Explaining equity market returns through GDP is a sisyphean exerciseWhile economies are grappling with deep-recession level numbers (India’s GDP is expected to shrink by a whopping 9 per cent according to on...
Rational markets theory keeps running into irrational humansIn the real world, people who trade based on fundamentals don’t have infinite resources.
Why even bots can never do a better job than Warren BuffettWhat makes Buffett special is that he has outpaced the market by a huge margin.
Alpha analysis of some top performing multicap mutual fundsIt becomes imperative to dig deep inside the performance of mutual funds in order to evaluate their alpha generating ability.
Beware! There is a quiet bear market in bonds despite the rallyWith the Fed intending to hike short-term rates more sequentially, longer maturity spot rates may match the level of forward rates, leading...
Book review: 'Even Buffett Isn't Perfect' by Vahan JanjigianThere is ample praise for the master investor. After all, who can find fault with the investment style of a man who has amassed more than $...
Why Modi & Raghuram Rajan complement & not contradict each other's economic beliefsWith Yashwant Sinha & Jaswant out of the race, if Modi were to borrow a leaf out of Narasimha Rao’s book, then Rajan may be fixing fiscal m...
Why it makes sense to buy firms chosen by domestic investors, even if these are shunned by FIIsA big idea of international finance is the inadequate knowledge of a foreign investor in an emerging market.
Nobel Prize winners say stock markets are efficientAre stock markets irrational, driven by greed and fear, subject to euphoria and panic? Or are they highly efficient indicators of intrinsic...
Saving government banks from the government"Those who argue that public sector banks are in good health simply do not understand that they are condemning them to oblivion," Rajan sai...
You can't postpone social development forever: Raghuram G Rajan"When you start cutting government expenditure, at some point you are cutting essential services rather than excessive services."
- Assess risks, not just past returns
Risk is one factor that often gets ignored while evaluating the returns of a mutual fund’s scheme.