Podcast Transcript: I met a friend after long years. He had been around the world, worked in many countries, and seen the best and worst of the oil booms. In fact, he worked in that sector and was slowly getting ready to retire. We go a long way…
If an asset class is hitting multi-year lows, then we tend to move away from it. On the contrary, when an asset class is nearing multi-year highs, we see the most clamour for it. Investor behaviour tends to shun risk exactly when valuations are very much in favour. The current…
Podcast Transcript The markets are hitting new highs. But my advisor says, “Think long term”. I asked him if we need to book some profits. He says “Do nothing, just let the investments stay.” Friends, keep bringing up these conversations more frequently these days. The problem with…
Opinions are very different from judgements. Investment is a field where we carry both and apply them constantly. Opinions are lighter, presumptive, and easy going. We can like or dislike a personality, a business leader, an industry, or a business. Opinions formed on the basis of instinct rather than inquiry…