Indian IPO Party Gets a Reality Check
 “IPOs are doing so great…” “Why don’t you guys ever suggest investing in IPOs” “Hot IPOs of …...
Do Indian Stocks outperform G-Secs?
The Background: In May 2018 Prof. Hendrik Bessembinder published a study in the Financial Journal of economics …...
TINA (There Is No Alternative to Equities) is RISKY
As the heading seems to suggest, its indeed getting riskier (volatility wise) to continue to believe in …...
Benchmarking
How a change in benchmark can change the outperformance? Imagine you have just boarded a train. On …...
Evergrande – Next Lehmann or Move along
Evergrande – Next Lehmann or Move Along People tend to look at past to make sense of …...
Cash is Trash or Cash is King?
Cash is Trash or Cash is King? We often hear contradictory cliches. Cash is trash. Cash is …...
Nifty 3TV
Nifty 3TV In our earlier post, we have spoken about Nifty’s normalized P/E and its prospective returns. In this …...
In the Age of Passive Funds
In the Age of Passive Funds Point to Point vs. Rolling returns | Declining ability to outperform? …...
What Do Current Valuations Tell You About Prospective Returns?
What Do Current Valuations Tell You About Prospective Returns? The returns that you generate in the equity …...