No matter what people say but the story of asset management in India, It’s not a new thing but certainly it has gained momentum in the last few years, but AUM less than 5% of GDP leaves a great runway path for AMC companies, while this fact can be verified from the data available in the public domain, which we will look in a while, but depressed returns in these companies have left investors wondering whether these companies will ever be going to give the returns or these will keep crashing, with current turmoil trend in the market which has only accentuated the hammering of AMCs stocks. So, u ..read more

Since the time we have understood ourselves, we must have come across to the situations where we have had found ourselves lost and not competitive enough to carry on the task which we thought to be a child’s play but it turned out a drag and resulted in dropping our guns forever. Can you recall, how many games we left unplayed, how many competitions/exams we never attempted, how many experiences we didn’t add and this list goes on and on. But the question is why we did that and why we didn’t try much. One obvious reason could be that yes everything can’t be attempted or tried but please note t ..read more

Cambridge -Face Value In today’s world of abundant information and data where we are constantly bombarded by fabricated stories, lies, opinions, statements, etc. via social media, news channels, and other sources, we are forced to consume and accept these as universal facts without even applying a single cell of our mind. After many years of continuous noise, they have been able to suppress all the common sense, reasoning, questioning, and independent thinking of a human mind so that now we take almost everything at face value and do not even do the very basic due-diligence of the information ..read more

When we wrote the post ” Cacophony of Extreme Optimism” last year, no one would have thought that next year would put everyone on the back foot and “DIY” investors who were riding the wave will encounter the harsh reality check, that whether they were really surfing on their own or it was due to the “Tsunami” of liquidity which was infused into the financial system by all the central banks globally. Though few things were very evident last year like the insane valuation of IPO’s which were offered and the crowd’s madness to subscribe them and sell them on listing day with gains till the likes ..read more

Multi-bagger – A term coined by legendary fund manager Peter Lynch in his 1988 book “One Up on Wall Street”. It means the stocks that give returns several times of their acquired costs. A raging bull market of more than a decade has made many companies a multi-bagger, as their stock prices multiplied several times, this has not only increased the wealth of the owners/promoters who were having the larger stake in the firm but also few fortunate minority investors who got invested for long due to xyz reasons, because if you ask any from promoter to minority investors none would have expected su ..read more

“Since the beginning of recorded history, gambling – the very essence of risk taking – has been a popular pastime and often an addiction.” – Peter L Bernstein Optimism has helped man kind all through the ages to recover from adversities and pain and it has always been regarded as something without one can not hope to do well in his or her chosen field, but when one take an excessive or unrealistic degree of optimism it leads to over optimism or “extreme optimism“. A condition of extreme optimism leads man to an illusion that he can not loose what ever chance he takes, look at the current IPO ..read more

When we wrote the post ” Cacophony of Extreme Optimism” last year, no one would have thought that next year would put everyone on the back foot and “DIY” investors who were riding the wave will encounter the harsh reality check, that whether they were really surfing on their own or it was due to the “Tsunami” of liquidity which was infused into the financial system by all the central banks globally. Though few things were very evident last year like the insane valuation of IPO’s which were offered and the crowd’s madness to subscribe them and sell them on listing day with gains till the likes ..read more

Multi-bagger – A term coined by legendary fund manager Peter Lynch in his 1988 book “One Up on Wall Street”. It means the stocks that give returns several times of their acquired costs. A raging bull market of more than a decade has made many companies a multi-bagger, as their stock prices multiplied several times, this has not only increased the wealth of the owners/promoters who were having the larger stake in the firm but also few fortunate minority investors who got invested for long due to xyz reasons, because if you ask any from promoter to minority investors none would have expected su ..read more

“Since the beginning of recorded history, gambling – the very essence of risk taking – has been a popular pastime and often an addiction.” – Peter L Bernstein Optimism has helped man kind all through the ages to recover from adversities and pain and it has always been regarded as something without one can not hope to do well in his or her chosen field, but when one take an excessive or unrealistic degree of optimism it leads to over optimism or “extreme optimism“. A condition of extreme optimism leads man to an illusion that he can not loose what ever chance he takes, look at the current IPO ..read more

It’s been said that stock market is not to make you rich but to keep you rich, still people fall into pray of making big in the market despite the fact that very few have made big and those who made big were not the ordinary one, despite the fact that one doesn’t posses skill set required to succeed in the market, despite the fact that one can not devote much time and despite being busy in their daily job people merely wish to make big in the market and thinking of living a comfortable life after 40 years of age. Let’s look into the below names they are all time greats world have seen and can ..read more