The context We all strongly believe that India’s(economy) time has come, and it is at an inflexion point. On most parameters, the economy stands out and presents relatively a better opportunity than most major economies. So, have we changed our view to have come up with the headline? We obviously haven’t. It’s important to understand […]
FY 2022-23 was a year of ‘accumulation’ (reminded me of 2018-19). Corporate profits grew, Equity markets didn’t and hence valuations became reasonable. This meant we could buy more for the same investment. Sometimes investing can be that simple!!! This is exactly the kind of year, we at BuckSpeak, love. Our work-family grew as well. Vivek […]
‘Time is the only arbitrage in Investing today’ The above is such a simple and yet profound statement, shared by Vinit Sambre, CIO at DSP Mutual Fund, during a conversation we had last month. Back in the day, information inefficiencies used to be a huge arbitrage in equity markets. However, with the advent of technology, […]
I know we are well and truly into the new year, but I still think that it’s not too late to share our piece for 2022. Let me take this opportunity in wishing you, your family, your loved ones and all of us a very Happy New Year. Let me begin with something we have […]
An era can be said to end when its basic illusions are exhausted. – Author: Arthur Miller Two very different set of top performers (true legends of their own field) have traversed some sort of parallel journey; FAANGs and the KHANs. FAANG stands for the contemporary tech giants ; Facebook (now Meta), Apple, Amazon, Netflix and […]
Perils of Optimism ‘the feeling that good things are more likely to happen than bad things’ This is how Cambridge dictionary defines optimism. Most of us are wired to stay positive. That’s what self-help books, YouTube videos, Good morning messages on WhatsApp try so hard to do. It actually makes lot of sense as well. However, when it comes to investment, it can […]
‘Inflation, yet again ? We have had enough of it’. Well, you would be justified to think so. We had indeed written about inflation in one of our earlier newsletters : Inflation, Investing & Charts. We had then written about how the current global inflation, especially in US was at its historic highs. So, why are […]
Disclaimer: this post is focused on our economic affairs 😊. As a human, 75 years is a time to enjoy one’s retired life. However, as a nation, 75 years still makes you very young and full of possibilities. The report card on India is definitely be a mixed bag. The proverbial glass might be half-full […]
In our world, everybody is an expert. It’s easy to be an ‘expert’ in investing. Why ? There is abundance of data. However there is a thin line between an informed investor and an ‘expert’ one. Cost of being an ‘expert’ However, this ‘expertise’ can often come at some cost and that’s why it’s dangerous. […]
Are Investors getting mature ? Another financial year comes to an end. It has been an amazing year for the financialization of household savings in this country. Despite volatility in the global markets, India has relatively done better (though I would have preferred Indian equities to go down more 🙂 ). But the equity market’s […]