Thousands of Indian investors borrowed early, concentrated hard and held through the falls. You have only ever heard from the ones it worked for. A look at why the origin stories of famous investors are poor instructions, and the three questions to ask before copying any of them.
India’s IPO market has one reliable trade, and it belongs to whoever applies for the right issues, not whoever applies for the biggest ones. Across 182 mainboard listings from 2019 to 2023 (capped at 2023 so that 3 year returns…
Hendrik Bessembinder asked a deceptively simple question of US stocks: do they actually beat Treasury bills? The answer, for most of them, was no. We ran the same test on the Indian market with an equal weight assigned to each…
Everyone advising you how to invest sits on a payoff structure that shapes what they say. The question is not whether they are biased — everyone is. The question is which direction the bias runs, and whether it points toward your interest or away from it. Cynicism is not a strategy. When you opt out of all advice, you do not escape the payoff structure — you just hide whose interest you have defaulted to.
India's AI proxies, fibre, power and electronics, ran 100 to 450% on the global capex cycle. On Monday they fell with Samsung and Korea while the Nifty barely moved. A note on what these stocks actually are.
The Nifty cannot melt up the way Taiwan's market just did, and the reason is the same thing that keeps it from blowing up.
A short game about trading the news. 12 real headlines, 12 real market reactions, your portfolio on every call. Takes about 8 minutes.
Why retail investors fixate on fees and taxes, and miss what actually moves their returns
The thinking says high-flying stocks crack first in a correction. The latest fall in Indian equities says otherwise. The 240 NSE stocks that had run up the most going in had a median return of around −9.5%, almost four points shallower than the Nifty's −13.7% and shallower than every other decile.