Snapshots That Wow!

More decisions = more bad decisions!

“Having more confidence is a good thing in many areas of life. Markets are not one of them. More confident investors tend to trade more and take on undue risk, leading to worse performance.” Higher churn is perfectly correlated with lower net return on an aggregate level.

Source: Charlie Bilello

Give thy brain some rest

“"It never was my thinking that made the big money for me. It always was my sitting."

No matter when you invested in the last century, the median value of a $100,000 portfolio after 20y was $820,414/-

Source: Charlie Bilello

Evacuate, Evacuate, Evacuate!

You can install all the panels you want, unless you can evacuate the power from the generation source, it is all worthless! The average time taken for new capacity to be connected to the grid is hitting 5 years now! T&D investments are severely lacking the spurt in power generation investment seen post the passage of the Inflation Reduction Act in the US.

Source: IKIGAI Asset Management

Ek scheme hai… (#iykyk)

CYTD inflows in sectoral/ thematic funds are 3x of what was seen in 2023 with flows of one third of the year yet to be computed!

Source: Kotak Institutional Equities

The true Great Indian Festival!

“23% of the small & mid cap companies have seen promoter share of ownership come down in the Jun-24 quarter.”

Source: DSP Netra October 2024

Global warming is real!

Old news, but no better proof of how real global warming is.

Source: Press Trust of India