To quote Jason Zweig (Wall Street Journal columnist and one of my favourite writers on personal finance and investing) : Scientifically speaking, boredom is a mildly unpleasant state of mind usually triggered by a monotonous environment. He further adds ‘There’s another possible danger. “Boredom might be catching,” says Robert R. Provine, a psychology professor at the […]
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, […]
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 […]
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 […]
Investing is full of biases. In fact, in our everyday life, most of our decisions are full of them. One shouldn’t be judged for those biases, since most of them are rooted in our evolution. I once had the privilege of asking Rolf Dobelli (the celebrated Swiss author, who wrote ‘The Art of Thinking Clearly’, a […]
Why ‘popular’ is not the best in quality Cambridge dictionary has this as the meaning of the word popular ; ‘liked, enjoyed, or supported by many people’. Popular is also generally a safer option, something which has to be attractive to a large section of its target group (TG). And that’s exactly where the problem lies. It is built […]
Joseph Stiglitz, the Nobel laureate in Economics, in his year-end article described 2021: as a roller coaster year, as hope rose and fell with the pandemic. A simple but apt description of the year. My thoughts go out to all of us, who have lost our loved ones in this tragic year. While the catharsis […]