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 the kind of year, we
In 1849, French writer Jean-Baptiste Alphonse Karr wrote “plus ça change, plus c’est la même chose “ – the more things change, the more they stay the same… Last 18 months in equity markets : While Small Cap index has corrected 17-18 % in absolute, the
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
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
An era can be said to end when its basic illusions are exhausted. – Author: Arthur Miller FAANG stands for the contemporary tech giants ; Facebook (now Meta), Apple, Amazon, Netflix and Google (now Alphabet). KHANs we all know, represent the triumvirate of Hindi movies for
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