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 large and mid cap index have remained range bound and […]
‘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, […]
‘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. […]
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 […]
Wishing you and everyone at home a very Happy Diwali. We have been living through tough times and some of us have lost our loved ones to the pandemic. Festivals are a great time to appreciate how blessed we all are. Story of Ravana’s younger sibling Kumbhakaran was the younger brother of Ravan, who wanted […]
Economy bouncing back strongly With no of daily new covid cases ‘stabilizing’, the economic activity across the country has also resumed. Businesses have become far more adaptive of the new world order. Nomura just released its India Business Resumption Index, which is a measure of various parameters pertaining to economic activity. It tracks mobility data […]