostly, they are hidden behind the veil of…

Think Afresh

Investing often follows a routine. We identify ways of turning investing into a set pattern or a routine. Our choosing to invest in what has recently performed well is a good example of this approach. A routine helps every investor to organise his savings, deploy money steadily and to achieve…

A Different Year Beckons!

Investors in mutual funds turn to one metric when they are confused about what to do? Difficult moments in investment decision making inevitably lead to that one- stop decision making tool. Every investment recommendation draws authority from this one metric that metric is past performance. Investors draw liberally from this…

Being Patient Pays

“Investing is not supposed to be easy, and anybody who finds it easy is stupid.” These words of Charlie Munger were highlighted by Howard Marks in a recent lecture to India’s value investing community. This set me wondering again about the current narratives that dominate the Indian investing space. Post-2014…

Focus On A Plan

Most people make investments because they want to. They often ignore & overlook whether they actually need to. Investing works very well only if one questions himself on the need. When the need is not clearly identified, the investing is goal-less. Often when we invest without goals, there is a…