This one is about possible pivotal events/trends that may well shape things in the years to come in their respective domains. Purely speculative, but wouldn’t that apply to all forward-looking statements? The rise of the right wing across the developed world Trump surprised everyone in 2016 but could not consolidate in 2020. But he still…
Trade off, happy medium, middle ground – all these terms all sound like a compromise, like you are grudgingly giving up on something to get to something else. “Why should I compromise? I deserve the very best I can get” – sounds good in poetry and in theory, in real life this is exactly what…
Investing doesn’t just mean equity investing. Many retail investors in India today believe that SIP into equity mutual funds and stocks is all there is to investing other than buying a house when they can. Over the past few years, I have seen many retail investors park all of their monthly savings into equity funds…
Towards the beginning of CY2021, I’d written a note on the 2011-2020 decade titled “the decade that went by” Hardly 17 months have elapsed since then, but the world is starting to look different already. No one knows if the current trend is here for good or will revert to the previous playbook, macro prediction is…
From 2011 till about 2018, I was almost exclusively a small and micro cap investor. To such an extent that the odd 12,000 Cr market company looked like a large cap compared to the rest of my portfolio. This preference of mine was due to the market conditions of the 2011-14 period and the continuation…
Life is like a limit function where one is always tending towards something. In the course of tending towards something, the proactive few often push themselves. A seemingly harmless by-product of this quest is the tendency to strive towards perfection; the aspiration to do everything right to the extent possible and minimize errors & detours…
One of more interesting Sherlock Holmes stories is “The adventure of the speckled band”. For those of you who haven’t read it, a very aggressive and dangerous man chooses an off beat way of getting his immediate family killed so that he can take over the entire family estate. He uses a poisonous serpent to…
Continued from Part I A small note on a blind spot I see with Indian investors. We are too inward focused and don’t understand global markets all that well. “Mera Bharat Mahaan” is good at nation building but not necessarily the best approach for portfolio building if you have the ability to invest across geographies. Tech behemoths in…
This can be a detailed content note by itself, but I will keep this post simple enough to focus on a few takeaways that investors can use when they are analyzing a business. Breadth of analysis over time can lead one to some generic rules that work well in most scenarios. While the field of…