Charlie Munger, Warren Buffet’s long-term partner at Berkshire Hathaway, said “It is remarkable how much long-term advantage people like us have gotten by trying to be consistently not stupid, instead of trying to be very intelligent.”

It might sound fairly simple and easy to adhere to, but it isn’t 😊. Yes, being dispassionate, having seen cycles, help. However, accepting that intelligence isn’t the primary tool required to create wealth (through investing), isn’t an easy process. At BuckSpeak, we try.

Investing through SIPs, not building up events, giving boring answers to ‘Market ka Kya lagta hai ? How does the Market look ?’ are all part of that process.

We still believing in debt (when an average Indian investor has forgotten about it, Data mining for a smallish crazy year), is our attempt to stay less stupid. We reducing our exposure into mid and small cap is our attempt to stay less stupid.

Elections are over, what next ?

Equity markets are extremely difficult to predict in the short run and there is no reason to believe otherwise. However, the markets lack of volatility has been a surprise. It’s natural for the investors to get used to a false sense of comfort, in the absence of volatility.

However, it would well serve us to remember that volatility is the dharma of equity investments. Internalising this, allows us to be a better investor in the long run.

Disclaimer: Any calculation shown in this post is only for illustrative purposes  and based on prevailing tax laws and the past performance of a fund or investment is not an indicator of it’s future performance. The data used in this presentation has been taken from several sources. Neither BuckSpeak nor any of its employees vouches for the authenticity of the data. Investing in mutual fund comes with market risk. Please read all Scheme Information Documents (SID) /Key Information Memorandum (KIM) and addendums issued thereto from time to time information and other related documents carefully before investing. Past performance is not indicative of future returns. Please consider your specific investment requirements before choosing a fund. Investment should be done in consultant with a financial planner/consultant, who would recommend products aligned to your needs and risk profile. There are no guaranteed returns.  Neither BUCKSPEAK NOR ITS EMPLOYEES, makes any warranties or representations, express or implied, on products offered and would be responsible for any losses from these investments. The company earns commission from Asset Management Companies when the user buys mutual funds. However, the recommendations on funds is not influenced by the commission earned